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[Industry Focus]:Raw material pure benzene prices weakened, caprolactam prices fell

According to the analysis, the average price of domestic liquid caprolactam market on May 1 was 12683 yuan per ton, and the average price of domestic liquid caprolactam market on May 8 was 12666 yuan per ton. This week, caprolactam prices fell 0.13 percent.

This week, our lactam market volatility declined. Raw material pure benzene prices fell, cost support weakened. Some enterprises in our country install and repair, the market supply is reduced, the supply is tight. However, downstream demand is insufficient, mainly on-demand purchases, and market transactions are weak. As of May 8, the delivery price of Shandong Hualu Hengsheng caprolactam liquid was 12800 yuan/ton, and the installation capacity of the manufacturer was 300000 tons/year. Sinopec's high-end caprolactam settlement price is 13200 yuan/ton, liquid quality products, self-acceptance in June.

This week, the price of pure benzene raw materials continued to fall. On May 8, the domestic price of pure benzene was 7050-7330 yuan/ton, with an average price of 7163 yuan/ton, down 3.63 per cent from last week. As of May 8, Sinopec Group North China: Qilu Petrochemical quoted 7300 yuan/ton, Shijiazhuang Refining and Chemical Company quoted 7300 yuan/ton, Tianjin Petrochemical Company quoted 7300 yuan/ton.

Recently, the price of pure benzene raw materials has weakened, and the cost end is weak. Insufficient terminal follow-up and few market transactions. It is expected that in the short term, China's lactam market prices will be a small finishing and running.

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