Cost weakening, caprolactam price falling (5.15-5.19)

1、 Price trend

 

Benzalkonium chloride

According to the commodity market analysis system of the business community, the average price of domestic liquid caprolactam market was 12833 yuan/ton on May 15 and 12800 yuan/ton on May 19. Caprolactam prices fell 0.26% this week.

 

2、 Market analysis

 

Caprolactam market prices fell slightly this week. The price of raw material pure benzene has decreased, weakening cost support. At present, the supply and demand of caprolactam market is balanced, and the downstream demand is weak. Most of the products are purchased at low prices, and they are mainly cautious.

 

Melamine

This week, the price of pure benzene decreased. On May 15th, the price of pure benzene was between 6703-7120 yuan/ton (average price 6911 yuan/ton). On Friday (May 19th), the price of pure benzene was between 6603-6880 yuan/ton (average price 6741/ton), a decrease of 5.18% compared to last week and a decrease of 25.73% compared to the same period last year. This week, the price of Sinopec pure benzene dropped to 6800 yuan/ton, while prices in Shandong and Hebei regions also fell simultaneously.

 

3、 Future Market Forecast

 

Caprolactam analysts from the business community believe that the price of raw material pure benzene has weakened recently, and the cost side support is general. The terminal demand is poor, and the market is relatively balanced between supply and demand. It is expected that caprolactam market price will be weak in the short term, which will be dominated by consolidation operation.

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