Caprolactam Market Morning Forecast

CPL yesterday the domestic caprolactam market goods tight rise, production plants to carry out the previous orders mainly, the atmosphere of negotiation is strong. Recently, the domestic industry inventory remained low, downstream aggregation to implement centralized replenishment orders, caprolactam mainstream production plant sales pressure is not big, short-term look around the supply is still tight, the market price has sufficient support, the market is expected to maintain strong finishing.

21

2016/07

Caprolactam Market Outlook

CPL last week the domestic caprolactam market strong rise in the market, the market supply is still tight, trading atmosphere to boost the strong. This week, with the normal restart of caprolactam plants such as Fujian Tianchen Yaolong and Shandong Haili Chemical Industry, the shortage of market supply will be eased as expected. At present, the domestic industry inventory is still low, and the sales pressure of various production plants is not great. It is expected that the market will still be strong this week, but the increase will show a shrinking trend. The analysis and forecast are mainly in a narrow range.

18

2016/07

Sinopec raises caprolactam listing price again in July

Caprolactam: Sinopec's listing price for caprolactam in July was 11300 yuan/ton (self-raised in March, superior liquid materials), up 200 yuan/ton from the previous listing and 950 yuan/ton from last month's settlement. Its Baling Petrochemical, Baling Hengyi unified implementation of this price.

14

2016/07

Caprolactam Market Morning Forecast

CPL yesterday the domestic caprolactam market is strong to sort out the market, the mainstream manufacturers to maintain a high offer, push up the intention to positive, downstream aggregation to pick up the goods can be. Yesterday, Sinopec raised the listing price of pure benzene again, which has been raised for the third time in a row this month, and the cost pressure of caprolactam continues to increase. Short-term Jiangsu Dafeng Haili, Hebei Xuyang, Nanjing Oriental have been restarted, the market supply tension is expected to ease slightly, the current industry social inventory is low, the factory push up more positive, the market is expected to maintain a strong market.

12

2016/07

Caprolactam Market Outlook

CPL last week the domestic caprolactam market narrow finishing, affected by the supply of tight, trading atmosphere around the strong. Last weekend, Sinopec raised the listing price of pure benzene, increasing the cost pressure of caprolactam and expanding the loss area of the industry. This week, the domestic Hubei Sanning and Hebei Xuyang caprolactam plants are planned to restart. In the short term, the market supply is gradually resuming increment, and the downstream and terminal demand remain unchanged. The support for the current price trend of caprolactam plants is weakening. It is expected that the market will maintain a narrow adjustment within this week. It is suggested to pay attention to restart progress.

04

2016/07

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