Caprolactam: Stable Domestic Market

domestic market

Sinopec's sales price of caprolactam settled in November was 23400 yuan / ton (superior quality, solid self extraction), which was 850 yuan / ton higher than the settlement price of 22550 yuan / ton in October.

Baling Petrochemical production capacity of 180 thousand tons / year of the two line installation operation rate is 100%, the total output is about 580 tons / day; Shijiazhuang chemical fiber total production capacity of 165 thousand tons / year caprolactam new line two line installation week started to drop slightly increased to 60%, Nissan 260-300 tons.

Nanjing Eastern November caprolactam settlement price of 23500 yuan / ton (excellent, self mention, March acceptance), compared with October 22500 yuan / ton settlement price rose 1000 yuan / ton.

At present, its capacity of 200 thousand tons / year of caprolactam plant runs smoothly, with a daily output of about 600 tons.

caprolactam

Caprolactam imports from the US dollar spot market are not widely quoted by traders, and the market sentiment is weakening and negotiation is limited.

Spot market

The market is stable, and some businesses are reluctant to sell. There are not many quotations, and downstream demand is lighter than yesterday.

Market participants expect that the caprolactam market may be dominated by consolidation in the short term.