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    February 18Th Morning Market Report: Caprolactam Spot Supply Is Tight, Prices Continue To Rise.

    2019/2/18 20:14:00 102

    Caprolactam Spot

    industry

    product

    Area / unit

    Two

    14 June

    Two

    15 June

    Ups and downs

    Remarks

    crude oil

    WTI

    USD / barrel

    Fifty-four point four one

    Fifty-five point five nine

    +1.18

    --

    BRENT

    USD / barrel

    Sixty-four point five seven

    Sixty-six point two five

    +1.68

    --

    nylon

    Pure benzene

    FOB

    The Republic of Korea

    Five hundred and ninety-six

    Five hundred and ninety-five

    -1.00

    US dollar / ton

    cyclohexanone

    Inner East China

    10200-10400

    10400-10600

    +200/+200

    Cash delivered

    caprolactam

    East China liquid cash

    13000-13100

    13100-13200

    +100/+100

    Acceptance delivered

    East China solid cash

    14000-14300

    14300-14500

    +300/+200

    Cash delivered

    PA6

    Conventional spinning and slicing

    Ex factory price

    14500-15000

    14500-15000

    0/0

    Cash factory

    East China market

    14800-15200

    14800-15200

    0/0

    Cash in hand

    PA6

    High speed spinning and slicing

    East China spot

    15000-15200

    15000-15200

    0/0

    Acceptance delivered

    caprolactam

    Sinopec January settlement

    Twelve thousand and eight hundred

    Self acceptance

    Sinopec February listing

    13200/13500

    Self acceptance

    Focus News

    One

    Last Friday, trade sentiment rose, and the Dow rose 400 points, rising for eight weeks. The company opened up and closed up less than 2%. The oil price rose by more than 2%.

    Two

    Sino US economic and trade consultations continued this week in Washington.

    Three

    Trump declared that the United States entered a state of emergency and circumvent the border wall funding restrictions.

    Four

    The US Department of Commerce import vehicle tariff report submitted to Trump, or the highest levy 25%.

    Five

    The official response to zero tax declaration is equal to no tax: the tax records can be opened; the year-end bonus will be incorporated into the consolidated income tax in 2022.

    prediction

    One

    The morning will announce Japan's December core machinery orders.

    Industry start up rate

    industry

    Two

    14 June

    Two

    15 June

    change

    caprolactam

    76.93%

    76.93%

    0%

    PA6

    polymerization

    78%

    78%

    0%

    Forecast for future market:

    The market of caprolactam in the near future is basically good, crude oil and benzene market are better, and the cost side is strong.

    The supply of caprolactam is tight, and individual factories are out of stock, offering prices continue to rise, the market is in a moderate upward trend, and the downstream polymerization plants are still in high demand.

    It is expected that the caprolactam liquid spot market will continue to rise slightly this week.

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