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