Market Review And Outlook For Caprolactam Market In The Third Quarter

One , Two thousand and nineteen Review of caprolactam trend in the third quarter of 2009

Source: lung Chung

In the third quarter, caprolactam market rose overall. It is divided into three stages. Six End of month to Seven The bottom of the month will rebound. Seven Down to the moon Eight The moon is weakening again. Nine After the month, the cost of caprolactam is rising.

Six End of month -7 In mid June, caprolactam market bottomed out. On the one hand, the Sino US leaders' meeting in Osaka released positive signals for trade, on the other hand, Six Caprolactam at the end of the month PA6 The slicing market fell to the lowest level in the year, and the downstream believed that the purchasing risk was not high, and the purchasing atmosphere improved in short term, which led to the caprolactam passing through. 5-6 A sharp rebound in the month followed a rebound. Seven In mid June, caprolactam East China liquid spot price rebounded to Twelve thousand and five hundred element / Acceptance is delivered near tonnes. Sinopec Seven Monthly caprolactam settlement price in Twelve thousand and six hundred element / Tons, more Six Monthly settlement rise Eight hundred and fifty element / Tons.

Seven Under the moon -8 The caprolactam market weakened again at the end of the month, mainly due to the drag on downstream demand. This year PA6 Terminal demand is generally weak, spinning market is affected by Sino US economic and trade, foreign trade demand is sluggish, and domestic demand is seriously weakened due to the severe demand for feather yarn in previous years, resulting in long-term demand for terminal demand. Plus this year PA6 The rapid expansion of polymerization led to a serious imbalance between supply and demand in the market. Competition in slice prices was fierce. Most of the three most of the losses in the polymerization plant were difficult to support the purchase of high priced raw materials. Caprolactam market is short of buying support. Eight Prices fell slightly in the month, and the spot price in the East China market dropped to 12100-12200 element / Tons accepted. Sinopec Eight Monthly caprolactam settlement price in Twelve thousand and four hundred element / Tons, more Seven Monthly settlement fell Two hundred element / Tons.

Nine Raw benzene rose all the month, Sinopec East China Two thousand and nineteen year Nine Monthly pure benzene listing average price Five thousand six hundred and forty-two element / Tons, more Eight Monthly settlement rise Four hundred and twenty-nine element / Tons. Add Nine month Fourteen The attack on the Saudi Arabia caused a sharp rise in crude oil and benzene in a short time. Caprolactam has been rising steadily in the process of rising costs. Nine Monthly caprolactam listing rose to the highest level. Thirteen thousand and two hundred element / Tons. But crude oil and benzene fell back in the later days, due to the recovery of Saudi Crude oil supply. Caprolactam is supported by the limited supply of spot products in the north before the national day limit production, and the spot and spot market is strong enough to operate. to Nine The price of caprolactam liquid in East China is at the end of the month. 12700-12900 element / Tons accepted. Sinopec Nine Monthly caprolactam settlement price in Twelve thousand and eight hundred element / Tons, more Seven Monthly settlement rise Four hundred element / Tons.

Sinopec monthly caprolactam price

Unit: yuan / ton

Two , Two thousand and nineteen Caprolactam supply in the third quarter of 2014

Source: lung Chung

According to long Zhong information statistics, Two thousand and nineteen Caprolactam production in the third quarter of 2009 Seventy-nine point zero one 000 tons, more Two thousand and eighteen Production decline in the third quarter of 2014 One point zero eight 10000 tons, decrease 1.35% 。

Three Market outlook

Changes in some devices in October

According to long Zhong information statistics, caprolactam comprehensive start up at 76.79% Increase before the holidays 1.24% The Lubao plant has been restarted and the Yangyang coal plant has been heard negatively. Ten Parking may be overhauled in April, but the specific market has not yet been determined. In the late period, the supply of caprolactam is still increasing before Baling Petrochemical and orchid parking inspection.

The spot trading of caprolactam market was less than that of the caprolactam market. Twelve thousand and one hundred element / Tons of spot exports fell before the holidays. One hundred element / The price of East China is temporary. 12700-12800 element / It is still on the waiting list to accept the short delivery.

Demand side: most of the terminal needs remain weak. In the overall situation, there is no substantial improvement in the current situation. The polyamide filament has more digestive sink, differentiated products are still shipped, and conventional products basically maintain losses. The starting load of short fiber has been improved, and the demand for nylon has improved over the past years. However, the staple fiber is basically rigid demand, and the price of nylon staple is higher than before. 500-800 element / Tonnes, staple factory run for capital. There is little change in the market for engineering plastics and fishing nets.

On the whole, the supply of caprolactam in October is uncertain, and the supply of caprolactam in the north will increase. Moreover, the sales of the polymerization plant before National Day are not optimistic, and the inventory pressure may be too large after the festival. The slicing market will restrict the caprolactam atmosphere. Long term information predicts that caprolactam will weaken slightly in October. The end of October - In November, with the restart of the overhaul device in October and the possible restart of Jiangsu Haili, and the terminal demand in late November, the caprolactam market is still weak in the fourth quarter.