The Golden Nine and Silver Ten have passed, and the caprolactam market shows signs of recovery

The Golden Nine and Silver Ten have passed, and winter is about to begin. It should have reached the seasonal low period of the chemical industry, but recently there has been a wave of price rebound in the caprolactam market. The reasons are naturally multifaceted. Please follow the below The editor will analyze the origin of this market trend for you:
Cost side: After two months of stable listing, the listing price of Sinopec pure benzene was raised by 100 yuan/ton to 5,400 yuan/ton on October 26, which is gradually approaching the actual transaction price of the market that has risen before. It will be given to pure benzene later. The benzene market brings further room for growth, and caprolactam manufacturers are increasingly feeling the pressure brought by costs, which provides fundamental support for the improvement of caprolactam prices.
Supply side: Recently affected by the insufficient supply of raw material ketone, some caprolactam manufacturers have had to make the decision to reduce their production load, while some companies chose to shut down for maintenance due to the previous weakening of the caprolactam market, and the operating rate once dropped to 80% Next, as the load of some manufacturers increases this week, maintenance equipment may gradually resume normal production next week, and the caprolactam market will maintain a stable supply.
Demand side: With the departure of the National Day holiday, domestic slicing factories experienced a small upsurge in purchasing raw materials after the holiday. Affected by the bearish caprolactam market, downstream manufacturers were relatively more willing to purchase low-priced supplies. The caprolactam market was once The impact of the shortage of low-price supply has appeared. Later, I heard that the chip factory still has plans to increase the operating load. It is expected that the demand for the chip market will further increase, forming a relatively balanced supply and demand situation with the caprolactam market where the operating load is also increasing. Low-price supply of caprolactam will still be Becoming a “hot potato” in the eyes of the slicing factory will undoubtedly give caprolactam manufacturers a shot in the arm.
Comprehensive impact from the three aspects of cost, supply and demand, Zhuo Chuang believes that the caprolactam market may further stabilize the market based on the signs of recovery and consolidate the current market supply and demand balance.