January 10Th Market Morning Post: Caprolactam Favorable Factors To Increase The Market Or Stabilize The Better
1. yesterday's market situation:
Yesterday (January 9, 2018), the domestic caprolactam market mentality was good, the price of other products in the industry chain rose, caprolactam manufacturers pushed up the mood higher, liquid spot offer price rose.
The demand for downstream aggregate chips is still in demand, and the purchase volume of some polymerization plants has increased. The price of caprolactam liquid spot market is estimated at 12500-12600 yuan / ton.
In solid aspect, manufacturers will continue to operate, and the downstream is still on demand.
2. upstream market:
(1) international crude oil closes on January 9th:
Saudi Arabia said that it would jointly increase OPEC production, boost market confidence and slow down the pace of interest rate hike in the US Federal Reserve.
WTI52.36 rose 2.58 US dollars / barrel; Brent 61.44 increased 2.72 US dollars / barrel.
China's SC main force rose 1903 to 3.1 yuan to 412.2 yuan / barrel.
。
(2) Asian pure benzene closed in January 9th: 550.83-551.83 U.S. dollars / ton FOB Korea, compared with the previous price rise of US $6 / ton.
3. short-term forecasts:
The price of caprolactam is increasing and the price of crude oil is rising overnight. It will continue to support the domestic commodity market, and the products of polyamide industry chain are mainly pushed up at present.
Although the supply of orchid industry has increased, the volume of downstream aggregate purchase has also increased. Therefore, the supply and demand pattern of caprolactam is expected to be stable for a while and has limited market impact.
In the positive circumstances of the promotion of various products in the industry chain, the caprolactam market is expected to stabilize steadily in the short term.
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