1、 Price trend

According to the bulk list data of business society, caprolactam increased by 25.45% in 2021, with the largest increase of 55.73% in the year. On January 1, the average ex factory price of domestic caprolactam liquid was 11000 yuan / ton, and on December 30, the average ex factory price of domestic caprolactam liquid was 13800 yuan / ton. The highest price of caprolactam in the year is 16300 yuan / ton, and the lowest price in the year is 10466 yuan / ton.

2、 Market analysis

In 2021, the market trend of caprolactam first rose and then fell. The price of caprolactam fluctuated and rose from the middle of January, and began to fluctuate and fall to the end of the year after rising to the highest price in October. The biggest increase in the year was in February, with an increase of 23.05%. The biggest decline in the year was in November, with a decline of 9.12%.

From January 2021 to October 2021, the price of caprolactam fluctuated and increased by 47.05%. The market of raw material pure benzene has strengthened, and the price has risen sharply, which has strong and powerful support for the cost of caprolactam. Caprolactam entered the peak maintenance season in March, and the sharp decline in spot supply supported the spot price of caprolactam. At the same time, after the Spring Festival, the downstream PA6 operation level recovered rapidly, the demand increased, and the caprolactam price was raised. The cost, supply and demand of domestic caprolactam are favorable, and the market direction is clear. Caprolactam market trend is optimistic. In October, the price of caprolactam rose to the highest price of 16300 yuan / ton in the year.

From November 2021 to December 2021, the price of caprolactam continued to decline, with a decrease of 14.68%. The raw material pure benzene is in a downward trend, and the cost support is insufficient. The units of some caprolactam enterprises were restarted, and the supply increased. The downstream slice Market is light and the demand side is weak. Under the dual pressure of cost and demand, caprolactam ran down from weak in November to the end of the year.

In 2021, the total capacity of caprolactam was 5.39 million tons, an increase of 1.06 million tons compared with last year, an increase of 24.48%. In 2021, the total import volume of caprolactam from January to November was 101715.01 tons, and the total export volume from January to November was about 2531.35 tons. The import volume decreased and the export volume increased compared with last year.

New capacity of the enterprise. In 2021, Fujian Shenyuan put into operation 200000 tons of caprolactam, with a production capacity of 600000 tons. Inner Mongolia Qinghua Group 200000 tons put into operation. Xuyang group expanded its production capacity from 200000 tons to 300000 tons. Hualu Hengsheng production capacity of 300000 tons was successfully put into operation.

3、 Future forecast

Caprolactam analysts of business society believe that the cost support is good in 2021 due to the enhanced trend of raw material market. The caprolactam unit is overhauled in turn, the supply end is tight, and the demand for caprolactam increases. Under multiple favorable conditions, caprolactam has a better trend this year and the market weakened at the end of the year. 2021 is coming to an end, and the short-term market is running smoothly.