January 25Th Morning Post Market: Caprolactam Market Or Steady Weakening
1. yesterday's market situation:
Yesterday (January 24, 2019), the caprolactam liquid market trend was stable, and the stocking end of the polymerization plant was coming to an end. The overall trading atmosphere in the field was general. The liquid spot price had no obvious fluctuation. The price of caprolactam liquid spot was 12700-12900 yuan / ton acceptance. Solid market trading slowed down and prices stabilized.
2. upstream market:
(1) international crude oil closes on January 24th: the US may sanction Venezuela to cause the supply to tighten the worry, but the US crude oil inventories sharp growth has brought the bad luck, the international oil price has mixed each other. WTI53.13 rose 0.51 US dollars / barrel; Brent fell 61.09 US $0.05 / barrel. China's SC main force rose 1903 to 0.3 yuan to 428.7 yuan / barrel.
(2) Asian pure benzene closed in January 24th: 559.5-560.5 U.S. dollars / ton FOB Korea, compared with the previous price fell 5 U.S. dollars / ton.
3. short-term forecasts:
Near the Spring Festival, many downstream polymerization plants have been stocked, and due to the expectation that the market is not optimistic, the polymerization plant is stocking on demand, and the caprolactam market has no obvious volume. In the late stage, the supply of caprolactam is adequate, and the caprolactam market is expected to weaken or weaken.
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