January 11Th Morning Market Report: Caprolactam Market Is Relatively Stable Upward Difficulty Is Still Difficult.
1. yesterday's market situation:
Yesterday (January 10, 2019), the domestic caprolactam market was relatively stable, which was boosted by the favorable external interests, and the manufacturers pushed higher sentiment. However, because the supply of caprolactam would increase, the actual trading center had a limited upward trend.
The price of caprolactam liquid spot market is 12400-12600 yuan / ton.
In solid aspect, there are fewer suppliers in the near future, and the manufacturers are accompanied by shipping.
2. upstream market:
(1) international crude oil closes on January 10th:
The export of crude oil in the Persian Gulf region has declined, and the market remains optimistic about the reduction in OPEC production, and international oil prices continue to rise.
WTI52.59 rose 0.23 US dollars / barrel; Brent 61.68 increased 0.24 US dollars / barrel.
China's SC main force rose 1903 to 10.1 yuan to 422.3 yuan / barrel.
。
(2) Asian pure benzene closed in January 10th: 560.83-561.83 U.S. dollars / ton FOB Korea, compared with the previous price rise of US $10 / ton.
3. short-term forecasts:
Caprolactam market is expected to market more products to push up the main market, pushing the market to boost sentiment, but the venue supply growth expected growth, the downstream polymerization plant procurement volume increased only slightly, the overall upward momentum of the market is limited.
Therefore, it is expected that the caprolactam uplink will remain difficult in the short term, and the market will be dominated by sideways.
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