Weekly Market Outlook for Caprolactam

I. Key Focus Areas

[Chempricehub] Oct 16: The conflict between Houthi forces and Saudi Arabia continues, which, combined with the ongoing Russia-Ukraine conflict, elevates supply risks and drives up international crude oil prices. NYMEX WTI crude oil futures (November contract) rose by $3.44/bbl to $101.41/bbl, a +3.51% change; ICE Brent crude oil futures (December contract) rose by $3.94/bbl to $109.86/bbl, a +3.72% change. China INE crude oil futures (December 2026 contract) fell by CNY 2.2 to CNY 723/bbl, but gained CNY 16.8 in the night session to reach CNY 739.8/bbl.
Pure Benzene Price Adjustment: Sinopec refineries in East, South, and Central China lowered pure benzene prices by CNY 200/ton to CNY 10,600/ton, effective October 16.

Core Logic: Cost support is slightly weakening; Caprolactam is expected to trade sideways as market participants adopt a wait-and-see approach.

II. Price Table

Unit: CNY/ton

Product	Quotation Item	Oct 15	Oct 16	Change	Remarks
NYMEX Crude Oil	USD/bbl	97.97	101.41	+3.44	Nov Contract
ICE Brent	USD/bbl	105.92	109.86	+3.94	Dec Contract
Pure Benzene	East China Market	10380-10450	10250-10350	-130/-100	Cash, Ex-tank
Phenol	East China Market	9400-9550	9300-9400	-100/-150	Cash, Ex-tank
Cyclohexanone	Ex-factory Price	11300-11300	11300-11300	0/0	Cash, Ex-factory
	East China Market	11600-11700	11600-11650	0/-50	Cash, Delivered
Caprolactam	East China Liquid Spot	14200-14200	14300-14300	+100/+100	Bank Acceptance Draft, Delivered
Polyamide 6 Regular Spinning Chips	Ex-factory Price	14600-14800	14600-14800	0/0	Cash, Ex-factory
	Market Price	14800-15000	14800-15000	0/0	Delivered to East China
Polyamide 6 High-speed Spinning Chips	East China Spot	15000-15000	15000-15000	0/0	Bank Acceptance Draft, Delivered
Nylon Fiber	POY 85D/24F	15800-16500	15800-16500	0/0	Bank Acceptance Draft, Ex-warehouse
	DTY 70D/24F	17500-18500	17500-18500	0/0	Bank Acceptance Draft, Ex-warehouse
	FDY 70D/24F	16100-16800	16100-16800	0/0	Bank Acceptance Draft, Ex-warehouse
	Staple Fiber 1.5D*38mm	16300-16800	16300-16800	0/0	Bank Acceptance Draft, Delivered
Caprolactam	Sinopec Sept Settlement	14435			Bank Acceptance Draft, Ex-warehouse
	Shenyuan Sept Settlement	13850			Bank Acceptance Draft, Ex-warehouse
	Sinopec Weekly Settlement	14600			Bank Acceptance Draft, Ex-warehouse
	Shenyuan Weekly Listed Price	14100/14300			Bank Acceptance Draft, Ex-warehouse

Notes:

Caprolactam liquid goods in the East China market are National Standard Premium Grade.
FOB Korea prices are in USD/ton; all other items are in RMB prices, unit: CNY/ton.
RMB prices in the table above refer to cash ex-factory, bank acceptance draft ex-warehouse, bank acceptance draft delivered, or cash delivered terms.
The two price periods represent spot prices from the two previous working days prior to this week, not weekly averages.
"Change" refers to the absolute value of the price fluctuation.

Cookie Preferences