February 10th News
On February 10th, Hualu Hengsheng Chemical Co., Ltd. quoted the delivered price of caprolactam bulk water in East China at 9,950 yuan/ton, an increase of 50 yuan/ton, with actual transactions subject to negotiation.
Chempricehub Analysis of Caprolactam, Bull-Bear Score: 1
The article indicates that the spot price of caprolactam has increased by 50 yuan/ton to 9,950 yuan/ton, suggesting a tight market supply and demand, with price support driven by improved demand or reduced supply. This is favorable for the spot market, as the price increase directly reflects stronger buyer enthusiasm and enhanced cost support, potentially stimulating short-term procurement activities. The increase is relatively small (approximately 0.5%), representing a moderate positive impact. It is expected that spot prices will remain stable with a slight upward bias in the short term.