February 13th News
On February 13th, Hualu Hengsheng Chemical Co., Ltd. increased the delivered price of caprolactam bulk water in East China by 50 yuan/ton to 10,000 yuan/ton, with actual transactions subject to negotiation. Chempricehub's analysis of caprolactam indicates a bullish-bearish score of 1. Hualu Hengsheng Chemical Co., Ltd.'s decision to raise the delivered price of caprolactam bulk water in East China by 50 yuan/ton to 10,000 yuan/ton suggests improved market demand or tightening supply, which is favorable for spot prices. This minor price increase is considered a general positive development, potentially boosting sentiment in the spot market. However, actual transactions remain subject to negotiation, limiting the extent of the price hike.