On January 14, Hualu Hengsheng Chemical Co., Ltd. lowered the delivered price of caprolactam bulk water in East China by 150 yuan/ton to 9,200 yuan/ton, with actual transactions subject to negotiation. PriceSeek's analysis of caprolactam shows a bearish score of -1.5. The price reduction by Hualu Hengsheng for caprolactam bulk water delivered to East China by 150 yuan/ton to 9,200 yuan/ton, with actual transactions negotiable, indicates market oversupply or weak demand, exerting significant downward pressure on spot prices. This reduction of approximately 1.63% reflects intensified industry competition and inventory pressure, which may prompt other manufacturers to follow suit with price cuts. Spot prices are expected to remain under pressure in the short term.