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Morning Market Briefing for Caprolactam

Published on 2026-09-23

I. Key Points

  1. [Chempricehub] Sep 22: The US and Iran are set to hold talks, with the market anticipating a easing of geopolitical tensions, leading to a decline in international oil prices. NYMEX crude oil futures (October contract) fell by $1.19/bbl to $94.59, down -1.24% day-on-day; ICE Brent crude oil futures (November contract) fell by $1.09/bbl to $99.25, down -1.09% day-on-day. China INE crude oil futures (contract 2611) dropped by CNY 13.7 to CNY 717.1/bbl, and declined further by CNY 22.3 to CNY 694.8/bbl in the night session.

  2. Sinopec refineries in East, South, and Central China lowered pure benzene prices by CNY 300/ton, implementing a price of CNY 9,600/ton effective September 18.

Core Logic: Caprolactam supply landscape shifts toward loosening; market dynamics involve a tug-of-war between costs and supply-demand balance.

II. Price List

Unit: CNY/ton

Product Quotation Item Sep 21 Sep 22 Change Remarks
NYMEX Crude Oil USD/bbl 95.78 94.59 -1.19 October Contract
ICE Brent Crude USD/bbl 100.34 99.25 -1.09 November Contract
Pure Benzene East China Market 9460-9750 9700-10000 +240/+250 Cash ex-works
Phenol East China Market 8950-9050 8800-8950 -150/-100 Cash ex-works
Cyclohexanone Ex-works Price 10300-10300 10300-10300 0/0 Cash ex-works
East China Market 10450-10500 10450-10500 0/0 Cash delivered
Caprolactam East China Liquid Spot 14300-14300 14000-14300 -300/0 Bank acceptance delivered
Polyamide 6 Regular Spinning Chips Ex-works Price 14200-14800 14200-14500 0/-300 Cash ex-works
Market Price 14500-14800 14400-14600 -100/-200 Delivered East China
Polyamide 6 High-speed Spinning Chips East China Spot 14800-14900 14800-14800 0/-100 Bank acceptance delivered
Nylon Fiber POY 85D/24F 15800-17000 15800-17000 0/0 Bank acceptance ex-works
DTY 70D/24F 17600-19100 17600-19100 0/0 Bank acceptance ex-works
FDY 70D/24F 16000-17000 16000-17000 0/0 Bank acceptance ex-works
Caprolactam Sinopec Settlement Price
Sinopec Ex-works Price 12900
Sinopec East China Delivery 13000

Comments

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  • Sarah Mitchell 2026-09-23 20:06
    The CNY 300/ton cut in pure benzene directly pressures caprolactam feedstock costs, potentially squeezing margins despite easing geopolitical tensions. With supply loosening and downstream demand remaining cautious, I ex..
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