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Raw materials continue their downward trend, while caprolactam remains in a wait-and-see mode.
Published on 2026-11-09
Today's Summary
① Sinopec has reduced the ex-refinery price of pure benzene by 300 yuan per ton across its East, South, and Central China refineries, effective November 9. The new price is set at 8,200 yuan per ton.
With Sinopec cutting pure benzene feedstock costs by 300 yuan/ton, I expect caprolactam margins to improve slightly. However, weak downstream demand keeps the market in a wait-and-see mode, suggesting limited price volat..
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