The Caprolactam price reports are published weekly in Asia and Europe.
The independent pricing assessments cover spot and contract business, while the news and analysis provides an overview of market conditions, plus the impact on prices from demand/supply issues and upstream/downstream movements. The market intelligence in these reports provides you with a trusted reference which enables you to make informed and confident decisions.
Updated to Q2 2019
Supply of spot caprolactam (capro) in northeast Asian was mixed in Q2 2019. The first half of the quarter saw constrained supply as major Taiwanese maker CPDC had a month-long turnaround at its Toufen facility. A series of fatal blasts at Tianjiayi Chemical’s plant in late March prompted several plant outages for government inspections, which tightened supply in China. Yet, as the quarter approached its traditional lull, buying interest waned, leading to longer supply.
Demand for spot capro was stable to soft in Q2 2019. Demand was stable early in the quarter as nylon polymerisation facilities were maintained at higher operating rates to meet traditionally higher demand during the seasonal peak. However, after several plants were forced to shut for government inspections after a serious of fatal blasts in Yancheng, demand declined as players were unwilling to continue stocking up, citing market uncertainty on weakening downstream nylon demand.
European caprolactam (capro) supply increased during the quarter due to weak demand in the downstream nylon 6 market and the automotive sector. Due to the length in the market, some suppliers reduced production rates to counterbalance supply-and-demand dynamics. Spring turnarounds in the capro market had minimal to no impact on supply as plenty of material remained available.
European capro demand continued to drop in the second quarter due to weakness in the downstream nylon 6 market. Buying interest remained low across the downstream textiles and electronic appliance industries, but was particularly weak in the automotive sector, and some car manufacturers have announced the closure of factories in Europe. Low consumption had a knock-on effect on the supply chain.
We offer the following regional Caprolactam analysis and news coverage to keep you informed of factors and developments affecting prices in the Caprolactam marketplace.
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Caprolactam is an intermediate primarily used in the production of nylon 6 fibres and resins. Caprolactam occurs as white, hygroscopic flakes or crystals with a distinctive odour.
Caprolactam occurs as white, hygroscopic flakes or crystals with a distinctive odour. It is soluble in water, cyclohexane, chlorinated hydrocarbons and is usually used, stored and transported in liquefied form at about 80oC.
Caprolactam is an intermediate primarily used in the production of nylon 6 fibres and resins. Nylon 6 fibres are made into textile, carpet and industrial yarns.
Nylon resins are noted for their performance properties including high tensile strength, excellent abrasion, chemical and heat resistance. They are the basis of engineering plastics, used in electronic and electrical components and automobiles, and oriented polyamide films used widely in food packaging.
Conventional caprolactam technology is based on the key intermediate cyclohexanone, which is usually produced by the oxidation of cyclohexane. Cyclohexanone is then reacted with hydroxylamine sulphate to produce cyclohexanone oxime. This is followed by a Beckmann rearrangement using oleum to yield caprolactam.
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