Caprolactam Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Caprolactam in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Caprolactam Price Trend for the First Half of 2023

Asia

Fluctuating price trends were observed for Caprolactam during the said period in the Asian regional market. These price patterns were primarily dominated by dull downstream demands, given that the present inventory stocks could easily cater to the existing demands. Declined upstream costs because of the decreased crude oil and freight costs also played a crucial role by depleting the cost support. Overall, bearish market sentiments were observed.

Europe

The European Caprolactam market could not behave any differently than the Asian Caprolactam market during H1 2023. Since the consumer sentiment was very necessity-centric, Caprolactam didn’t get much interest, resulting in feeble downstream and end consumer demands. Restored supply chains and improved freight situation also reduced the cost support significantly. So, dull demands amidst high inflation led the Caprolactam prices on a declining trajectory. Overall, low swinging price trends were observed.

North America

The North American Caprolactam market followed the global slowing trends throughout the said period. The market remained riddled with dull demands and filled inventories. In order to move the inventories, suppliers kept discounting the prices. But to their dismay, the demands didn’t pick up as the collapse of two major US banks had given a major blow to the buyer sentiments in the region. So, the Caprolactam prices kept wavering on the lower end of the curve.

Analyst Insight

According to Procurement Resource, price trends for Caprolactam are expected to fluctuate similarly in the upcoming months since the downstream demands will remain unsettled amid rising inflation.

Procurement Resource provides latest prices of Caprolactam. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.