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
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.
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.
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.
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.
Caprolactam or Azepan-2-one can be distinguished as a milky white-coloured solution with a mild, disagreeable odour. Caprolactams are cyclic amides of caproic acid, which is a carboxylic acid that is extracted from hexane.
|Industrial Uses||Dyes, Fillers, Intermediates, Surface active agents|
|Synonyms||2-Azacycloheptanone, 6-Hexanelactam, Hexanolactam, 6-Caprolactam, 2-Oxohexamethylenimine, Aminocaproic lactam|
|Molecular Weight||113.16 g/mol|
|Supplier Database||Fibrant, China Petrochemical Corporation (Sinopec), BASF SE, Advansix Inc., Shandong Haili Chemical Industry Co.|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
In the process using phenol, hydroxylamine converts phenol to cyclohexanone, which is subsequently hydrogenated to form cyclohexane oxime. Caprolactam is formed when this chemical undergoes Beckmann rearrangement in the presence of sulfuric acid. This process is used to make 90 percent of caprolactam.
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
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