Caprolactam Prices, Pricing, Demand & Supply

North America Caprolactam pricing in North America in Q4 2023 witnessed to a declining pattern due to the feeble trading activities among enterprises. The oversupply of Caprolactam in the market led to a decline in demand, primarily due to reduced buying activities and high-interest rates. This resulted in a bearish market situation with low demand and moderate supply. The lackluster demand for Caprolactam can be attributed to the economic uncertainty and customers continuing to reduce stock levels. The decline in prices was influenced by supply and demand imbalances and fluctuations in raw material prices, primarily benzene. In the USA, the prices of raw material benzene remained weak which influenced the downstream derivative sectors, including Caprolactam. The year-end offer sales could lead to destocking of materials, but improved buying activities are expected in the domestic market. Overall, the Q4 2023 Caprolactam market in North America faced bearish conditions with ...