1.Focus Point

1) 3/27: The United States extends sanctions on some oil-producing countries, raising market concerns about potential supply risks, leading to an increase in international oil prices. NYMEXCrude Oil FuturesThe May contract for WTI crude oil is at $69.92, up $0.27 per barrel, a change of +0.39%; the May contract for ICE Brent crude oil is at $74.03, up $0.24 per barrel, a change of +0.33%. The main contract for INE crude oil futures is at 2505, up 4.0 to 543.4 yuan per barrel, with a night session drop of 0.4 to 543 yuan per barrel.

Sinopec's high-end caprolactam settlement price for March 2025 is 10,790 yuan/ton (liquid premium grade, six-month acceptance for self-pickup), down 715 yuan/ton from the February settlement price.

3) Sinopec下调华东和华南炼厂的纯苯价格350元/吨，执行价格为6600元/吨，该价格自3月26日起生效。

Core logic: Raw material market operates steadily with downstream cautious restocking; PA6 chips remain under watchful consolidation.

2.Price List Form

3.Market Outlook

The caprolactam market is operating steadily with limited cost support. Following previous replenishment, downstream industries are primarily digesting inventory and cautiously observing the market, resulting in limited demand. It is expected that the PA6 market will experience slight fluctuations in the near future.

4. Data Calendar