The price of PA6 is stable temporarily (8.12-8.15)

Price trends:

According to the data of business associations, the trend of domestic PA6 market was temporarily stable in the third week of August. Traders’mainstream offer price of 2.75-2.85 for Sino-Viscose was about 13933.33 yuan/ton, which was basically the same as that at the beginning of the week.

Benzalkonium chloride

2. Analysis of influencing factors:

Since August, the caprolactam liquid market has been steadily declining. This week, the turnover of caprolactam liquid sources in East China has declined. The upstream product cyclohexanone market is weak, the cost support is weakened; the downstream slice Market is light, the polymerization plant is losing some money, the enthusiasm of raw material procurement is not high, the caprolactam is dragged down by demand, and the price is lower. At present, more than 70% of caprolactam plants have been started, and the spot market supply has improved. At present, the profit is limited, spot delivery is weak, the future market may continue to be weak and stable, rigid adjustment; the weakening of caprolactam on PA6 cost support is limited, this week the domestic PA6 market trend is stable. Spot supply is more adequate, downstream demand follow-up improvement is limited, maintain just needed procurement. The news of the postponement of the US-China tariff policy is positive, and the confidence of domestic traders has improved, but the high-price single transaction is still difficult, and both sides of the trade are cautious.

Sodium Molybdate

3. Future market forecast:

Business analysts believe that: in the third week of August PA6 upstream caprolactam steadily declined, weakly stable adjustment. The cost-side support for PA6 is weakened. The trade frictions between China and the United States released a mitigation signal to boost business confidence, but the downstream demand of PA6 has limited follow-up improvement, and trading is flat. The price of domestic PA6 market is stable for the time being, and it is expected that PA6 will be sorted out in a small way in the near future.

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