1、 Price trend:
According to the data of the bulk list of business agencies, in February, the domestic PA6 market was stable first and then fell, which was weak. At the end of the month, the price of some brands dropped significantly. As of Monday, March 2, the main offer price of traders to Zhongzhu 2.75-2.85 was about 12433.33 yuan / ton, down 5.57% from the average price at the beginning of the month.
2、 Analysis of influencing factors:
| EDTA |
PA6 upstream caprolactam weak finishing this month, the decline mainly concentrated in the first half of the month. In the first half of the month, the pure benzene port inventory accumulated, and the downstream resumption process was slow. In addition, styrene plant reduced production, raw materials were released, and pure benzene was in the situation of weak supply and demand, and still constrained by transportation. In the second half of the month, domestic logistics and transportation recovered to a certain extent, and the downstream resumption of work continued to advance. At present, there are signs of rising demand, and low-cost goods are starting to be reluctant to sell. By the end of the month, the decline of caprolactam had slowed down, but there was still a downward trend. In terms of demand, the downstream just need to take the goods for stock is not good, and the industry is not optimistic about the existing market. It is expected that caprolactam will mainly digest inventory in the later period, and the price will still fall. At present, the inventory of caprolactam enterprises is high, and the price of raw materials is still falling; the price trend of upstream caprolactam is unclear, which has limited support for PA6. The price of PA6 in China also fell this month. Slice enterprises have a lot of inventory. Although the downstream return to work at the end of the month has improved, but the stock up did not consume years ago, the demand is still weak, only part of the phenomenon of bargain hunting. Business offer to maintain weak, near the end of the month quote center of gravity down. The market atmosphere was cold and trading was slow.
3、 Future forecast:
Business analysts believe that: in February, the domestic PA6 market fell, and some spot prices fell significantly. The trend of upstream caprolactam is weak, and the support for PA6 cost end is poor. The situation of downstream factories returning to work has been improved to some extent, but there are still years of stock up, and the demand remains low. In recent years, the domestic market is relatively slow, the atmosphere is cold, and the operators sell at a profit. It is expected that PA6 market will continue weak adjustment in the near future. It is suggested to pay attention to the cost side market.
| EDTA 2Na |