1、 Price trend
According to the data of the bulk list of business agencies, the market trend of domestic PA66 market in March was weak, and the price was mostly reduced. As of April 1, the average price of the mainstream offer of PA66 is about 21850.00 yuan / ton, a decrease of 2.89% compared with the average price at the beginning of March.
| ferric sulfate (Poly ferric sulphate) |
Analysis of influencing factors:
In March, the market of adipic acid in the upper reaches of PA66 was weak and expanded. In the first ten days of the month, the price of adipic acid kept a narrow fluctuation and was mainly adjusted downward. At the end of the month, the price of adipic acid went down sharply due to the sharp decrease of settlement price by the manufacturer and the listing price in April. At present, the market is still generally affected by public health events, supply and demand are not strong, and transaction is frozen. The price of adipic acid has been at a low level in the past decade, and the main driving force for the sharp decline of adipic acid price is the overstock of inventory and the lack of demand. On the cost side, the continuous decline of pure benzene price makes the adipic acid Market worse. However, the downstream demand is still not improved, and the operating rate remains at a historical low throughout the month. In addition, with the increase of social inventory pressure and sharp decline of external demand, it is difficult to find a breakthrough in adipic acid export. The price of adipic acid is expected to remain weak in the short term;
This month, PA66 market atmosphere in the context of imbalance between supply and demand more cold, the market is more negative. In terms of supply, PA66 has sufficient spot performance, and logistics is no longer a resistance. However, the low level of starting load of downstream plants is the hard injury of demand this month. The on-site trading is just in need, with few trading information and no large-scale stock.
| Azodicarbonamide (AC foaming Agent) |
Future forecast:
Business analysts believe: in March, the domestic PA66 market continued to adjust its weak position. The spot price of adipic acid in the upstream declined significantly, which gave poor support to the cost side of PA66. The return rate of downstream factories needs to be improved. The replenishment operation is rigid and the demand is very limited. The market atmosphere is oversupplied, and the industry has insufficient confidence in the future market. It is expected that PA66 market will not improve in the short term.
| povidone Iodine |