1、 Price trend
According to the business club’s big list data, the domestic PA66 market fluctuated and adjusted in June. As of June 30, the average price of PA66 medium viscosity injection molding mainstream offer was about 18900.00 yuan / ton, an increase of 0.53% compared with the average price at the beginning of the month.
| ferric sulfate (Poly ferric sulphate) |
Analysis of influencing factors:
The trend of adipic acid upstream of PA66 in June continued the consolidation market in May, and the price rise and fall was weak, and the market was calm. According to the data of the business agency, the price of adipic acid rose slightly in June, but fell by only 0.9% in the whole month. The price of dealers showed mixed ups and downs, with the range of 100-200 yuan / ton. In terms of cost, crude oil continued to consolidate at a high level, and its impact on downstream was gradually weakened. The direct upstream product of adipic acid, pure benzene, dropped significantly in June, and the high level fell. In May, the sharp rise of pure benzene by 15% did not bring fundamental benefits to adipic acid. In June, pure benzene was recalled, adipic acid still did not follow, and the contradiction between supply and demand was still the main reason that puzzled adipic acid market out of the haze. In the later stage, the business club believes that the current oil price has reached a periodic high, and it has slightly stopped rising and falling due to the expansion of overseas epidemic situation at the end of June, and the recovery trend of chemical industry has also been restrained to a certain extent, and the fundamentals are mainly empty. In addition, the cost side is affected by the callback of pure benzene, and the price support of hexanedioic acid is weakened, which does not rule out the subsequent decline. More importantly, there is still no demand He Lihao, adipic acid has been consolidation in a narrow range for two consecutive months from May to June. The so-called long-term decline is inevitable. In the context of demand slowdown caused by the current epidemic situation, it is not ruled out that adipic acid prices may continue to explore lower.
| povidone Iodine |
In the first half of June, the price of PA66 market rose due to the decrease of spot on the spot, and the long overdue market price of PA66 market turned warm. After more than half a month’s adjustment, the situation of less supply in the market has been improved. At present, the domestic spot supply of PA66 is sufficient, and some factories have reduced the load and production. The operating rate of Shenma industry is about 80%, half of Huafeng Group’s units are shut down, Liaoyang Xingjia plant is shut down, and half of Dandong Youxian technology’s units are shut down. PA66 short-term tight supply has come to an end. At present, there is resistance to shipment from merchants and the transaction is difficult. Downstream factories are more resistant to high price goods, so they are more cautious in stock preparation.
Future forecast:
Business agency analysts believe that: June domestic PA66 market narrow shock adjustment. The spot price of adipic acid in the upper reaches is temporarily stable, which can not support the cost of PA66. In the first half of the month, the spot supply decreased, the contradiction between supply and demand in the market eased, and the price rose. In the second half of the month, the shortage of goods improved, the business offer was loose, and there was resistance to trading. The downstream demand needs to be improved, and the goods preparation just needs to be operated. It is expected that PA66 market will continue to fall in the short term.
| Melamine |