PA66 price strengthened in September

Price trend

 

Chitosan oligosaccharide

According to the data of the business club’s bulk list, the domestic PA66 market is stronger in mid September, and all models of products have a certain increase. As of September 30, the average offer price of PA66 medium viscosity injection molding class sample enterprises was about 20650 yuan / ton, an increase of 7.55% compared with the average price level at the beginning of the month.

 

In terms of adipic acid upstream of PA66: at the end of August, the domestic adipic acid Market stalled and entered September, the domestic inventory pressure slightly eased. In the first ten days of September, the international and domestic adipic acid market recovered. On September 11, the average price of adipic acid was about 6660.00 yuan / ton. However, the market demand performance is still relatively flat, and the market supply pressure is likely to continue, which has resistance to the upward trend of adipic acid. In the middle of the year, the prices quoted by dealers in some regions rose slightly in the late ten days. According to the data of business agency, the mainstream market price was 6500-6800 yuan / ton on the 21st. The plant operating rate is about 80%. Downstream demand is relatively weak, and the market continues to be oversupply. Most dealers follow the market, the atmosphere of transaction is still in a weak level. In recent years, the price of pure benzene is relatively flat, and the support for adipic acid cost side is general. Market people are cautious, dealers light stock operation, adipic acid is expected to maintain the finishing market in the short term.

 

EDTA 2Na

The upstream adipic acid generally supports the cost side of PA66, but the market of PA66 can still get out of the positive market in September, and the domestic spot market has a big rise. This month, the domestic PA66 operating rate did not change much, and the shortage of goods in the market continued. This month, domestic automobile and other industries have recovered, PA66 consumption has a trend to expand, tight supply of goods into the traditional peak season, the increase will naturally further expand. The actual transaction angle observation, the market trading atmosphere is general. It is difficult to say that the order follow-up speed is fast. However, stock preparation before the festival is also a demand point, and the terminal demand is picking up at the end of the month. In addition, BASF, a major international manufacturer, has announced several times to increase the price of PA66 industrial chain products in the Asia Pacific region and enhance market confidence. This month, the focus of business offers continued to rise, PA66 is expected to continue the trend of strong.

 

Business agency analysts believe: in September, the domestic PA66 market continued a positive trend. The spot price of adipic acid in the upstream is stable and small, which supports the cost of PA66 in general. Downstream factory inquiry and procurement to maintain just needed operation, the traditional peak season order follow-up has turned warm. At present, the continuous tight supply pattern is a major reason for the sharp rise of PA66. It is expected that the market of PA66 will continue to be stronger in the short term.

EDTA