Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the data from the business club’s bulk list, the domestic PA66 market is strong in October, and the rise rate of various models of products is relatively large. As of November 1, the average offer price of PA66 medium viscosity injection molding class sample enterprises was about 26500 yuan / ton, an increase of 9.69% compared with the average price level at the beginning of the month.
On the upstream side of PA66, according to the data from the business club’s large list, domestic adipic acid in October ended the tepid market since April and turned to rise. East China adipic acid rose by 5.14% in the whole month. The main reason is the surge of upstream costs, the continuous rise of pure benzene price, and the improvement of downstream market. At present, the price range of adipic acid is 6800-7200 yuan / ton. In terms of supply, in October, the operating rate of adipic acid manufacturers remained stable, about 80% or more. The market supply was relatively sufficient, and the manufacturers’ inventory pressure was large. Dealers normally take goods, “silver ten” adipic acid price appeared small Yangchun market. In terms of adiponitrile and hexanediamine, as the main source of imports, and the rise of external disk, the pressure of cost side increased. Currently, the upstream three materials are generally favorable to the downstream PA66.
The support of adipic acid on the cost side of PA66 is fair, and the market of PA66 in October continues to be positive. After undertaking the domestic and foreign spot market, the operating rate of Yingwei is about 66% in September, while the domestic operating rate remains low. In terms of inventory, the current pattern of supply shortage remains unchanged, and the inventory position of the polymerization plant is on the low side. Moreover, due to the general supply of core old customers, the on-site supply is generally insufficient. In October, BASF, DuPont, Randy and other major international companies announced direct price increases. The replenishment operation of downstream factories tends to maintain the rigid demand, but the current home appliance and automobile industry has made obvious efforts. The consumption of PA66 is at the level of traditional peak season, and the purchase and sales volume at the end of the month has increased significantly, so that the transaction focus of PA66 market has been rising in recent years. Tight supply pattern into the traditional peak season, the increase will naturally further expand, PA66 is expected to continue the strong trend.
Business agency analysts believe: PA66 traditional peak season in October, the domestic market trend is strong. The price of upstream products in this month is positive, and the support of PA66 cost is acceptable. Downstream factory procurement follow-up on demand, traditional peak season consumption is large, support spot price. At present, tight supply and large consumption in the market are the key factors for the sharp rise of PA66 in October. At the same time, the external market helps to layer out, and it is expected that the market situation of PA66 will continue to be stronger in the short term.
| Melamine |