1、 Price trend:
| Benzalkonium chloride |
According to the data of the business club’s block list, the domestic PA6 market was active in late February, and the spot price rose rapidly recently. As of February 24, the mainstream offer price of sample enterprises for Zhongyou 2.75-2.85 was about 15333.33 yuan / ton, 20.73% higher than the average price level at the beginning of the month.
2、 The influencing factors were analyzed
Upstream, domestic caprolactam market is also rising. The price of pure benzene rose continuously, which strongly supported the cost of caprolactam. Affected by the cold weather in the United States, many refineries shut down. Crude oil and chemicals rose sharply, supporting the domestic market. At the same time, caprolactam supply has not been substantially improved, the fundamentals are good, and the market direction is clear. Caprolactam market is expected to continue optimistic trend.
Raw material caprolactam market is strong, the cost of PA6 support is strong. As early as before the festival, the demand for PA6 chips rose due to the small peak of stock preparation before the festival, and there was no pressure on the inventory of polymerization plants, and some of them oversold. Under the influence of local new year’s promotion, the downstream industry resumed work rapidly after the new year, especially the spinning enterprises’ demand for PA6 started ahead of time. Coupled with the shortage of international chemicals supply, the current bulk commodity prices are stronger, which generally boost the product prices of the plasticizing industry chain.
3、 Future forecast:
Business analysts believe that: in late February, the domestic market of PA6 was strong, and the main positive impact came from the strong market of raw material caprolactam. The cost of PA6 was stable and strong. The strong external market PA6 also boosted the domestic spot price. In addition to the current inflation expectations in the macro market, the price of PA6 is expected to continue to rise.
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