Strong PA6 price operation supported by cost side

1、 Price trend:

 

According to the data of the bulk list of business agencies, the market of PA6 in June was positive, and the spot price of most brands rose. As of June 22, the main offer price of traders for Zhongzhu 2.75-2.85 was about 12233.33 yuan / ton, up 5.76% from the average price at the beginning of the month.

 

Potassium monopersulfate

2、 Analysis of influencing factors:

 

The price of caprolactam upstream of PA6 rose sharply in May due to less supply, and continued to rise in June due to tight supply. According to the data in the bulk list of the business agency, the average ex factory price of caprolactam on June 1 was 9916 yuan / ton, and the average ex factory price on June 22 was 10466.67 yuan / ton. At present, the price is 5.55% higher than that at the beginning of the month. In addition, crude oil and outer plate have strong support for pure benzene, and the price difference between the inner and outer plate has narrowed, and the market bottom has strengthened. It is expected that caprolactam market will continue to push up in the future.

 

PA6 market by the upstream caprolactam strong support and continued to rise, the current high price operation. In the third week of June, the performance was average, the offer of merchants was deadlocked, and the delivery situation declined. At present, the domestic operation rate is acceptable. Although the increasing demand for overseas plasticizing consumption is good for domestic enterprises to destock, the order follow-up of downstream factories is slow in the near future, and the reaction to high price goods is general, mainly on the cheap. Even on the 22nd, the nearby merchants’ offer was loose, and the trading situation was normal.

 

3、 Future forecast:

 

Business analysts believe that: in the third week of June, the domestic PA6 market price is relatively high, and the spot prices of different brands are generally stable. Upstream caprolactam inventory is low, supply is still tight, strong support for PA6 cost end. The demand of downstream slicers weakened, and the bargain hunting strategy was dominant. PA6 trading volume declined, and some businesses began to yield profits. PA6 market is expected to remain weak in the near future due to weaker demand.

Azodicarbonamide (AC foaming Agent)