The cost side price fluctuates, and the PA6 market price fluctuates

1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 fluctuated this week, and the spot prices of various brands fell first and then rose. As of March 25, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 16100 yuan / ton, up or down by + 2.11% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: upstream, the price of caprolactam rose this week. International crude oil drives the price of pure benzene to rise and the cost side to strengthen. The petrochemical plant raised the price of caprolactam, which stopped falling and rebounded due to the current insufficient supply in the field and the weakening of bad news. It is suggested to pay attention to the trend of raw material market and changes in supply.

The upstream caprolactam price recovered, and the cost side support of PA6 strengthened from weak. The operating rate of domestic PA6 polymerization plant has limited change this week and is generally stable at 70%. On the cost side, the situation in Russia and Ukraine has not changed substantially, and the international crude oil price has risen again after falling. The supply side of PA6 continues the previous abundant pattern, the demand of downstream enterprises just needs to be stable, and the on-site trading situation has improved slightly. The supply of low-end goods has been digested, and the confidence of sellers has been strengthened. In the second half of the week, try to support the price and adjust the account. Recently, the logistics obstruction in many places caused by health events has not ended, which also affects the trading of some PA6. At present, PA6 is porous and intertwined, and the market situation is biased towards cost side guidance.

3、 Future forecast:

Business analysts believe that the spot price of PA6 fell first and then rose this week, the trend of caprolactam recovered, and the cost support of PA6 increased. The terminal demand has improved slightly, and the downstream buying has digested some low-cost sources. It is expected that the PA6 market trend may be stronger in the short term.