price trend
In the past week (March 11th to March 17th, 2026), the domestic PA6 market has shown an overall trend of high volatility and slight fluctuations. The mainstream focus of negotiations remains high, and the overall trading atmosphere is cautious. Actual transactions are mainly based on small orders for essential needs, and low-priced sources continue to be scarce. The market is in a stalemate with strong cost support and weak demand follow-up. On March 17th, the benchmark price of PA6 in Shengyi Society was 14033 yuan/ton, a decrease of about 3.22% from 14500 yuan/ton on March 11th.
influencing factors
In terms of cost:
The price of caprolactam is directly driven by the linkage between pure benzene and crude oil. Recently, international oil prices have remained high due to the geopolitical situation, and the cost pressure on the raw material side continues to transmit downwards, directly pushing up the production cost of PA6 polymerization plants, and the profit margin of manufacturers continues to be compressed. According to the price monitoring of Shengyi Society, the benchmark price of caprolactam has risen from 11787.50 yuan/ton to 12407.50 yuan/ton in the past week, with a weekly increase of 5.26%.
Supply side:
In the past week, the supply side of the PA6 industry has slightly relaxed, with a slight increase compared to the previous period. On the one hand, some of the PA6 polymerization units that underwent early maintenance have resumed production, coupled with improved supply of raw material caprolactam, resulting in a steady increase in the manufacturer’s operating load; On the other hand, there has been a gradual release of new production capacity in the industry recently, and the overall market supply has increased compared to the previous period.
In terms of demand:
In terms of downstream terminals, the textile and chemical fiber industry has fully resumed work, and the operating rate has steadily rebounded. However, the acceptance of high-level raw materials is limited, and the willingness to purchase goods is weak. They tend to replenish as needed and purchase as needed, without centralized replenishment or large-scale hoarding. The overall trading activity in the market is not high, with a strong wait-and-see attitude and insufficient transaction volume.
Market forecast:
In the short term, the PA6 market still operates around the core logic of cost support and supply-demand stalemate, with prices likely to remain high and narrow, and it is difficult to see significant fluctuations. Focus on the impact of the Middle East situation on crude oil and caprolactam prices, as well as the recovery of downstream terminal orders.
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