price trend
| Gamma-PGA (gamma polyglutamic acid) |
In the past week (March 18 to March 24, 2026), the domestic PA66 market has shown an overall trend of high and strong fluctuations and upward movement, with the price center steadily rising. The market is in a stalemate of supply control, strong cost support, and weak demand waiting to see. Low price sources are gradually tightening, and the overall bargaining space is narrowing. Transactions are mainly based on small orders for essential needs. On March 24th, the benchmark price of PA66 by Shengyi Society was reported at 20533.33 yuan/ton, an increase of 5.12% from 19533.33 on March 18th.
influencing factors
In terms of cost:
Recently, geopolitical conflicts in the Middle East have continued, and international oil prices have fluctuated at high levels. In March, the execution price of hexamethylenediamine in NVIDIA China was raised to 22000 yuan/ton, an increase of 4200 yuan/ton from February; Adipic acid fluctuated at a high level within the week and slightly rose. On March 24th, the benchmark price of adipic acid in Shengyi Society was 10433 yuan/ton, an increase of 1.29% from 10300 yuan/ton on March 18th.
Supply side:
Recently, the volume of imported goods has decreased compared to the same period last year, and coupled with the impact of high price expectations on traders, there is a strong sentiment of hoarding and reluctance to sell. Both manufacturers and traders have low overall inventory, and the market spot circulation is tight.
In terms of demand:
Recently, although most downstream textile industries have resumed work and production, their acceptance of the current high PA66 price is extremely low, and they have a strong wait-and-see attitude. They generally abandon the previous hoarding mode and adopt a small order procurement strategy of immediate use and procurement, only maintaining basic production and stocking, without centralized replenishment or large-scale procurement actions.
Future forecast
In the future, the PA66 market is likely to maintain a high and narrow range oscillation trend in the short term. The core logic is still that cost support is stronger than demand suppression, and prices are unlikely to experience significant unilateral fluctuations in the short term. Overall, stability is the main focus, with slight fluctuations. The follow-up market still focuses on the two core variables of changes in raw material costs and the progress of downstream terminal demand recovery.
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