price trend
In the past week (April 1 to April 7, 2026), the domestic PA66 market has shown an overall high volatility upward trend, still supported by strong costs in the short term, but weak demand has suppressed further upward space. According to data from Shengyi Society, as of April 7th, the benchmark price of PA66 was reported at 22966.67 yuan/ton, an increase of about 10.06% from 20866.67 yuan/ton on April 1st, showing an accelerated upward trend. This round of upward trend continues the strong pattern since March, driven by the continuous price increase of upstream raw materials.
influencing factors
In terms of cost:
Recently, the geopolitical conflict in the Middle East has continued, with international oil prices fluctuating at high levels. Adipic acid has remained high since late March, and the price of hexamethylenediamine has also continued to rise. The execution price of NVIDIA in April has been raised to 26000 yuan/ton, a significant increase from the beginning of the year. The domestic quotation has also reached 22000-23000 yuan/ton, and the cost pressure is directly transmitted to PA66. Although geopolitical conflicts have eased recently, the energy premium in the early stage has been deeply embedded in the industrial chain, making it difficult for the short-term cost center to move downwards.
Supply side:
Recently, there has been a decrease in imported goods, resulting in tight spot circulation in the market. Traders are reluctant to sell, and there is a strong tendency to hoard and sell goods. Both manufacturers and traders have low overall inventory levels, leading to tight spot circulation in the market.
In terms of demand:
Recently, the downstream textile industry has had a low acceptance of high prices and has generally adopted a strategy of “small order demand, on-demand procurement”. Large order purchases are rare, and trading activity is insufficient, forming a stalemate pattern of “supply side control and demand suppression”.
Future forecast
In the future, it is expected that the PA66 market will maintain high volatility in the short term, and the price is unlikely to show a significant unilateral trend. Cost support and weak demand form a game, and price trends will highly depend on changes in raw materials and downstream order recovery progress. If there is no significant improvement in terminal demand, high prices or suppression of production will lead to the continuation of the “price but no market” situation.
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