The cost side strongly supported the price of PA6 from decline to rise in early March

1、 Price trend:

 

Benzalkonium chloride

According to the bulk list data of business society, the domestic market of PA6 fell violently in February, and the spot prices of various brands decreased as a whole. As of February 25, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 15800 yuan / ton, with an increase or decrease of – 1.66% compared with the average price at the beginning of the month.

 

2、 Analysis of influencing factors:

 

Industrial chain: in the upstream, the price of caprolactam and its raw material pure benzene was raised last week due to the rise of crude oil price and the strengthening of cost support. In the short term, the raw material market continues the upward trend, and caprolactam is rising steadily. It is recommended to pay attention to cost side changes.

 

povidone Iodine

The price of caprolactam in the upstream rose, and the cost side support of PA6 strengthened. The operating rate of domestic PA6 polymerization plant is relatively stable at 70%. This week, the supply side continued the previous abundant pattern, and the demand of downstream enterprises was flat. In addition to contract production and delivery, there were few large-scale goods preparation on site. There was a lack of trading during the week, and the improvement of market momentum was limited. Due to the further deterioration of the situation in Russia and Ukraine, the Western camp’s sanctions against Russia have been upgraded, the market’s expectation of future energy supply interruption has been further strengthened, the petrochemical industry chain continues to rise strongly, and the main benefit of PA6 is still the cost side.

 

3、 Future forecast:

 

Business analysts believe that: last week, the spot price of PA6 fluctuated and rose, the trend of caprolactam rose, and the cost support of PA6 strengthened. The expansion of terminal demand is less than expected, the buyer’s mentality is not strong, and there is resistance to the supply of high price goods. It is expected that the PA6 market may remain strong and volatile in the short term.

http://www.lubonchem.com/

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