1、 Price trend:

According to a large number of data on the list of business agencies, the market of PA6 in China fluctuated in the middle and late April. As of April 24, the main offer price of CCB 2.75-2.85 was about 10500.00 yuan / ton.

2、 Analysis of influencing factors:

For caprolactam upstream of PA6. At the beginning of the middle of this month, caprolactam rose due to favorable raw material market and downstream demand follow-up factors. Boosted by crude oil and external market, the focus of domestic pure benzene negotiation has strengthened, opening a rebound path. The price of pure benzene continued to rise. At present, caprolactam runs in horizontal plate, and the price is stable and weak. Some production lines were restarted, and the supply was on the rise. It is predicted that caprolactam will continue to weaken in the short term;

The price of caprolactam was rated as the main one, and the finishing was weak. PA6 cost surface is generally supported. At present, the price of PA6 in China has declined. Despite last week’s rise due to the positive cost side, the effect of this week’s resumption of the polymerization plant is beginning to show. Supply is on the rise and social inventory is on the rise. In addition, the downstream mainly adopts the strategy of just need replenishment, with less consumption. The inventory consumption of slicing enterprises is still slow, and the mentality of businesses is not strong. The contradiction between supply and demand has intensified, and PA6 market is expected to be weak in the short term.

3、 Future forecast:

Business analysts believe that: in the middle and late April, the domestic PA6 market was volatile, and some spot prices fell recently. The upstream caprolactam is flat in the near future, and PA6 is generally supported at the cost end. The demand for replenishment is weak in the downstream, and PA6 consumption needs to be further improved. PA6 market is expected to be weak in the near future.