In December, the domestic PA6 market trend was negative, and the spot price gradually fell. According to the data monitoring of SunSirs, the average ex factory price of domestic PA6 was 13,333.33 RMB/ton on December 30, up or down by -4.31% compared with the price level at the beginning of the month.

In terms of raw materials: it can be seen from the figure below that the domestic caprolactam was consolidated after falling this month, with the decline concentrated in the first ten days. At the beginning of the month, the raw material pure benzene market weakened due to the impact of crude oil price fluctuations, and the cost side was not supported enough. Domestic caprolactam stock is abundant, and the demand side lags behind. The price stabilized after falling, but the current industry load is expected to increase. Therefore, it is expected that the price of lactam will fall again in the short term.

Supply: In December, the operating rate of domestic PA6 polymerization enterprises was adjusted narrowly, and the overall load level remained between 60% and 65%. The monthly output is stable and the supply of goods is abundant.

Demand: In the downstream, the load of textile enterprises is average. In the month when nylon filament starts, the demand for PA6 chips is insufficient. The spot competition on the market is strong, and the effect of pre holiday stock surge is diluted. High price offers are generally not smooth, and buyers often buy goods at low prices, just need to maintain production. The purchasing operation is cautious and the wait-and-see mentality is biased.

In December, the PA6 market was weak and fell. The load of domestic polymerization plants was adjusted in a narrow range, and the supply was maintained at an adequate level. On the demand side, it remained weak and the rigid demand was insufficient. At the same time, the cost fell and then consolidated. The main negative impact of PA6 in this month came from the cost side and the demand side. At the end of the month, the market is in a heavy wait-and-see mood, and the actual price is generally low. On the whole, the market momentum is weak. It is expected that the PA6 market will continue its weak consolidation operation in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.