In early June, the domestic PA6 market first fell and then rose, with narrow fluctuations in spot prices. According to data monitoring from SunSirs, as of June 12th, the average factory price of PA6 in China was 13,500 RMB/ton, a decrease of -0.18% compared to the average price level at the beginning of the month.

The price of raw material pure benzene fluctuated slightly, and cost support is still acceptable. The spot supply of Caprolactam in the market decreased, and many enterprises raised prices slightly. The willingness to restock downstream has increased, with low price transactions being the main focus. It is expected that the market price of Caprolactam will stabilize and improve in the short term.

In the near future, the overall load of PA6 production enterprises is relatively stable, operating in a narrow range of around 70%. The market supply is stable, and there is an expectation of an increase in operating rates in the future. There is a risk of inventory position continuing to rise, and the supplier's support for spot goods is average, with factory pricing under pressure.

In terms of demand: Downstream, the load of the weaving and spinning industries has fluctuated. The actual trading is generally concentrated in low-end spot goods. The overall atmosphere of stocking on site is cautious, with no improvement in the situation of new orders. Buyers are resistant to high priced sources of goods, and the overall demand for PA6 chips is average

Recently, the PA6 market has been fluctuating in a narrow range. The load of domestic polymerization plants is stable, and the supply remains sufficient. In terms of demand, it is average, and stocking tends towards low-priced sources. The price of Caprolactam has recovered, and the support of PA6 cost side has been strengthened. It is expected that China PA6 market will be mixed in the short term, and it is recommended to pay attention to the cost side market.

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