SunSirs--China Commodity Data Group

Sign In

Join Now

Contact Us

Home > PA6 News > News Detail
PA6 News
SunSirs: With the Support of Raw Materials, the PA6 Market Rose in Early May
May 13 2022 14:42:20SunSirs(John)

Price trend

According to the monitoring data of SunSirs, this week, the domestic market of PA6 went sideways after rising, and the spot prices of various brands went up and down. As of May 12, the mainstream quotation price of the sample enterprises for medium viscosity 2.75-2.85 was around 15,900 yuan/ton, which was +0.85% compared with the average price at the beginning of the month.

Analysis review

Industrial chain: On the upstream side, the price of CPL generally rose this week. Crude oil fluctuated violently due to the increasingly tense situation in Eastern Europe. The raw materials, pure benzene and CPL, were supported. In addition, some CPL enterprises planned to overhaul their equipment in the early stage, resulting in a decrease in supply and a rise in prices. Downstream procurement was based on demand and production was mainly maintained. It is expected that the CPL market may rise and then move sideways in the short term.

The upstream CPL market was generally positive, and the cost-side support of PA6 was acceptable this week. The operating rate of domestic PA6 polymerization plants was generally stable at about 70% in the month, with limited changes. In terms of news, the situation in Russia and Ukraine has become more and more tense recently, and the strong operation of international crude oil prices has no obvious effect on the support and transmission of PA6 cost-side. The supply side of PA6 continued the previous abundant pattern. The load of downstream enterprises fell within a narrow range this week, the demand was weak, and the trading situation on the market was average. The recent health incident has caused logistics in many parts of East China to be blocked, which has caused some PA6 demand to weaken.

Market outlook

The analyst of SunSirs believes that the spot price of PA6 was running sideways this week, the trend of CPL generally increased, and the cost support of PA6 was acceptable. Downstream companies tended to buy on dips and just needed to take goods to maintain production. It is expected that in the short term, the market trend of PA6 may be dominated by stalemate.

If you have any questions, please feel free to contact SunSirs with

Exchange Rate:

8 Industries
Rubber & Plastics
Non-ferrous Metals
Building Materials
Agricultural & Sideline Products