According to SunSirs, the domestic PA66 market continued to rise last week, and the spot prices of various brands increased. As of September 9, the ex factory price offer of the sample enterprises of PA66 medium viscosity injection molding grade of business club was about 23,000 RMB/ ton on average, with a rise and fall of +3.37% compared with the average price at the beginning of the month.

Industrial chain: on the upstream side, the domestic adipic acid trend was weak last week, the market was still in the process of bottoming out, and the cost side improved slightly, but the sluggish demand continued to put pressure on the market. The shipment of domestic adiponitrile was carried out step by step. It is said that Qixiang Tengda accident did not cause serious consequences to adiponitrile production line. Recently, the supply of hexanediamine has continued to be tight, and merchants have been reluctant to sell it. The market is good, and enterprises and businesses adjust their offers.

The overall trend of the upstream raw material market is OK, and the cost side support of PA66 is concentrated on hexanediamine. In terms of industry operating rate, PA66 enterprises have reduced their burdens independently before. At present, the domestic PA66 industry load is not high, the market spot supply is shrinking, and the easing of supply pressure has boosted the spot market. In terms of the port, the inventory position is OK, and the arrival volume of overseas sources is general. In terms of demand, the current follow-up of terminal enterprises is biased towards just maintaining production, and their acceptance of high price sources is general. At present, it is in the peak season of traditional demand, and it will take some time for downstream factories to release their demand. Merchants' confidence has increased, shipments have attempted to rise, transactions are generally normal, and low-cost goods sources have decreased.

The spot price of PA66 rose last week. The price of raw materials is mixed, and the cost side of PA66 is mainly supported by its own diamine. The load of PA66 enterprises is low, the situation of excess supply has improved, and the demand side is mainly for goods. It is expected that in the short term, PA66 in China will be stronger due to the release of demand in the peak season.

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