SunSirs: Daily Review of PA66 on April 12
April 13 2022 10:01:58 SunSirs (John)
Price trend
According to the monitoring data of SunSirs, the domestic PA66 market weakened sharply on April 12, and the spot price of individual brands dropped significantly.
Analysis review
Recently, after the upstream raw material adipic acid fell, it went sideways, the domestic news of adiponitrile was bearish, and the cost side of PA66 was not well supported. In addition, the domestic PA66 enterprise installation load situation was high, and the supply in the field was abundant. In addition, end-users had obvious resistance to high-priced sources of goods, and the purchase and stocking operations tended to be on-demand. The trading atmosphere in the market was deserted, and the merchants had great resistance to shipments.
Market outlook
It is expected that PA66 may be weak and difficult to change in the near future.
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