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SunSirs: On July 27, the Price Trend of Domestic PA Market Was Temporarily Stable

July 28 2022 10:29:52     SunSirs (John)

Price trend

According to the monitoring of SunSirs, the price trend of the domestic PA market was temporarily stable. As of the 27th, the quotation of PA was 7,975 RMB/ton. The spot supply in the market was sufficient, and the sales situation was average.

Analysis review

The price trend of the domestic PA market was temporarily stable, the PA market was generally sold, the downstream demand has not changed much recently, the upstream OX price trend was stable, the plasticizer market has declined, the spot supply of PA was normal, and the market price of PA remained low due to downstream influence.

The operating rate of domestic PA manufacturers has not changed much, the operating rate of PA in the field was less than 60%, the domestic PA spot supply was normal, the market price trend was mainly down, the downstream plasticizer industry was down, and the actual transaction was normal. The market price of PA in East China declined slightly, and the high-end transactions on the market were limited. In East China, the mainstream negotiation of PA by OX method was 7,900-8,000 RMB/ton, and the mainstream negotiation of PA by naphthalene method was 7,800-7,900 RMB/ton; the mainstream quotation of PA market in North China was 8,100-8,200 RMB/ton.

Market outlook

The wait-and-see mentality of PA still exists in the market, and downstream purchases are mainly on demand. The recent trend of OX is stable. It is expected that the market price of PA will drop slightly in the later period.

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