In January, the trend of PA66 market in China was flat. According to the data monitoring of SunSirs, the average ex-factory price of domestic PA66 was 21,750 RMB/ton on January 16, which was the same as the price level at the beginning of the month.

In the near future, the market of PA66 is stable, and the spot price is running sideways. In terms of supply, the total domestic load of PA66 industry is about 65%, which is running horizontally compared with the previous period. Enterprise operation follows the trend of destocking in the early stage, and the inventory pressure is moderate, while the supply is relatively abundant. In the upstream, pure benzene, the raw material of adipic acid in China is rising, and the cost is good; The supply side is tight, and the low inventory in the market supports adipic acid. The market rose, and the market trading center moved up in a narrow range, which strengthened the cost support for PA66. The situation in demand is weak and difficult to change. The terminal enterprises just need to follow up with the maintenance of goods, and the enterprises have entered the holiday one after another, and the goods have been cashed in before the holiday. The good news is about to be exhausted, and the buyers generally have strong resistance to high-priced goods. The smoothness of merchants' delivery is average.

The spot price of PA66 stabilized in the middle of January. The market at the raw material end rose, and the support for PA66 at the cost end strengthened. The load of PA66 enterprises is stable, the ex-factory price is flat, and the overall inventory position is low. The demand side just needs to follow up with the delivery of goods, and it is expected that PA66 will continue its horizontal consolidation operation in China in the short term.

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