Price trend

On April 25th, the price trend of PA in the East China market strongly stabilized. The mainstream quotation for OX method PA in the market was 7,100-7,250 RMB/ton, and the market price for naphthalene based PA was 7,000-7,100 RMB/ton.

Analysis review

The price of industrial naphthalene fluctuated and stabilized, the price of OX fluctuated and stabilized, the cost of PA stabilized. The downstream plasticizer market fluctuated and stabilized, the operating load of plasticizer manufacturers remained stable, downstream procurement enthusiasm still existed, on-demand procurement was the main focus, the equipment operating load of PA manufacturers recovered, and the inventory of PA manufacturers remained stable at a low level.

Market outlook

The price trend of PA tends to stabilize in the later stage.

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