On May 21st, the price trend of PA in the East China market fluctuated and consolidated. The mainstream price of OX method PA in the market was 6,900-7,000 RMB/ton, and the market price of naphthalene based PA was 6,600-6,800 RMB/ton. The price of industrial naphthalene fluctuated and stabilized, the price of OX fluctuated and stabilized, the cost of PA stabilized, the downstream plasticizer market fell, plasticizer manufacturers had low operating loads, downstream procurement enthusiasm was weak, on-demand procurement was the main focus, PA manufacturers resumed operation, equipment operating loads of PA manufacturers stabilized, and PA manufacturers' inventory remained stable at a low level. The price trend of PA in the later stage will be weak and stable.

On May 21st, the market trend of PA in Shandong region stabilized. The mainstream source of OX method PA was negotiated at 6,900-7,000 RMB/ton, and the mainstream source of PA for naphthalene method was negotiated at 6,600-6,800 RMB/ton. The prices of raw materials such as OX were fluctuating and stabilizing, industrial naphthalene prices were consolidating, and the cost of PA was stabilizing. The downstream plasticizer market was declining, and equipment production by PA manufacturers was increasing. The overall supply of PA market was increasing, and the load of plasticizer enterprises was stable. The enthusiasm for purchasing PA still existed. The PA market is expected to stabilize weakly in the future.

On May 21st, the market price of PA in Jiangsu Province remained strong and consolidated, with the mainstream negotiations for OX method PA sources ranging from 6,900-7,000 RMB/ton and naphthalene sources ranging from 6,600-6,800 RMB/ton. The equipment production of PA manufacturers resumed, and the domestic PA market had seen an increase in spot supply. The price of raw material PA  fluctuated and stabilized, industrial naphthalene prices stabilized, and the cost of PA  stabilized. The downstream plasticizer market had fallen, and plasticizer companies had started production steadily. The demand for PA was still supported, and downstream purchased PA on demand. The PA market is expected to weakly stabilize in the later stage.

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