Price trend
On April 10th, the price trend of PA in the East China market was weak and fell. The mainstream price of OX method PA in the market was 7,000-7,300 RMB/ton, and the market price of naphthalene based PA was 6,700-7,000 RMB/ton.
Analysis review
The price of industrial naphthalene was stabilizing, the price of OX was temporarily stable, the cost of PA was stabilizing. The downstream plasticizer market wass declining, the expected operating load of plasticizer manufacturers was decreasing, the enthusiasm for downstream procurement was weakening, and on-demand procurement was the main focus. The equipment operating load of PA manufacturers was slowly recovering, and the inventory of PA manufacturers was stable.
Market outlook
The price trend of PA will weakly decline in the later stage.
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