SunSirs: The PA market in Shandong Province Showed a Weak and Consolidating Trend On December 3rd
December 04 2024 10:43:05 SunSirs (John)
Price trend
On December 3rd, the PA market in Shandong Province experienced a decline. Downstream factories maintained essential procurement, while high-end transactions were hindered. The mainstream source of PA for OX method PA in the field was negotiated at 6,500-6,00 RMB/ton, and the mainstream source of naphthalene based PA is negotiated at 6,300-6,500 RMB/ton.
Analysis review
The price of raw material OX was temporarily stable, while the downstream plasticizer market was fluctuating and falling. PA manufacturers' equipment was operating steadily at high loads, and sales were average.
Market outlook
The PA market is weakly consolidating in the future.
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