SunSirs: The PA Market in Shandong Province Showed a Consolidation Trend on January 3rd
January 06 2025 14:55:06 SunSirs (John)
Price trend
On January 3rd, the PA market in Shandong Province showed a consolidation trend, with downstream factories maintaining their demand for essential purchases. Low price PA was basically not shipped. The mainstream source of PA for OX method PA in the field was negotiated at 6,400-6,500 RMB/ton, and the mainstream source of PA for naphthalene method was negotiated at 6,100-6,200 RMB/ton.
Analysis review
The price of raw materials such as OX was fluctuating and stabilizing, while the downstream plasticizer market was fluctuating and rising. PA manufacturers were operating steadily, and plasticizer companies were operating at high loads, and they were actively purchasing PA, and the sales of PA were stable.
Market outlook
The PA market is expected to fluctuate and stabilize in the future.
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