SunSirs: On August 24, the Domestic PA Market Price Trend Rose
August 25 2022 10:40:12 SunSirs (John)
Price trend
According to the monitoring of SunSirs, the domestic market price of PA has risen. As of the 24th, the quotation of PA was 8,200 RMB/ton. The spot supply in the market was normal, and the sales situation was general.
Analysis review
The domestic PA market price rose slightly, the PA market was generally sold, the downstream demand had not changed much recently, the upstream OX price trend was stable, the plasticizer market had not changed much, the spot supply of PA was normal, and the PA market price rose slightly.
Some domestic PA units were shut down for maintenance, the operating rate of PA in the market was less than 60%, the domestic PA spot supply was reduced, the market price trend was mainly rising, and the downstream plasticizer industry was slightly lower, and the actual transaction was normal.
On the 24th, the market price of PA in East China rose slightly, and the high-end transactions in the market were limited. The mainstream of OX method supply negotiation in East China was 8,100-8,300 RMB/ton, and the mainstream of naphthalene method supply negotiation was 8,000-8,100 RMB/ton; the mainstream quotation of PA market in North China was 8,200-8,400 RMB/ton.
Market outlook
The wait-and-see mentality of PA still exists in the market, and the downstream purchases are mainly on demand. The recent trend of the PA market has been stable, and the market price of PA is expected to rise slightly in the later period.
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