SunSirs--China Commodity Data Group

Member ID: password: Join Now!
Commodity News

SunSirs: China PA6 Market Fell in November, and the Fundamentals Weakened

November 08 2022 10:26:43     SunSirs (Selena)

In early November, China domestic PA6 market fell. According to the data monitoring of SunSirs, the average ex factory price of domestic PA6 was 14,233.33 RMB/ ton on October 30, and 14,166.67 RMB/ ton on November 5. The range of increase and decrease within the week was -0.47%, which was -16.83% compared with the same period last year.

Last week, the PA6 market fell, and the slice price was generally lowered. Upstream caprolactam market weakened, and PA6 cost side support weakened. At present, the operating rate of domestic PA6 polymerization plants has been adjusted by a narrow margin, and the overall industrial load is below 70%. The tightening on the supply side is insufficient, the supply side of PA6 is still abundant, and the profit of aggregation enterprises is average. In the early traditional peak season, the volume was less than expected, there were many goods on the market, the chip competition was strong, and the high price goods generally did not flow smoothly. In terms of demand, nylon filament of terminal enterprises started at a high level, while other downstream enterprises were in a fair load position. However, most of them have low enthusiasm for digesting the inventory in the early stage and purchasing, and they tend to be wait-and-see. At present, the operators have no strong confidence in the future market, and the number of traders giving up profits and taking orders has increased.

Last week, the spot price of PA6 fell, the market of raw material caprolactam weakened, and the cost support of PA6 was not strong. The demand is relatively lagging behind, and the wait-and-see atmosphere in the market is heavy. At present, the market guidance is empty, and it is expected that the market of PA6 will be weak in China in the short term.

 

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

Related Information
Energy
Chemical
1,3-butadiene | Acetic acid | Acetic anhydride | Acetone | Acrylic acid | Activated charcoal | Adipic acid | Aluminum fluoride | Ammonium nitrate | Ammonium sulfate | BDO | Benzene | Bisphenol A | Bromine | Butyl acetate | Butyl Acrylate | Calcium carbide | Calcium chloride | Calcium Formate | Caustic soda | Chlorinated Paraffin | Chloroacetic acid | Chloroform | CPL | Cryolite | Cyclohexane | DBP | Dichloromethane | Diethylene glycol | Dimethyl carbonate | DMF | DOP | DOTP | EA | ECH | Epoxy resin | Ethyl Acrylate | Ethylene oxide | Ferrous lithium phosphate | Flake caustic soda | Fluorite | Formaldehyde | Formic acid | Glycerol | Hexafluoropropylene | Hydrochloric acid | Hydrofluoric acid | Hydrogen peroxide | Hydrogenated benzene | IPA | Isobutanol | Isooctyl Acrylate | Liquid ammonia | Lithium carbonate | Lithium hydroxide | Maleic anhydride | MEK | Melamine | MIBK | N-butanol | N-butyraldehyde | N-Methylpyrrolidone | N-propanol | Neopentyl glycol | Nitric acid | Orthoboric acid | OX | PA | PAC | PAM | Paraformaldehyde | PCE | PEG | Phenol | Phosphate rock | Polysilicon | Potassium carbonate | Potassium chloride | Potassium nitrate | Potassium sulfate | Propane | Propylene | Propylene Glycol | Propylene oxide | PTFE | R134a | R22 | Resorcinol | Silica | Silicone DMC | Soda ash | Sodium acetate | Sodium Bicarbonate | Sodium metabisulfite | Stearic acid | Sulfur | Sulfuric acid | TDI | Titanium Dioxide | Titanium tetrachloride | Trichloroethylene | Urea | vitamin A | vitamin C | vitamin E |
Rubber & plastics
Textile
Non-ferrous metals
Steel
Building materials
Agricultural & sideline products