PA6 market rose in May

1、 Price trend:

 

povidone Iodine

According to the bulk list data of the business agency, the domestic market of PA6 rose in May, and the spot prices of various brands rose. As of May 30, the mainstream offer price of the sample enterprises for Zhongtong 2.75-2.85 was about 16300 yuan / ton, up or down by +3.38% compared with the average price at the beginning of the month.

 

2、 Analysis of influencing factors:

 

Industrial chain: upstream, the price of caprolactam rose this month. The crude oil was violently shaken by the increasingly tense situation in Eastern Europe, and the raw materials pure benzene and caprolactam were supported. At the beginning of the month, some caprolactam enterprises planned to overhaul their devices, resulting in a decrease in supply and an increase in prices. Downstream procurement is based on demand, mainly on maintaining production. It is expected that the caprolactam market may be sideways after rising in the short term.

 

Azodicarbonamide (AC foaming Agent)

The upstream caprolactam market trend is positive, and the cost side support of PA6 this week is acceptable. The operating rate of domestic PA6 polymerization plant was generally stable at about 70% in the month, with limited change. In terms of news, the tension between Russia and Ukraine remains the same, and the strong operation of international crude oil prices does not significantly support the transmission of PA6 cost side as expected. The supply side of PA6 is relatively abundant, but the profit of the manufacturer is under pressure. The load of downstream enterprises was basically sideways, the demand slowed down, and the on-site trading at the end of the month decreased. The health incident in May has hindered the logistics in many places in East China and has not yet ended, affecting some PA6 demand.

 

3、 Future forecast:

 

According to the analysts of business agency, the spot price of PA6 rose in May, the trend of caprolactam rose as a whole, and the cost support of PA6 was acceptable. Downstream enterprises mainly take small orders to maintain production. There is resistance to high price goods in the market, and the trading volume shrinks. It is expected that the trend of PA6 market may turn down in the short term.

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