1、 Price trend:
According to the data of the business club’s block list, the domestic PA6 market remained stable at the beginning of March, and the spot price rose today. As of the press time on March 4, the mainstream offer price of sample enterprises for Zhongyou 2.75-2.85 was about 16100 yuan / ton, up 22.28% month on month.
2、 The influencing factors were analyzed
Upstream, domestic caprolactam from the market trend in early March, the spot price shock rise. The improvement of caprolactam supply is limited, and the situation is still tight. Today, Sinopec’s caprolactam rose to enhance confidence in the market. The downstream side mainly purchased on demand, and the recent single volume was warmer. Raw material pure benzene was supported by a sharp drop in crude oil production capacity and a stronger cost side, and the price of pure benzene in the external market rose. Domestic pure benzene was boosted, and the low inventory of enterprises was favorable, and the price continued to rise, which strongly supported the cost of caprolactam. It is expected that caprolactam market will be sorted out in the short term.
The high price of raw material caprolactam strongly supports the cost of PA6. In the early stage, the small peak of PA6 chip demand pushed up the spot price, and there was no pressure on the current polymerization plant inventory. Recently, merchants are more active in shipping, and spinning enterprises have strong demand for PA6. But today, the overall operation of downstream plants tends to be cautious, and the wait-and-see atmosphere is gradually spreading. The trading volume of some domestic plasticization markets declined, and there was an offer shock, which led to the phenomenon of taking orders secretly.
3、 Future forecast:
Analysts from business news agency believe that: in early March, the domestic market of PA6 remained high and firm, the support from upstream caprolactam was still strong, and the cost of PA6 was stable and strong. At present, the downstream purchasing operation is buy as you use, and rigid demand is the main one. Market trading atmosphere cooling, offer rise blocked. Overall, the current fundamentals of PA6 are strong, and the price of PA6 is expected to be high.
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