The recent performance of the PA plastics market is not outstanding, of which the PA66 market trend is relatively stable, while the PA6 market trend is sluggish, showing a downward trend as a whole. Under the weak supply and demand, the firm atmosphere is weak, and the transaction is mainly negotiation, and the price is more chaotic. .
From the perspective of supply and demand fundamentals, most polymerization plants are operating under negative pressure, alleviating sluggish production and sales; the performance of downstream terminal demand is still sluggish, and the order follow-up is slow. The upstream caprolactam opens the down channel and bears negative pressure on the slicing market. The insider's mentality tends to be cautious, and the buy-buy or buy-or-buy sentiment still exists. Most players are obviously lack of confidence in the short-term market outlook. They are basically based on the market outlook and replenish on demand.
Given that there are no good news in the market and the supply and demand contradictions are difficult to resolve quickly, the polymerization plant is shipping at a low price and the downstream demand is being followed up slowly. Traders will follow the market. Under this market, the possibility that the price of PA6 chips will continue to fluctuate and decline is still high.