PA6 market trend stabilized | prices are still up

Since the beginning of this week, the domestic PA6 market price trend has stabilized, and it just needs a bit of fatigue. However, the price of the slicing factories is low and the cost pressure is maintained. The price remains unchanged.

Judging from the trend of market prices, the current mainstream price of caprolactam liquid source is accepted with reference to RMB 16,500-16,700/tonne, and the price is relatively strong. In addition, Sinopec’s listing price in June was announced at 16,000 yuan/tonne since acceptance. In view of this, the cost The support of the terminal endorsed the improvement of the slicing market. Look at the slicing price. As of now, the mainstream weight of the manufacturers' conventional spinning light chips is maintained at 17500-18200 yuan/tonne from the price increase, and the low price reference is maintained at 17,400 yuan. / Tonnes of cash since the mention, changes from last week is not large, individual sources rose.

In addition, high-viscosity slicing individual manufacturers offer reference 18800-18900 yuan / ton acceptance, spot is not much. High-speed spinning slicing point of view, high-end spot price reference 18200-18500 yuan / ton acceptance to. Overall, this week The market tends to consolidate. Under the pressure of cost pressure and less support from slicing goods, PA6 prices remain strong. However, the downstream demand is not optimistic. Therefore, the price increase is a bit too much.

From a cost perspective, the upstream caprolactam market is understocked and the prices are relatively firm. Therefore, the cost of the chip manufacturers is strong; on the supply side, there are a lot of early shipments of polymerization plants, and inventory is insufficient at the current stage. Therefore, manufacturers are reluctant to sell at low prices. In terms of demand, downstream factories and traders are cautiously buying, but they do not have large inventories yet. The market needs to maintain a just-needed trading situation. Taken together, we believe that the performance of PA6 in the near-end of the month is calm and the parties are more cautious. In the first half of the month, the price may still rise and fall, and the market will remain firm.

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