The cost side support weakened and PA6 prices continued to decline

1、 Price trend:

Azodicarbonamide (AC foaming Agent)

According to the bulk list data of business society, the domestic market of PA6 fell in early November, and the spot prices of various brands decreased. As of November 12, the mainstream offer price of 2.75-2.85 of China viscosity by the sample enterprises was about 16300 yuan / ton, with an increase or decrease of – 7.03% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: the price of upstream caprolactam fell, the price of raw material pure benzene decreased, and the cost support was insufficient. The demand of downstream polymerization plants is weak, mainly just need to buy, and the market turnover is weak. Sinopec cut the price of high-end liquid caprolactam to 15200 yuan / ton. The price of caprolactam is expected to run weakly and stably in the short term.

Benzalkonium chloride

The recent price decline of upstream caprolactam weakened the cost support of PA6. This week, the overall operating rate of domestic PA6 polymerization plants increased slightly, about 60% overall, and there is still an expectation of increase in the future. At present, the profitability of polymerization plants is general. In terms of demand, the current downstream just needs replenishment. In addition, environmental protection policies such as double limit affect the load of terminal enterprises, the user’s taking of goods is lower, and there is more wait-and-see atmosphere in the venue.

3、 Future forecast:

Business analysts believe that in early November, caprolactam weakened its support for the cost side of PA6, and the spot price of PA6 continued to fall. The terminal demand is weak, and there is no large-scale replenishment. The trading situation on the floor is poor. Most buyers are bearish and the wait-and-see mood is aggravated. It is expected that the spot price of PA6 may still fall slightly in the short term.

http://www.lubonchem.com/

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