Price trend
| Azodicarbonamide (AC foaming Agent) |
According to the bulk list data of business society, the domestic PA66 market fell last week, and the spot prices of various brands fell to a certain extent. As of March 7, the average ex factory price of PA66 adhesive injection molding sample enterprises of business society was about 33500 yuan / ton, with an increase or decrease of – 1.47% compared with the average price at the beginning of the month.
Cause analysis
Industrial chain: in the upstream, the adipic acid Market in East China fluctuates, arranges and operates, the market is stable and small, and the manufacturer is willing to support the price. However, the supporting effect of raw material pure benzene is strengthened, and the adipic acid market is expected to strengthen. Adiponitrile has recently been affected by the news of domestic production lines, the level of port arrival is general, and the overall support effect on PA66 spot is limited.
| Sodium Molybdate |
The price of adipic acid, the upstream raw material, is generally stable, the change of adiponitrile supply is limited, and the cost side support of PA66 is general. At present, the operating rate of the industry is at a high level, and the load level of domestic PA66 industry has basically returned to normal. The inventory position in Hong Kong is not high, and the arrival volume of overseas goods is limited. In terms of demand, the current buyer’s follow-up situation is biased towards just need to maintain production. The buyer camp has strong resistance to high price sources, and the merchant’s shipment fluency is poor. The transaction resistance on the floor increased, the seller’s mentality was affected, and the range of offer negotiation was expanded last week.
Future forecast
Business analysts believe that the spot price of PA66 continued to fall last week. The improvement of adiponitrile market on the raw material side is limited, the adipic acid market is concussive, and the cost side support of PA66 is general. The load of PA66 enterprise is in a high position, and the support of the supply side to the spot is weak. Downstream users have deep resistance to high price sources. Downstream demand continues to be sluggish and the market momentum is insufficient. It is expected that PA66 may maintain a weak market in the short term.
| http://www.lubonchem.com/ |