1、 Price trend:

According to the data of the bulk list of the business agency, the market of PA6 in May was positive, and the spot prices of all brands increased to a certain extent. As of May 31, the main offer price of traders for Zhongzhu 2.75-2.85 was about 115666.67 yuan / ton, an increase of 11.58% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

This month, the domestic supply of caprolactam in the upstream of PA6 was tight, with less spot, and the price of caprolactam liquid rose sharply. According to the data in the bulk list of business associations, the average ex factory price of domestic caprolactam liquid at the beginning of the month was about 8533 yuan / ton, and the average price at the end of the month was around 9916 yuan / ton, with a monthly increase of 16.21%. In addition, the raw material pure benzene market was boosted by good crude oil and external market, and the raw material pure benzene rose 19.21% this month. With the recovery of public health events, foreign blockade measures have been gradually relaxed, and crude oil chemicals market has picked up. But at present, the domestic price is higher than the import price, which restrains the sharp rise of domestic pure benzene price. It is expected that caprolactam market will mainly be sorted and operated in the short term.

PA6 market in May rose steadily after the smooth running trend. According to the data of the bulk list of business associations, at the beginning of the month, the lowest price of the whole month is 10366.67 yuan / ton, of which the rising trend is mainly reflected in the first half of the month (the average price is up 9.65%), and on May 7, the spot price of domestic PA6 rose 200-600 yuan / ton, and then continued to rise rapidly. This is highly consistent with the upstream caprolactam market, and it is self-evident that the rising market is benefited by the upstream market. In terms of demand, the buyer’s mentality is cautious, and the improvement of downstream demand is limited. At the end of the month, due to the low price of some polymerization plants and merchants, the offer narrow callback was caused, but the impact on the market is weak.

3、 Future forecast:

Business analysts think: in May, the domestic PA6 market is relatively strong, and the spot prices of all brands have a certain increase. The supply of upstream caprolactam was tight this month, and PA6 cost end was strongly supported. The downstream market demand is basically met, and PA6 trading volume has a downward trend, but businesses generally hold the market. PA6 market is expected to adjust in a narrow range in the near future.