Strong upstream, positive PA6 price in early June

1、 Price trend:

 

According to the data of the bulk list of business agencies, the market of PA6 in China was active in early June, and the spot price of some brands rose to a certain extent. As of June 8, the main offer price of traders for Zhongzhu 2.75-2.85 was about 11900.00 yuan / ton, up 2.88% from the average price at the beginning of the month.

 

Gamma PGA

2、 Analysis of influencing factors:

 

The domestic supply of caprolactam upstream of PA6 decreased in May, and the supply shortage and price rose sharply. In addition, the raw material pure benzene market is boosted by the good crude oil and external market, and the price of caprolactam liquid is currently high and strong. At present, public health events have eased, foreign blockade measures have been gradually relaxed, and crude oil chemicals market has picked up. According to the data in the bulk list of business associations, the average ex factory price of domestic caprolactam liquid on June 1 was about 9916.76 yuan / ton, and the average ex factory price of domestic caprolactam liquid on June 8 was about 9983.33 yuan / ton, with a weekly increase of 0.67%. It is expected that caprolactam market will mainly be sorted and operated in the short term. It is suggested to pay attention to the demand follow-up of downstream polymerization plants in the future.

 

PA6 market in May rose steadily after the smooth operation of the trend, early this month domestic PA6 spot offer continued to strengthen. The upstream caprolactam inventory is at a low level, and there is cost support. At present, the high price hike operation is favorable for PA6 cost end. The situation of domestic resumption of work is good, and the increase of consumption demand for overseas plasticization is good for domestic enterprises. At present, the export situation of PA6 is warming up, and the demand of domestic polymerization and slicing plants has been improved limited, and the transaction situation is general.

 

3、 Future forecast:

 

Business analysts think: in early June, the domestic PA6 market is relatively strong, and the spot prices of different brands have increased to a certain extent. The upstream caprolactam inventory is low, and the supply is still tight, which strongly supports the cost end of PA6. The demand of downstream slicers is general, and the purchase strategy is the main one. The consumption of export plastic products increased, PA6 trading volume was fair, and the interest giving sentiment of merchants weakened. It is expected that PA6 market will still slightly increase in the near future.

http://www.lubonchem.com/

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