[PA6 Daily Review] Downstream Follows Demand As The Market Stabilizes And Waits And Sees

1 Today's Summary

①、 Longzhong InformationMay 25 report: Sinopec’s settlement price for high-end caprolactam in May 2026 was RMB 12,340/mt (liquid premium grade, six-month acceptance, ex-works), down RMB 1,230/mt from the April settlement price.

②、 Longzhong Information reported on May 29: Sinopec’s refineries in East China, South China, and Central ChinaPure benzene priceLowered by RMB 300/ton to RMB 7,700/ton, effective May 29.

2 Spot Market Overview

Table 1 Summary of Domestic Polyamide 6 Prices (Unit: RMB/ton)

Data source:Longzhong Information

Costs remain generally stable, providing support for chip ex-factory prices. Coupled with downstream rigid demand follow-up, the trading sentiment for some polymerization products has improved compared with the previous period. During the day, in East China, PA6 conventional spinning grade was quoted at RMB 11,000–11,200/ton, cash, short-distance delivery, while high-speed spinning spot goods were quoted at RMB 11,800–12,000/ton, acceptance, delivered.

Figure 1 Domestic Weekly Price Trend Chart of Polyamide 6 (Unit: RMB/ton)	Figure 2. China Domestic Polyamide 6 and Raw Material Price Trend Chart (Unit: CNY/ton)
Source: Longzhong Information	Data source: Longzhong Information

3 Production Updates

1) The capacity utilization rate of polyamide 6 was 63.17%.

2) The profit for conventional spinning PA6 chips is -800 yuan/ton, and the profit for high-speed spinning is -1020 yuan/ton. tons.

4 Price Prediction

Firm cost prices have provided support for the ex-factory prices of chips; some downstream industries are replenishing stocks based on rigid demand, and the trading atmosphere for polymerization has improved compared with previous days. PA6 chips are expected to remain largely stable and wait-and-see in the short term.

5 Related product information

① Caprolactam ： Today, the price of caprolactam in East China is 11,100 yuan/ton, delivered on acceptance, which remains stable compared to the previous working day. As the weekend approaches, the caprolactam market continues to settle accounts, with no significant price fluctuations.

② Nylon filament: In Jiangsu, Zhejiang, and Fujian, the market price of nylon POY 85D/24 is RMB 13,500–15,000/ton, with some offers quoted higher, while the center of negotiations remains on the lower side. Cost support is insufficient, and the negotiated price level is trending downward. Overall, nylon yarn transactions are mainly based on negotiations and rigid-demand restocking, with the industry operating on marginal profits.

6. Data Calendar

Table 2. Overview of Domestic Polyamide 6 Data (Unit: 10,000 tons, RMB/ton, days)