[pa6 daily review] market transaction volume limited, pa6 market slightly weakens and consolidates

1 Today's Summary

①、 The settlement price for Sinopec's high-end caprolactam in December 2025 is 9,885 yuan per ton (liquid premium grade with six-month acceptance and self-pickup), an increase of 985 yuan per ton compared to the settlement price in November.

②、 Sinopec has lowered the price of pure benzene at refineries in East China and South China by 150 yuan per ton, setting it at 5,300 yuan per ton, effective from November 5.

2 Spot Overview

Today, the nylon 6 market is stable, with the raw material caprolactam market also temporarily stable. There is still cost pressure on chips. Polymer enterprises have temporarily stabilized their quotations. As the holiday approaches, downstream demand is limited, and overall market transactions are average. In East China, conventional spinning PA6 is priced at 9,400-9,900 yuan/ton for cash short delivery, while high-speed spinning spot goods are priced at 9,900-10,200 yuan/ton for acceptance delivery.

Figure 1 Domestic Polyamide 6 Weekly Price Trend Chart (Unit: Yuan/Ton)	Figure 2 Domestic Polyamide 6 and Raw Material Price Trend Chart (Unit: Yuan/Ton)
Data Source: Longzhong Information	Data Source: Longzhong Information

3 Production Dynamics

1 The capacity utilization rate of polyamide 6 is 67.97%.

2 The profit for conventional spinning PA6 chips is -625 yuan/ton, and for high-speed spinning, it is -842.5 yuan/ton. tons.

4 Price Forecasting

From the cost perspective, the caprolactam market is stabilizing, but the pressure on chip costs remains significant. In terms of supply and demand, with upcoming maintenance by some enterprises, the supply of chips is expected to decrease, and downstream restocking will continue on an as-needed basis. It is anticipated that the PA6 market will stabilize after the holiday.

5 Related Product Information

①、 Caprolactam Market: Today The market price of caprolactam in East China is 9475 yuan/ton acceptance and delivery, remaining stable compared to the previous trading day. Today, the caprolactam market is mainly consolidating and observing, with no significant fluctuations.

②、 Nylon filament market: In the Jiangsu, Zhejiang, and Fujian regions, the market price for nylon POY85D/24 is 11,000-12,500 yuan/ton. Negotiations are flexible, and there are low-priced goods available in the market. Companies are finding it difficult to trade at high quoted prices. The overall nylon yarn market is primarily driven by negotiations and just-in-time replenishment. Cost-driven momentum is strong. The industry is marginally profitable.

6. Data Calendar

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