Polyamide 6 Daily Review: Weak Demand Supports Weak Market Fluctuations

1 Today's Summary

①、 Longzhong Information reported on April 13: Sinopec's caprolactam weekly contract price was 13,800 yuan/ton (six months acceptance bill interest-free), a decrease of 230 yuan/ton from the previous period.

②、 Sinopec's North China, South China, and Central China refineries have reduced the price of pure benzene by 300 yuan/ton, now at 8700 yuan/ton, effective April 9.

2 Spot Market Overview

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

Data Source: Longzhong Information

Downstream enterprises are also becoming increasingly cautious in procuring raw materials, leading to a rise in aggregated inventory levels, while the market lacks momentum.Substantive Support Currently, the price of conventional PA6 filament in East China is RMB 13,200–13,400 per ton for cash payment with short-distance delivery; for high-speed spinning filament, the spot price is RMB 14,000–14,200 per ton delivered, payable by acceptance bill.

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

3 Production Dynamics

1) The capacity utilization rate of Polyamide 6 is 67.69%.

Polyamide 6 conventional spinning chip profit is -600 yuan/ton, high-speed spinning profit is -500 yuan/ton. Ton.

4 Price Prediction

Market buying enthusiasm is moderate. ， Slice factory inventories continue to rise, putting pressure on polyester producers' shipments.PA6 chips are expected to exhibit a weak and volatile trend in the near term.

5 Related Product Information

① Caprolactam ： Today, the price of caprolactam in East China is 13,100 RMB/ton with delivery payment, remaining stable compared to the previous working day. Caprolactam market supply and demand game, prices stabilize for now and wait-and-see 。

② Nylon filament yarn: In Jiangsu, Zhejiang, and Fujian regions, the market price for nylon POY 85D/24 ranges from RMB 15,500 to 16,700 per ton, with some offers quoted higher and flexible negotiations. Prices remain firm at elevated levels, driven by rising costs. Transactions are primarily based on negotiations, with buyers mainly restocking for immediate needs, and the industry operating on slim margins.

6. Data Calendar

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