[PA6 Daily Review] Transaction Atmosphere Warms Up, Market Consolidates

1. Today's Summary

2. Spot Overview

Today, the polyamide 6 (PA6) market maintains a stable operational trend. The raw material market has slightly declined, while polymerization companies are supported by cost pressures and keep their quotations firm. Downstream enterprises enter the market to selectively replenish at lower prices, improving the market transaction atmosphere, with actual orders subject to negotiation. In terms of pricing, the cash short delivery price range for regular spinning ordinary grades in the East China region is 9,400-9,800 yuan/ton, while the spot acceptance delivery price range for high-speed spinning is 9,900-10,200 yuan/ton.

3. Price Forecast

From a cost perspective, the price of upstream pure benzene is rising, while the caprolactam market is experiencing ample supply and weak operation, causing chip companies to still face pressure from losses. From a supply and demand perspective, market supply is expected to increase, with downstream companies primarily replenishing stocks based on low prices and immediate needs, and polymer companies seeing improved sales. It is anticipated that the PA6 market will show a slightly favorable trend in the near term.