【PA6 Morning Tip】Recent polymerization enterprises have maintained firm quotations, with the PA6 market slightly up.
1. Focus Point
1 ) On April 1st, market attention shifted from production country sanctions to the US imposing additional tariffs, raising concerns about the impact on demand prospects, leading to a decline in international oil prices. NYMEX crude oil futures contract for May fell by $0.28 per barrel to $71.20, a decrease of -0.39%; ICE Brent crude oil futures contract rolling over to June fell by $0.28 per barrel to $74.49, a decrease of -0.37%. China's INE crude oil futures main contract for May increased by 11.6 to 549 yuan per barrel, and during the night session, it increased by 4.3 to 553.3 yuan per barrel.
2 ) Sinopec caprolactam weekly settlement price is 10,280 yuan per ton (six-month acceptance with interest-free), down 100 yuan per ton from last week.
3 ) Sinopec has raised the price of pure benzene by 150 yuan/ton at its refineries in East China and South China, with the new price set at 6,750 yuan/ton, effective from April 1.
Core logic: Cost support strengthens as polymer firms hold firm on prices, with downstream sectors following demand.
2. Price List
Unit: Yuan/Ton
Product |
Quotation Item |
3 31st of the month |
4 Month 1 Day |
Rise and fall |
Remarks |
NYMEX crude oil |
USD/barrel |
71.48 |
71.20 |
-0.28 |
05 Contract |
ICE Brent crude |
USD/barrel |
74.74 |
74.49 |
-0.25 |
05 Contract |
Benzene |
East China market |
6720-6800 |
6850-6960 |
+130/+160 |
Cash Pickup |
Phenol |
East China Market |
7200-7250 |
7250-7350 |
+80/+100 |
Cash Pickup |
Cyclohexanone |
Factory Price |
7900-8100 |
7900-8100 |
0/0 |
Cash out of factory |
East China Market |
8200-8300 |
8200-8300 |
0/0 |
Cash on delivery |
|
Caprolactam |
East China Liquid Spot |
9800-9850 |
9850-9950 |
+50/+100 |
Deliver to for acceptance |
Regular Spun Nylon 6 Chip |
Ex-factory Price |
10300-10600 |
10300-10600 |
0/0 |
Cash out of the factory |
Market price |
10500-10800 |
10550-10800 |
+50/0 |
Delivered to East China |
|
Polyamide 6 high-speed spinning chip |
East China Spot Market |
11100-11600 |
11100-11600 |
0/0 |
Acceptance delivery |
Nylon fiber |
POY 85D/24F |
12600-13500 |
12600-13500 |
0/0 |
Pick-up after acceptance |
DTY 70D/24F |
14600-16300 |
14600-16300 |
0/0 |
Acceptance and self-pickup |
|
FDY 70D/24F |
14200-14500 |
14200-14500 |
0/0 |
Pick-up after acceptance |
|
1.5D*38mm staple fiber |
12800-13800 |
12800-13800 |
0/0 |
Acceptance delivered |
|
Cyclohexanone |
Sinopec March settlement |
10790 |
Pick up and accept delivery |
||
Shen Yuan March Settlement |
10800 |
Acceptance self-pickup |
|||
Sinopec weekly settlement price |
10280 |
Acceptance and self-pickup |
|||
Shen Yuanzhou listed |
10500 |
Pick-up after acceptance |
Note: |
1 The liquid supply of caprolactam in East China is of national standard premium grade. |
2 FOB Korea is in USD/ton, other varieties are in RMB, unit: yuan/ton. |
3 The above table shows the prices in RMB for cash ex-factory, self-pickup with acceptance, delivery with acceptance, and cash on delivery. |
4 The prices for the two periods are the spot prices of the two working days before this week, not the weekly average price. |
5 The rise and fall are the changes in value. |
Data Source:隆众资讯
3. Market Outlook
Upstream pure benzene and raw material prices have risen, strengthening cost support. Polymer enterprises maintain thin but firm quotations, while downstream industries follow up with demand-based pricing. Some polymer companies have decent shipments, and it is expected that polymer enterprises will continue to maintain firm quotations in the near term, with the PA6 market showing a slight upward trend.
4. Data Calendar
Data |
Release Date |
Last period's data |
Current Trend Forecast |
Polyamide 6 polymerization operating rate |
Thursday at 16:00 |
83.53% |
↘ |
Conventional spinning profit of polyamide 6 |
Thursday at 16:00 |
-45 yuan/ton |
↘ |
Polyamide 6 conventional spinning stock |
Thursday 16:00 |
13.5 days |
↘ |
1 ↑↓ are considered significant fluctuations, highlighting data dimensions with price changes exceeding 3%. 2 ,↗↘ are considered narrow fluctuations, highlighting data with涨幅和跌幅在0-3%以内的情况 |
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
South Korea Extends Anti-Dumping Duties on Chinese Polypropylene Films for 5 Years with a Maximum Rate of 25.04%
-
Tariffs, Warm Weather Weigh on US Output
-
TCL Electronics Achieves a "Strong Start" in 2025 with Dual Growth in Global TV Shipments and Revenue in First Quarter
-
Medical Device Giants Maintain Strong M&A Enthusiasm: Key Sectors to Watch
-
ABB Completes Acquisition of Siemens' Switch Socket Business in China