[PA66 Daily Review] Demand Side Average, Market Weakens

1 Today's Summary

①、 On October 9th, a ceasefire agreement was reached between Israel and Palestine, easing geopolitical tensions and leading to a drop in international oil prices. NYMEX crude oil futures for the November contract fell by $1.04 per barrel to $61.51, a decrease of 1.66% compared to the previous period. ICE Brent crude futures for the December contract fell by $1.03 per barrel to $65.22, a decrease of 1.55% compared to the previous period. China's INE crude oil futures for the November 2025 contract dropped by 11.8 to 468.7 yuan per barrel, with a further decline of 4.5 to 464.2 yuan per barrel during the night session.

②. Today, the domestic PA66 capacity utilization rate is 64%, with a daily output of approximately 2,500 tons. Under cost and demand pressure, some enterprises have increased their capacity utilization. Downstream demand is average, and new capacity is gradually being released, ensuring sufficient supply of PA66 in the domestic market.

2 Spot Overview

Based on the Yuyao market in East China, today's market price for EPR27 is referenced at 14,800-14,900 yuan/ton, a decrease of 50 yuan/ton compared to yesterday's price, representing a drop of approximately 0.34%. 。 Raw material prices are fluctuating, creating some cost pressure. However, demand is relatively weak, and the market has an ample supply of spot goods, resulting in a weak market performance.

Figure 1: 2025 Domestic PA66 Price Trend Chart (Yuan/Ton)	Figure 2: 2025 Domestic PA66 East China Price Trend Chart (CNY/ton)
Data Source: Longzhong Information	Data Source: Longzhong Information

3 Production Update

Today, the capacity utilization rate of domestic polymerization 66 enterprises is about 64%, and the supply of goods in the industry is stable. In terms of profits, raw material prices fluctuate slightly, cost pressures remain, and the market operates weakly, continuing the state of loss.

Figure 5: Domestic PA66 Capacity Utilization Trend Chart for 2024-2025	Figure 6: Comparison of Domestic PA66 Profit and Price in 2025 (Yuan/Ton)
Data Source: Longzhong Information	Data Source: Longzhong Information

4 Price forecast

The demand side is weak, market spot supply is sufficient, cost pressure remains high, and the market lacks positive news for a boost, so the domestic PA66 market is expected to consolidate weakly in the short term.

5 Relevant Product Information

Adipic Acid Market In the East China market, adipic acid is priced at 6800-6900 RMB/ton delivered on acceptance, stable compared to yesterday's price. Today, East ChinaAdipic acid marketHesitant and observing. The trade market is largely waiting for price guidance from leading manufacturers, with downstream buyers showing little interest in entering the market. Spot transactions are quiet, and holders are following the market trends, with sporadic low prices being heard. Observations are made on actual transactions.

6 Data Calendar

Table 2 Overview of Domestic PA66 Data (Unit: 10,000 tons)