[pa66 daily review] market spot supply stable, market operates weakly

1 Today's Summary

①、 On October 13, the rhetoric around increased tariffs in the U.S. softened, and the ongoing Russia-Ukraine conflict continued to pose potential supply risks, leading to an increase in international oil prices. NYMEX crude oil futures for the November contract rose by $0.59 to $59.49 per barrel, a week-on-week increase of 1.00%; ICE Brent crude oil futures for the December contract rose by $0.59 to $63.32 per barrel, a week-on-week increase of 0.94%. In China, INE crude oil futures for the 2512 contract fell by 14.8 to 453.7 yuan per barrel, with a night session increase of 0.1 to 453.8 yuan per barrel.

Today, the domestic PA66 capacity utilization rate is 65%, with a daily output of approximately 2,550 tons. Some enterprises have improved their capacity utilization, while downstream demand is average. New capacity is gradually being released, resulting in sufficient supply in the domestic PA66 industry.

2 Spot Overview

Based on the Yuyao market in the East China region, today's EPR27 market price is 14,800-14,900 RMB/ton, stable compared to yesterday's price. 。 Downstream demand is weak, and the market has ample spot supply.Raw material prices are fluctuating, with significant pressure on costs, leading to a consolidation in the market. 。

Figure 1: Domestic PA66 Price Trend Chart for 2025 (Yuan/Ton)	Figure 2: Trend Chart of Domestic PA66 Prices in East China in 2025 (Yuan/Ton)
Data Source: Longzhong Information	Data source: Longzhong Information

3 Production Dynamics

Today, the capacity utilization rate of domestic polymer 66 enterprises is about 65%, and the supply of goods in the industry is sufficient. In terms of profit, raw material prices fluctuate slightly, cost pressure remains high, the market is weak and continues to operate at a loss.

Figure 5: Trend Chart of Domestic PA66 Capacity Utilization Rate 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 prediction

The cost pressure is relatively high, and the market spot supply is sufficient, but Demand-side performance is average, and the industry sentiment is relatively cautious. It is expected that the domestic PA66 market will consolidate weakly in the short term. 。

5 Related Product Information

Adipic acid market. The East China market for adipic acid is referenced at 6,700-6,850 yuan/ton delivered on acceptance, holding steady compared to yesterday's price. Today, the East China adipic acid market is undergoing range-bound consolidation. The news front is quiet, and holders are quoting prices cautiously, keeping the range stable for now. Terminal orders are being released slowly, with downstream buyers entering the market as needed, accompanied by price negotiation pressures, leading to narrow fluctuations in trading focus.

6 ==Data Calendar

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