[PA66 Morning Alert] Under the pressure of cost and demand, the domestic PA66 market will be consolidated in the short term.
1. Focus points
1. 3/31: The U.S. indicated that military action against Iran is not off the table, raising market concerns over potential supply risks and driving up international oil prices. NYMEXCrude oil futuresThe May contract for WTI crude oil rose by $2.12 to $71.48 per barrel, an increase of 3.06%; the May contract for ICE Brent crude oil increased by $1.11 to $74.74 per barrel, up by 1.51%. The main contract for INE crude oil in China for May fell by 4.3 to 537.4 yuan per barrel, but rose by 16.5 to 553.9 yuan per barrel in the night session.
2. Invista (China) Investment Co., Ltd. announced that the spot transaction price for hexamethylenediamine will be set at 21,300 RMB/ton starting from 7:00 AM on April 1, 2025, remaining stable compared to the March price.
Core logic: Cost pressure is relatively high, downstream demand is average, and market supply of goods is stable. 。
II. Price List
Unit: yuan/ton
Product |
Quotation Item |
3 28th of the month |
3 May 31st |
Rise and fall |
Remarks |
NYMEX Crude oil |
USD/barrel |
69.36 | 71.48 | +2.12 |
05 Contract |
ICE Brent crude |
USD/barrel |
73.63 | 74.74 | +1.11 |
05 Contract |
Butadiene |
Central Shandong Region |
11225 |
11275 |
+50 |
Cash on delivery |
Benzene |
East China Market |
6770-6830 |
6720-6800 |
-50/-30 |
Spot exchange self-withdrawal |
Adipic acid |
East China Market |
7400-7600 |
7400-7600 |
0/0 |
Pick-up after acceptance |
PA66 |
Enterprise Price |
16500-17000 |
16500-17000 |
0/0 |
Deliver to for acceptance |
EPR27 Yuyao |
16800-17000 |
16700-16900 |
-100/-100 |
Spot exchange self-pickup |
|
Hexamethylenediamine |
April guidance prices of Invista |
21300 Yuan/ton, the price was stable in March compared to the previous month. |
Source: Longzhong Information
Three, (Note: The original content provided was just the instruction for translation and not an actual Chinese text to translate. Therefore, only the instruction is translated here.) Market Outlook
Downstream demand is generally weak, with ample supply in the market. Under cost and demand pressures, there is an expectation of concentrated production cuts among polymerization enterprises. It is expected that the domestic PA66 market will consolidate in the short term.
IV. Data Calendar
data |
Release Date |
Last period data |
This period's trend is expected |
PA66 Start of work week |
Thursday 17:00 |
58% |
→ |
PA66 Weekly output |
Thursday 17:00 |
1.56 |
→ |
PA66 Weekly average profit |
Thursday at 17:00 |
-1551 |
→ |
【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