[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

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