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[pa66 morning brief] domestic pa66 market expected to consolidate stably in the short term

Longzhong 2025-09-19 08:44:44


1. Points of Attention

[Longzhong] September 17: After the end of the traditional peak season for fuel consumption in the United States, demand weakened, and with OPEC+ continuing to increase production, international oil prices fell. NYMEX crude oil futures for the October contract fell by $0.47 per barrel to $64.05, a decrease of 0.73% compared to the previous period; ICE Brent crude oil futures for the November contract fell by $0.52 per barrel to $67.95, a decline of 0.76% compared to the previous period. China's INE crude oil futures for the 2511 contract rose by 6.3 to 499.8 yuan per barrel, and fell by 2.6 to 497.2 yuan per barrel in the night session.

Core Logic: Cost pressures remain, downstream demand is average, and market supply is stable.

2. Price List Form

Unit: yuan/ton

Product

Quotation item

9 17th of the month

9 18th of the month

Rise and fall

Note

NYMEX Crude oil

USD/barrel

64.05

63.57

-0.48

10 Contract

ICE Brent crude oil

USD/barrel

67.95

67.44

-0.51

11 Contract

Butadiene

Shandong Central Region

9450

9425

-25

Remittance sent

Benzene

East China Market

5950-6000

5910-5950

-40/-50

Cash pickup

Adipic acid

East China Market

6900-7100

6900-7050

0/-50

Acceptance for Pickup

Hexamethylenediamine

East China Market

16500-17000

16500-17000

0/0

Remittance sent

PA66

Enterprise Price

14000-15000

14000-15000

0/0

Acceptance delivered

EPR27 Yuyao

14900-15100

14900-15100

0/0

Cash pick-up

Source: Longzhong Information

Three Market Outlook

Raw material prices have fallen, weakening cost support. Coupled with limited downstream demand for restocking as needed, the overall industry sentiment is cautious. It is expected that the domestic PA66 market will remain in a stalemate in the short term.

4. Data Calendar

Data

Publication Date

Previous Period Data

The trend for this period is expected

PA66 Weekly Start

Thursday 17:00

60%

PA66 Weekly production

Thursday 17:00

1.65

 

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