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