【PA66 Morning Briefing】The market supply is abundant, and it is expected that the PA66 market will maintain a stable operation.

I. Focus Points

1.3/20: The US continues to strengthen sanctions against Iran, and the instability in the Middle East brings potential supply risks, leading to an increase in international oil prices. NYMEX crude oil futures 04 contract rose by $1.10 per barrel to $68.26, a sequential increase of +1.64%; ICE Brent crude oil futures 05 contract rose by $1.22 per barrel to $72.00, a sequential increase of +1.72%. China's INE crude oil futures main contract 2505 rose by 0.6 to 522 yuan per barrel, and in the night session, it rose by 12.1 to 534.1 yuan per barrel.

2. Invista (China) Investment Co., Ltd. announced that starting from 7:00 am on March 1, 2025, the spot trading price of hexamethylenediamine will be executed at 21,300 RMB/ton, an increase of 300 RMB/ton compared to the February price.

core logicCost pressure is relatively high, downstream demand is moderate, and market supply is stable.

II. Price List

Three,market outlook

Due to weak demand, aggregated enterprises maintain low load production, the market supply is abundant, and there is still some pressure on the cost side. It is expected that the domestic PA66 market will operate in a consolidation phase in the short term.

Four, Data Calendar