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【PA66 Morning Briefing】The market supply is stable, and it is expected that the domestic PA66 market will consolidate in the short term.
Longzhong 2025-03-20 08:47:39

I. Focus Points

1.3/19: The US EIA inventory data was mixed, and coupled with the Fed's announcement in March that it would not cut interest rates for the time being, international oil prices eventually saw a slight increase. NYMEX crude oil futures 04 contract at $67.16 rose by $0.26 per barrel, up +0.39% month-over-month; ICE Brent crude oil futures 05 contract at $70.78 increased by $0.22 per barrel, up +0.31% month-over-month. China's INE crude oil futures main contract 2505 fell by 2.0 to 521.4 yuan per barrel, and during the night session, it decreased by 0.3 to 521.1 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 logic: input format:Cost pressures are relatively high, downstream demand is moderate, and market supply is stable.

II. Price List

Three,market outlook

Raw material prices fluctuate, with continued pressure on the cost side. Downstream purchases are mostly based on demand. Market supply remains stable. It is expected that the domestic PA66 market will consolidate in the short term.

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