[PA66 Morning Update] Domestic PA66 Market Expected to Remain Weak in Short Term
1. Focus Points
【 [Longzhong] 8/12: The market continues to focus on the meeting between the leaders of the US and Russia, with hopes for further easing of geopolitical tensions, leading to a decline in international oil prices. NYMEX crude oil futures September contract closed at $63.17 per barrel, down $0.79, a decrease of 1.24% compared to the previous period; ICE Brent crude oil futures October contract closed at $66.12 per barrel, down $0.51, a decrease of 0.77%. China's INE crude oil futures October contract rose 2.5 yuan to 492.6 yuan per barrel, then dropped 1.8 yuan to 490.8 yuan per barrel in the night session.
Core Logic: Cost-side pressures remain, downstream demand is average, and market supply is stable. 。
2. Price List Form
Three 、 Market Outlook
Raw material prices fluctuate, maintaining pressure on costs. Downstream purchases are made on demand, and market supply is sufficient. With a lack of positive news to boost the market, the domestic PA66 market is expected to remain weak and stabilize in the short term.
4. Data Calendar
Data |
Release Date |
Previous data |
This period's trend is expected |
PA66 Weekly Commencement |
Thursday 5:00 PM |
60% |
→ |
PA66 Weekly Production |
Thursday 17:00 |
1.63 |
→ |
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
Breaking: 1 Dead, 1 Injured as Chemical Plant Explosion Occurs
-
Covestro faces force majeure!
-
Wanhua chemical's net profit falls by 25.10%! is diversified layout the right move to counter industry cycles?
-
Is the Plastic Recycling Business Profitable? Take a Look at Which Plastic Recycling Plants Have Closed
-
Honda Plans To Implement Three Shifts At United States Factory To Mitigate Tariff Impact