[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 |
→ |
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