【PA66 Morning Update】Polymerization companies are gradually reducing production, and the PA66 market is expected to operate in a consolidated manner.
One, Focus Areas
1. On April 1, the market's focus shifted from oil-producing countries' sanctions to the United States' tariff policies, raising concerns that demand prospects could be dragged down, leading to a decline in international oil prices. NYMEXCrude oil futuresThe 05 contract fell by $0.28/barrel to $71.20, a decrease of 0.39% month-on-month; the ICE Brent crude oil futures for the 06 contract fell by $0.28/barrel to $74.49, a decrease of 0.37%. The main contract for China's INE crude oil futures, 2505, rose by 11.6 to 549 yuan/barrel, and increased by 4.3 to 553.3 yuan/barrel in the night session.
2. INVISTA (China) Investment Co., Ltd. announced that from 7:00 on April 1, 2025, the spot transaction price of hexamethylenediamine will be implemented at 21,300 RMB per ton, remaining stable compared to the March price.
Core logic: Cost pressure is relatively high, downstream demand is average, and market supply of goods is stable. 。
Price List
Unit: Yuan/ton
Product |
Quotation item |
3 May 31st |
4 Month 1 |
Rise and Fall |
Note |
NYMEX Crude oil |
USD/barrel |
71.48 | 71.20 | -0.28 |
05 Contract |
ICE Brent crude oil |
USD/barrel |
74.74 | 74.49 | -0.28 |
05 Contract |
Butadiene |
Central Shandong Region |
11275 |
11250 |
-25 |
Current foreign exchange delivery |
Benzene |
East China Market |
6720-6800 |
6850-6960 |
+130/+160 |
Cash on Delivery |
Adipic acid |
East China Market |
7400-7600 |
7400-7600 |
0/0 |
Acceptance and Self-pickup |
PA66 |
Enterprise price |
16500-17000 |
16500-17000 |
0/0 |
Acceptance delivery |
EPR27 Yuyao |
16700-16900 |
16700-16900 |
0/0 |
Spot pickup |
|
Hexamethylenediamine |
Invista April Guidance Price |
21300 yuan/ton, stable month-on-month compared to March prices |
Three, Market Outlook
The demand side is relatively weak, and the pressure on the cost side is relatively large, with a relatively abundant supply of goods in the market.Polymer companies have gradually reduced production.The domestic PA66 market is expected to consolidate in the short term.
Four, Data Calendar
Data |
Release Date |
Last Issue Data |
The current trend is expected |
PA66 Weekly Meeting |
Thursday 17:00 |
58% |
→ |
PA66 Weekly production |
Thursday 17:00 |
1.56 |
→ |
PA66 Average Weekly Profit |
Thursday 17:00 |
-1551 |
→ |
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