【PA66 Morning Update】With significant cost pressures, the PA66 market is expected to remain weak and range-bound in the short term.

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【PA66 Morning Update】With significant cost pressures, the PA66 market is expected to remain weak and range-bound in the short term.

Longzhong 2025-03-26 08:31:02

I. Focus Areas

Ukrainian and Russian peace talks continue to progress, but the Middle East situation remains uncertain, leading to fluctuating international oil prices. NYMEX crude oil futures for May contracted at $69.00, down by $0.11 per barrel, a decrease of -0.16%; ICE Brent crude oil futures for May contracted at $73.02, up by $0.02 per barrel, an increase of +0.03%. China's INE crude oil futures main contract for May rose by 4.0 to 537.3 yuan per barrel, and during the night session, it increased by 1.3 to 538.6 yuan per barrel.

Invista (China) Investment Co., Ltd. announced that starting from 7:00 AM on April 1, 2025, the spot trading price of hexamethylenediamine will be set at 21,300 RMB/ton, remaining stable compared to March prices.

Core logic:Cost pressures are relatively high, downstream demand is average, and the supply of market goods is stable.

II. Price List

Three,Market Outlook

Downstream demand is weak, with purchases made as needed. There is ample supply of domestic PA66 in the market, but with fluctuating raw material costs, the pressure on costs is significant. It is expected that the domestic PA66 market will remain weak and range-bound in the short term.

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【PA66 Morning Update】With significant cost pressures, the PA66 market is expected to remain weak and range-bound in the short term.

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