Polyamide 66 Morning Brief: Expected Short-Term Domestic Pa66 High-Level Increase

I. Focus Points

1. [Longzhong] March 10: Markets anticipate that the Iran-Israel conflict may conclude sooner than expected, and the G7 group may release strategic petroleum reserves, leading to a decline in international oil prices. NYMEX crude oil futures (April contract) fell by USD 11.32 per barrel to USD 83.45, a decrease of 11.94% week-on-week; ICE Brent crude oil futures (May contract) fell by USD 11.16 per barrel to USD 87.80, a decrease of 11.28% week-on-week. China’s INE crude oil futures (April 2026 contract) declined by CNY 14.2 to CNY 732.4 per barrel, and dropped by CNY 90.4 to CNY 642 per barrel during the night session.

Core Logic: Raw material prices have risen sharply, and cost-side pressure continues to intensify. 。

II. Price Form

Three 、 Market Outlook

With adipic acid prices declining, cost support may weaken; however, polyamide 66 producers face significant cost pressure, and suppliers’ reluctance to sell at low prices is intensifying.PA66 prices in the domestic market are expected to rise further in the short term.

Fourth, Data Calendar