Price trend
| Thiourea |
According to the data from the business club’s bulk list, the domestic PA66 market continued to maintain a positive trend in mid November, and various models of products increased significantly. As of November 20, the average offer price of PA66 medium viscosity injection molding class sample enterprises was about 29500 yuan / ton, which was 30.24% higher than the average price level at the beginning of the month.
On the upstream side of PA66, the data from the bulk list of business associations showed that the domestic adipic acid market rose slightly last week, by 2.46%, with a significant slowdown. And most of the dealers’ quotations maintain a stable trend, East China, South China and other regions gradually stop rising. According to the monitoring of business agency, the current quotation range of adipic acid is 8200-8500 yuan / ton. From the perspective of market supply, the operating rate of adipic acid manufacturers remained stable in November, about 80%. The market supply was relatively sufficient, and the inventory pressure of manufacturers was moderate. Dealers usually take the goods normally. At present, there are signs that the manufacturers’ inventory is gradually over to the dealers, and the dealers are also showing signs of high price accumulation. At present, with winter approaching, the downstream operating rate may decline, and the cost of pure benzene also shows signs of decline. It is expected that adipic acid will maintain a high level in the near future, and it is unlikely to continue to rush upward, and the possibility of falling back is not ruled out.
Currently, the upstream adipic acid price is still high and firm, and has strong support for the cost of PA66. Last week, the price rise of PA66 continued. At present, some manufacturers still have some parking and maintenance devices. Half of the devices in Huayang and Xingjia in Liaoyang, Jiangsu Province are shut down. The operating rate of PA66 in China is not high, and the market is still in short supply. Due to the long-term continuous shortage of goods, the social inventory is generally low, and the general suppliers give priority to the core old customers, so the actual situation of stock shortage is even worse. In addition, the price increase letters issued by BASF, DuPont and Randy are still in the boosting effect, and the transaction focus of PA66 market is continuously rising. The replenishment operation of downstream factories follows up passively and favors rigid demand.
Business agency analysts believe: PA66 in mid November domestic market trend is strong. The price of upstream products is strong, which is good for PA66, while the pressure of production cost is also gradually increasing. The downstream customers are against the high price goods, so the purchasing department should follow up on demand. Last week, the increase of PA66 gradually narrowed. At present, terminal demand shows signs of recovery. It is expected that the market of PA66 will continue to be stronger in the short term. It is suggested that we should pay close attention to the influence of environmental protection policies on plasticizing production in the near future.