The latest price of PA66 (2-8): 2100 RMB/ton will be bearish in the future
Key points of analysis: On February 8, the price of PA66 fell by 2.33% compared with the previous trading day. The market of raw material adipic acid was stable, the price center of adipic acid was loose, and the market price was reduced in a narrow range, which weakened the cost support of PA66. Recently, the domestic PA66 industry has stable load and stable supply. Downstream demand just needs to maintain production, and the follow-up situation lags behind, and it is more resistant to high-priced supply.
Future forecast: the cost side is weakening in a narrow range, and the demand support is insufficient. It is expected that the price of PA66 will continue to fall.
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