Price trend

On July 11th, the price trend of PA in the South China region stabilized, and downstream factories maintained purchases on demand. High end transactions were hindered, and negotiations for OX sources of goods were mainly between 7,900-8,100 RMB/ton, while negotiations for naphthalene sources were mainly between 7,450-7,600 RMB/ton.

Analysis review

The price of naphthalene PA had rebounded and risen, while the downstream plasticizer market had fluctuated and fallen. The price of OX had stabilized, and the operation of commercial facilities was stable. Downstream demand was normal, and the sales situation in the market was average.

Market outlook

The price trend of PA tends to stabilize in the later stage.

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