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SunSirs: The PA Market in South China Showed a Weakly Consolidated Trend on August 30th
September 02 2024 14:07:24SunSirs(John)

Price trend                               

On August 30th, the price trend of PA in the South China region was weakly consolidated, with downstream factories maintaining essential procurement and high-end transactions being blocked. The mainstream price range for on-site OX sources of goods was 7,400-7,700 RMB/ton, and the mainstream price range for naphthalene sources of goods was 7,200-7,300 RMB/ton.

Analysis review                      

The price of naphthalene sources PA was stabilizing, the downstream plasticizer market was stabilizing, the price of OX was falling, the operation of merchant facilities was stable, downstream demand was average, and on-site sales were average.

Market outlook

The price trend of PA will consolidate weakly in the later stage.

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