Price trend
On September 10th, the market price of PA in Jiangsu Province was weakly lowered, and downstream factories maintained their essential procurement. The mainstream negotiation for OX methd PA was 7,200-7,300 RMB/ton, and the mainstream negotiation for naphthalene source PA was 7,000-7,200 RMB/ton.
Analysis review
Recently, the spot supply of PA in the domestic market had been normal, and the price of raw materials such as OX had fallen. The downstream plasticizer market had also declined, and downstream on-demand procurement was the main trend.
Market outlook
The market price of PA will fall in the later stage.
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