Price trend
On September 12th, the PA market in Shandong Province showed a weak consolidation trend, with mainstream prices for OX method PA sources negotiated at 7,200-7,400 RMB/ton and naphthalene sources PA negotiated at 7,000-7,200 RMB/ton.
Analysis review
Downstream factories maintained essential procurement, high-end transactions were hindered, raw material prices of OX had fallen, downstream plasticizer market had declined, and on-site merchants' equipment operations were stable with average sales.
Market outlook
The PA market is expected to decline in the future.
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