Price trend
On December 24th, the price trend of PA in the North China market was consolidated, with the mainstream price of OX method PA in the market ranging from 6,400-6,500 RMB/ton, and the market price of naphthalene based PA ranging from 6,100-6,200 RMB/ton.
Analysis review
The price of industrial naphthalene was fluctuating and stabilizing, while the price of naphthalene based PA was weakly consolidating. The downstream plasticizer market was fluctuating and falling, while the price of OX was stabilizing. Plasticizer manufacturers were operating at high levels, and demand for PA was active. Downstream demand for PA was mainly based on demand. The equipment operation of PA manufacturers was stable, and the supply of PA was stable. The inventory of PA manufacturers was low, mainly to complete previous orders.
Market outlook
The price trend of PA tends to stabilize in the later stage.
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