Price trend

On March 19th, the price trend of PA in the North China market stabilized, with the mainstream price of OX method PA in the market ranging from 7,050-7,200 RMB/ton, and the market price of naphthalene based PA ranging from 6,900-7,000 RMB/ton.

Analysis review

The price of industrial naphthalene was stabilizing, the price of OX was temporarily stable, the cost of PA was stabilizing, the downstream plasticizer market was fluctuating and stabilizing, the operating load of plasticizer manufacturers was stable, downstream procurement enthusiasm still existed, and on-demand procurement was the main focus. The equipment operation of PA manufacturers was stable, and the inventory of PA manufacturers was sufficient.

Market outlook

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

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