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Home > PA News > News Detail
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SunSirs: Maintenance Increased, and PA Market Skyrocketed
March 26 2025 11:19:08SunSirs(John)

PA market skyrocketed

According to the Commodity Market Analysis System of SunSirs, as of March 25th, the price of OX method PA was 7,600 RMB/ton, a significant increase of 6.85% compared to the price of 7,112.50 RMB/ton on March 14th. Multiple PA manufacturers have conducted equipment maintenance, resulting in a decrease in the operating load of PA equipment and a low inventory of PA; The operating load of plasticizer enterprises has increased, and downstream demand for PA has rebounded. Industrial naphthalene prices have fluctuated and risen, with early maintenance of OX units and reduced supply of OX. The support for the rise in OX prices has increased, while the price of OX remained strong and temporarily stable. The support for raw material costs was strong, and the support for the rise in PA prices has increased.

Supply side: maintenance increased, supply decreased

Multiple PA manufacturers have shut down for maintenance, while major PA manufacturers such as Hongxin have started operating at low loads. The overall equipment operating rate of PA manufacturers was about 50%. The supply of PA has decreased, and the support for its rise has increased.

This week, the cost of raw materials OX was temporarily stable

According to the Commodity Market Analysis System of SunSirs, as of March 25th, the price of OX was 7,300 RMB/ton, which was temporarily stable compared to the price of OX on March 1st at 7,300 RMB/ton. The early maintenance of OX manufacturers has reduced the supply of OX, increased the price of OX, and stabilized the cost of OX method PA; Industrial naphthalene prices have fluctuated and risen, while the cost of naphthalene based PA has stabilized strongly, with significant cost support for PA.

Demand side: DOP market trend first rose and then fell

According to the Commodity Market Analysis System of SunSirs, as of March 25th, the DOP price was 8,126.25 RMB/ton, which first increased and then decreased by 0.15% compared to the DOP price of 8,113.75 RMB/ton on March 14th. The production of plasticizer DOP enterprises has increased, the production of plasticizers has recovered, the demand for PA still existed, the inventory of PA has decreased at a low level, the supply was insufficient, the demand was stable, and the upward momentum of PA has increased.

Market outlook

According to the PA products data analyst of SunSirs, in terms of costs, the expected start of production for PA has decreased, the supply of PA has decreased, the support for the rise in OX prices has increased, the price of industrial naphthalene has fluctuated and risen, the cost of PA has increased, and the support for the rise in PA costs has increased; In terms of supply, equipment from PA manufacturers was operating at low loads, resulting in a decrease in PA supply; In terms of demand, the operating load of DOP manufacturers has increased, and the support of rising demand for PA still existed. In the future, cost support will reduce supply and stabilize demand, and it is expected that the price of PA will rise significantly in the future.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.

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