Price trend
On March 26th, the price trend of PA in the North China market stabilized, with the mainstream price of OX method PA in the market ranging from 7,400-7,600 RMB/ton, and the market price of naphthalene based PA ranging from 7,200-7,400 RMB/ton.
Analysis review
The price of industrial naphthalene has risen, the price of OX has temporarily stabilized, the cost of PA has increased, and the downstream plasticizer market has stabilized. Plasticizer manufacturers had stable operating loads, downstream procurement enthusiasm still existed, and their procurement was based on demand. Multiple PA manufacturers were undergoing maintenance. The equipment operating load of PA manufacturers has decreased, and the inventory of PA manufacturers has decreased.
Market outlook
The price trend of PA will stabilize strongly in the later stage.
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