Last week, the PA market fluctuated and fell 

According to the Commodity Market Analysis System of SunSirs, as of April 14th, the price of OX method PA was 7,216.67 RMB/ton, a fluctuating decrease of 2.91% compared to the price of 7,433.33 RMB/ton on April 7th. The equipment load of PA manufacturers was slowly recovering, and the supply of PA was increasing; The price of naphthalene based PA has risen. Supported by the cost of PA, the support for the price increase of PA increased, and the price of PA stopped falling and rose.

Supply side:work resumed and supply increased

The early maintenance equipment has been gradually restored, and the capacity utilization rate of the domestic PA industry has increased. The capacity utilization rate of the naphthalene based PA industry has remained stable; The utilization rate of production capacity in the domestic PA industry was slowly recovering. The overall supply of PA has increased.

Demand side: DOP market stopped falling and rose

According to the Commodity Market Analysis System of SunSirs, as of April 21st, the DOP price was 8,159.16 RMB/ton, which fluctuated and stabilized compared to the DOP price of 8,159.16 RMB/ton on April 14th; Compared to the DOP price of 8142.50 RMB/ton on April 17th, the price  fluctuated and rose by 0.20%. The production of plasticizer DOP enterprises  stabilized at a low level, and the output of plasticizer DOP remained stable. Last week, there had been an increase in inquiries for PA orders, and the demand for PA had remained stable. As a result, the downward pressure on PA prices had weakened.

Market trend

According to the PA products data analyst of SunSirs, in terms of supply, PA manufacturers were slowly resuming production, and the supply of PA was increasing; In terms of demand, the operating load of DOP manufacturers was temporarily stable at a low level, while the demand for PA wwas stabilizing. In the future, with weak supply and demand, it is expected that the price of PA will fluctuate and stabilize.

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