According to the data of SunSirs, China domestic PA66 market was stronger in mid October, and all models of products had a certain increase. As of October 20, the average offer price of PA66 medium viscosity injection molding class sample enterprises was about 21,300 RMB/ ton, an increase of 3.15% compared with the average price level at the beginning of the month.

The upstream adipic acid generally supports the cost of PA66. At present, the market of PA66 is more positive, and the domestic spot market has a big rise. Recently, the domestic PA66 operating rate has been maintained at about 50%, and it mainly supplies the core downstream old customers, resulting in the continuous shortage of goods in the market. The replenishment operation of downstream factories tends to maintain rigid demand, but it is still in the traditional peak season, and the demand for PA66 is significantly increased. Among them, the domestic automobile production and sales are still hot after the festival, and the consumption of PA66 tends to expand. In the traditional peak season, the supply of goods is tight, and the increase is further expanded. In addition, BASF, a big international manufacturer, has issued a letter of price increase for PA66, which is already in a prosperous situation. Recently, the focus of business offers continues to rise, and China PA66 is expected to continue the strong trend.

SunSirs analysts believe that: in mid October, China domestic PA66 market continued a positive trend. The spot price of adipic acid in the upstream is stable and small, which supports the cost of PA66 in general. Downstream factory inquiry and procurement to maintain just demand operation, traditional peak season consumption has been expanded. At present, the continuous tight supply and increased demand are the key factors for the recent sharp rise of PA66. It is expected that China PA66 market will continue to be stronger in the short term.

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