According to the bulk data of SunSirs, the domestic PA6 market was in a stalemate in early June, and spot prices varied. As of June 11, the mainstream offer price of sample enterprises to CNMC 2.75-2.85 was about 14,733.33 RMB/ ton, a decrease of 1.14% compared with the average price at the beginning of May, and a rise of 20.11% compared with the same period last year.

In terms of upstream caprolactam, the domestic spot market in early June continued the May high downward trend, and it is expected that caprolactam will continue the game market in the short term.

Raw material caprolactam finishing operation, PA6 spot market in early June was also stable. At present, the cost side pressure of PA6 is still high, and the profit improvement of polymer plant is limited. At the same time, it is also in the traditional off-season of the rubber and plastic industry, and the downstream factories tend to take the goods just in need, so the follow-up is slow. Trading is light, the actual trading is mostly small single. Recently, the inventory position of production enterprises and businesses has generally increased. The atmosphere in the venue was not good, and there was a strong wait-and-see attitude.

SunSirs analysts believe that, PA6 upstream caprolactam market narrow adjustment in early June, PA6 cost side support temporarily stable. Downstream factories mainly need to pick up goods, end-user consumption is at the off-season level, and there is a lack of on-site trading. It is expected that China PA6 spot price will be deadlocked in the near future.

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