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SunSirs: On September 6, the Domestic PA Market Price Trend Rose
September 07 2022 08:44:46SunSirs(John)

Price trend

According to the monitoring of SunSirs, the domestic market price of PA produced by the OX method has risen. As of the 6th, the quotation of PA by the OX method was 8,925 RMB/ton. The spot supply in the market was normal, and the sales situation was general.

Analysis review

The domestic market price of PA rose. The PA market was generally sold, and the downstream demand had not changed much recently. The price trend of upstream OX rose, and the price of plasticizer declined slightly. The spot supply of PA in the market was normal, and the market price of PA rose.

Some domestic PA units were shut down for maintenance, the operating rate of PA in the field was less than 60%, the domestic PA spot supply was reduced, the market price trend was mainly rising, and the downstream plasticizer industry was slightly lower, and the actual transaction was normal.

The market price of PA in East China rose, and the high-end transactions in the market were limited. The mainstream of OX method supply negotiation in East China was 9,000-9,200 RMB/ton, and the mainstream of naphthalene method supply negotiation was 8,800-8,900 RMB/ton. The mainstream quotation in the PA market in North China was 8,900-9,000 RMB/ton. The wait-and-see attitude in the PA market still existed, and the downstream purchases were mainly on demand.

Market outlook

The recent OX market trend is rising, and it is expected that the market price of PA will rise in the later period.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com

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