SunSirs: Market Situation of PA in Some regions of China on September 4th
September 05 2024 10:50:39 SunSirs (John)
On September 4th, the market trend of PA in North China stabilized
On September 4th, the price trend of PA in the North China market stabilized, with the mainstream price of OX based PA in the market ranging from 7,200-7,500 RMB/ton, and the market price of naphthalene based PA ranging from 7,100-7,300 RMB/ton. The price of naphthalene based PA was consolidating, downstream plasticizer market was declining, and the price of OX was decreasing. Downstream procurement was mainly based on demand, and the price trend of PA is stabilizing in the later stage.
On September 4th, the price trend of PA in the South China region stabilized
On September 4th, the price trend of PA in the South China region stabilized, and downstream factories maintained their demand for essential purchases. High end transactions were hindered, and negotiations for OX sources of PA were mainly between 7,200-7,500 RMB/ton, while negotiations for naphthalene sources were mainly between 7,100-7,300 RMB/ton. The price of naphthalene based PA stabilized. The downstream plasticizer market was declining, the price of OX was falling, the operation of merchant equipment was stable, downstream demand was average, and on-site sales were average. The price trend is stabilizing in the later stage.
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