SunSirs: The Market Trend of PA in North China Was Weak and Fell on October 23rd
October 24 2024 10:53:09 SunSirs (John)
Price trend
On October 23rd, the price trend of PA in the North China market fell, with the mainstream price of OX method PA in the market ranging from 7,000-7,200 RMB/ton, and the market price of naphthalene based PA ranging from 6,900-7,100 RMB/ton.
Analysis review
The price of industrial naphthalene was stabilizing, while the price of naphthalene based PA was fluctuating and falling. The downstream plasticizer market was stabilizing, and the price of OX was stabilizing. Downstream on-demand procurement was the main focus, and equipment from PA manufacturers was operating at a high level. The supply of PA was sufficient
Market outlook
The price trend of PA is weak and declining in the later stage.
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