SunSirs: The Market Trend of PA in North China Weakly Stabilized on November 20th
November 21 2024 15:32:28 SunSirs (John)
Price trend
On November 20th, the price trend of PA in the North China market was weak and stabilized. The mainstream price of OX method PA in the market was 6,700-6,800 RMB/ton, and the market price of naphthalene based PA was 6,500-6,600 RMB/ton.
Analysis review
The price of industrial naphthalene was stabilizing, while the price of naphthalene based PA was temporarily stable. The downstream plasticizer market was fluctuating and falling, and the price of OX was temporarily stable. Downstream procurement was mainly based on demand. The equipment operation of PA manufacturers was stable, and the supply of PA was sufficient.
Market outlook
The price trend of PA is weak and stabilizing in the later stage.
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