SunSirs: The Market of PA in North China Was Consolidating on December 27th
December 30 2024 14:21:28 SunSirs (John)
Price trend
On December 27th, the price trend of PA in North China was consolidated, with the mainstream price of OX method PA in the market ranging from 6,400-6,500 RMB/ton, and the market price of naphthalene based PA ranging from 6,100-6,200 RMB/ton.
Analysis review
The price of industrial naphthalene was fluctuating and stabilizing, while the price of naphthalene based PA was consolidating. The downstream plasticizer market fluctuated and fell, while the price of OX stabilized. Plasticizer manufacturers were operating at a high level, the demand for PA was average, downstream procurement was mainly based on demand, the equipment of PA manufacturers was running stably, the supply of PA was stable, and the inventory of PA manufacturers was low, mainly to complete previous orders.
Market outlook
The price trend of PA tends to stabilize in the later stage
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