SunSirs: The Market Trend of PA in North China Stabilizes on February 5th

Price trend

On February 5th, the price trend of PA in the North China market stabilized, with the mainstream price of OX method PA in the market ranging from 7,000 to 7,400 RMB/ton, and the market price of naphthalene based PA ranging from 7,000 to 7,100 RMB/ton.

Analysis review

The price of industrial naphthalene fluctuates and stabilizes, while the price of naphthalene PA fluctuates and stabilizes. The downstream plasticizer market fluctuates and stabilizes, and the price of OX remains temporarily stable. Plasticizer manufacturers are operating at a high level, while downstream purchases of PA are actively decreasing, with downstream purchases mainly based on demand. After the Spring Festival holiday, the demand for PA has rebounded, and the operating load of equipment from some manufacturers of naphthalene based PA has temporarily stabilized. The supply of PA is tight, and the inventory of PA manufacturers is low, mainly to complete previous orders.

Market outlook

The price trend of PA tends to stabilize in the later stage.

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