SunSirs: On April 23rd, the Market Trend of PA in Shandong Region Stabilized
April 24 2025 16:10:54 SunSirs (John)
Price trend
On April 23rd, the market trend of PA in Shandong region stabilized, with the main source of PA for OX method PA being negotiated at 7,000-7,200 RMB/ton, and the main source of PA for naphthalene based method PA being negotiated at 6,900-7,000 RMB/ton.
Analysis review
The prices of raw materials such as OX were fluctuating and stabilizing, industrial naphthalene prices were fluctuating and consolidating, PA costs were stabilizing, downstream plasticizer market was declining, equipment maintenance and operation of PA manufacturers were slowly increasing, overall PA market supply was increasing, plasticizer enterprise load was stable, and enthusiasm for PA procurement still existed.
Market outlook
The PA market is expected to fluctuate and stabilize in the future.
- 2025-04-22 SunSirs: Supply Resumed, Demand Stopped Falling, and PA Market Stopped Falling and Rose Last Week
- 2025-04-17 SunSirs: On April 16th, the PA Market in Jiangsu Province Showed a Weak Trend and Fell
- 2025-04-16 SunSirs: Due to Cost Reduction and Weak Demand, the PA Market Fluctuated and Fell Last Week
- 2025-04-11 SunSirs: On April 10th, the Market of PA in East China Weakly Fell
- 2025-04-10 SunSirs: Weak Demand, PA Market Fluctuated and Fell in April
