According to the data of SunSirs, the domestic PA66 market fluctuated in early June, and the spot prices of various brands fluctuated. As of June 10, the average offer price of PA66 medium viscosity injection molding sample enterprises was about 39,500 RMB/ ton, a decrease of 0.25% compared with the average price at the beginning of the month, and a rise of 110.11% compared with the same period last year.
The upstream adipic acid market is in a horizontal stalemate. It is expected that the adipic acid price is easy to fall but difficult to rise, and the stalemate trend may continue in the short term.
Adipic acid raw materials run sideways, PA66 cost side support still exist, recently, the market of PA66 continued the weak pattern of supply and demand, and fluctuated in a narrow range. At present, it is in the off-season of the rubber and plastic industry, the end-user consumption is shrinking, the wait-and-see atmosphere is strong, and the market atmosphere is not active.
SunSirs analysts believe, in early June, the dual pressure pattern of high cost and shipping resistance in domestic PA66 market did not improve, and the profit situation of polymerization enterprises and end users was poor. China PA66 market is expected to continue weak trend in the short term
