1、 Price trend:

In the second week of March, the market of PA6 in China fell and the price of PA6 fell in a weak way, according to the data in the bulk list of business agencies. As of Friday, March 13, the main offer price of traders for Zhongzhu 2.75-2.85 was about 12000.00 yuan / ton, down 6.74% from the average price at the beginning of the month.

2、 Analysis of influencing factors:

Recent market news hit, crude oil and chemical negative news continued. As crude oil plummeted, the raw material market fell sharply, and pure benzene is now down a lot. Due to upstream drag, caprolactam enterprises in the upstream of PA6 are under heavy pressure. The operators showed insufficient confidence in the future market, and the merchants reduced their orders; the price of upstream caprolactam fell, but the support for PA6 was poor. At present, the price of PA6 in China not only takes on the decline trend of last month, but also presents a new negative challenge. The inventory consumption of slicing enterprises is not good, the downstream return rate is not high, the range of replenishment is difficult to expand, the demand is still weak naturally, and downstream factories follow the strategy of bargain hunting and appropriate replenishment. The business offers are weak, the space for detailed discussion is large, and the price center inevitably falls. The market atmosphere was cold and trading was slow.

3、 Future forecast:

Business analysts believe that: in the second week of March, the domestic PA6 market fell, and some spot prices fell significantly. The trend of upstream caprolactam is not good, and the support for PA6 cost end is weak. The resumption of downstream factories needs to be further improved and the demand remains low. In recent years, the domestic market atmosphere is cold, and the operators sell at a profit. It is expected that PA6 market will continue weak adjustment in the near future, and it is recommended to operate cautiously.