PA6: After the festival, five consecutive red paper tigers are still really big bugs?

Folks, PA6 is standing .

grade	Origin/Manufacturer	September 30	October 15	ups and downs
1013B	Shijiazhuang Zhuangyuan	11200	12000	800
B3EG6	BASF Germany	19000	21000	2000
B3S	BASF Germany	22200	23000	800
YH800	Baling Chemical Fiber	11000	11800	800

Brand origin/manufacturer on September 30th October 15th 1013B Shijiazhuangyuan 1120012000800B3EG6 Germany BASF 19000210002000B3S Germany BASF 2220023000800YH800 Baling chemical fiber 110001180080010151013B11200120008001013B1120012000800B3EG619000210002000B3EG619000210002000B3S2220023000800B3S2220023000800YH8001100011800800YH8001100011800800

Table 1: The rise and fall of some brands in the PA6 market in China Plastics City after the festival

This hard-won rebound has benefited from the efforts of the entire industry chain upstream and downstream of PA From the data in Table 2, it can be seen that the price of the PA6 upstream market has generally risen after the holiday, which has brought a long-awaited benefit to the mark.

product	September 29	October 15	ups and downs	Remark
crude	WTI	422	496	74	USD/Barrel
BRENT	495	416	21	USD/Barrel
pure benzene	FOB Korea	406	419	9	USD/ton
East China Market	3320-3340	3400-3480	80/140	Yuan / ton
phenol	East China Market	5450-5450	5750-5800	300/350	Yuan / ton
Cyclohexanone	Shandong ex-factory price	5500-5750	5750-5800	250/50	Yuan / ton
East China Market	6000-6100	6150-6250	150/150	Yuan / ton
caprolactam	East China liquid spot	9000-9100	9400-9500	400/400	Yuan / ton
East China Solid Spot	9200-9400	9600-9600	400/200	Yuan / ton

Products on September 29th and October 15th Remarks Crude oil WTI42249674/barrel BRENT49541621/barrel pure benzene FOB Korea $4064199/ton East China market 3320-33403400-348080/140 yuan/ton phenol East China market 5450-54505750-5800300/350 yuan/ton of cyclohexanone Shandong ex-factory price 5500-57505750-5800250/50 yuan/ton 400 yuan / ton East China solid spot 9200-94009600-9600400 / 200 yuan / ton product September 29, October 15, price change Note product September 29, October 15, change Note crude oil WTI42249674 US dollars / barrel Crude oil WTI42249674/barrel BRENT49541621/barrel Yuan/ton East China Market 3320-33403400-348080/140 Yuan/ton phenol East China Market 5450-54505750-5800300/350 Yuan/ton phenol -5800250/50 yuan/ton cyclohexanone ex-factory price in Shandong 5500-57505750-5800250/50 yuan/ton east China market 6000-61006150-6250150/150 yuan/ton east China market 6000-61006150-6250150/150 yuan/ton caprolactam east China liquid Spot 9000-91009400-9500400/400 yuan/ton of caprolactam East China liquid spot 9000-91009400-9500400/400 yuan/ton East China solid spot 9200-94009600-9600400/200 yuan/ton East China solid spot 9200-94009600-9600400/200 yuan Ton

Table 2: Post-holiday price rise and fall of PA6 upstream products

International crude oil: Although chaotic geopolitics hinders the rise of oil prices, Saudi Arabia and Russia have reached a preliminary commitment to continue to implement the production cut agreement through telephone talks recently, which is believed to calm the market sentiment for a period of time in the futu.

Pure benzene: The phenomenon of replenishment after the double festival has helped the price rise, and the new units (Fuhai Weilian, Zhongke Refining and Chemical, Sinochem Quanzhou, Daqing Petrochemical) have been put into operation one after another, and the supply is generally abundant, and the price may be dominated by weak fluctuatio.

Phenol: Manufacturers’ high prices pushed prices up, but due to the weakening of downstream buyers’ enthusiasm, the phenomenon of profitable shipments has increased, and it is difficult to reach a deal with high-level offe.

Cyclohexanone: Cyclohexanone is a loyal "follower" of pure benze.

Caprolactam: The news of caprolactam is go.

PA6 manufacturers: Due to low inventory levels, and even some polymer products are still oversold, coupled with the improvement in sales, most PA6 manufacturers reported high reports (see Table 3 for dat.

factory	grade	September 30	October 15	ups and downs
Yueyang Baling Petrochemical	Y H800	10800	11500	700
YH402SD	10800	11500	700
YH3400	11000	11700	700
YH400	11300	12000	700
Luxi Petrochemical	LX275	9950	10350	400
LX245	9950	10300	350
Excellent Fiber Technology	GR27	20200	20500	300
Tianjin Haijing	Conventional spun bright slices	10500	10700	200
Wuxi Changan Polymer	Conventional spun bright slices	10300	10600	300
Conventional spinning semi-gloss slices	10300	10600	300
Shandong Fangming	Conventional spun bright slices	10500	10800	300
Zhejiang Fangyuan	high speed spinning	10600	10800	200

9301015Y H800 1080011500700YH402SD1080011500700YH34001100011700700YH4001130012000700LX275995010350400LX245995010300350GR27202002050030010500107002001030010600300Slices 1030010600300 Shandong Fangming Conventional Spinning Bright Slices 1050010800300 Zhejiang Fangyuan High-speed Spinning 1060010800200 Manufacturer's grade on September 30th October 15th Manufacturer's grade on September 30th October 15th Yueyang Baling Petrochemical Y H800 1080011500700 Yueyang Baling Petrochemical Y H800 H8001080011500700YH402SD1080011500700YH402SD1080011500700YH34001100011700700YH34001100011700700YH4001130012000700YH4001130012000700LX275995010350400LX275995010350400LX245995010300350LX245995010300350GR272020020500300GR272020020500300105001070020010500107002001030010600300Spun bright slices 1030010600300 conventional spinning semi-gloss slices 1030010600300 conventional spinning semi-gloss slices 1030010600300 Shandong Fangming conventional spinning bright slices 1050010800300 Shandong Fangming conventional spinning bright slices 1050010800300 Zhejiang Fangyuan high-speed spinning 1060010800200 Zhejiang 200010808

Table 3: Changes in ex-factory prices after the festival for some PA6 manufacturers

Downstream: Whether it is a staple fiber enterprise in the downstream of conventional spinning or a yarn wrapping enterprise in the downstream of high-speed spinning, the enthusiasm for receiving goods has rebounded, but the strength may not be able to sustain the long-term mark.

Conclusion: The recovery of the PA6 market after the double festival is gratifying, but there are various signs that we cannot be too hap.