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PA66: The rise is justified when the day is full

 Last Update: 2022-08-16
 Source: Internet
 Author: User

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PA66, which cannot be carried by both Ascend and Basf's two price increase letters, officially entered the recovery stage in Septemb.

grade	Origin/Manufacturer	August 31	September 15	ups and downs
103HSL	DowDuPont	38000	39000	1000
70G33HS1-L	DowDuPont	30000	31000	1000
1300S	Asahi Kasei	28500	29500	1000
EPR27	Pingdingshan horse	19800	21000	1200
EP158	Zhejiang Huafeng	20000	22000	2000

/831915103HSL3800039000100070G33HS1-L300003100010001300S28500295001000EPR2719800210001200EP15820000220002000/831915/831915103HSL38000390001000103HSL3800039000100070G33HS1-L3000031000100070G33HS1-L300003100010001300S285002950010001300S28500295001000EPR2719800210001200EPR2719800210001200EP158Huafeng 20000220002000EP158 Zhejiang Huafeng 20000220002000

Table 1: Price changes of some grades in the PA66 market in China Plastics City from August 31 to September 15

Upstream: Powerless but not a drag

industry	product	September 11	September 15	Remark
crude	Nymex WTI (October issue)	476	328	USD/Barrel
IPE Brent (November issue)	458	453	USD/Barrel
monomer	Adipic acid	East China Market	5950-6200	5850-6050	Yuan / ton

Industry Products September 11 September 15 Remarks Crude Oil Nymex WTI (October Term) $476328/barrel IPE Brent (November Term) $458453/Barrel Monomer Adipic Acid East China Market 5950-62005850 -6050 yuan / ton industry product September 11 September 15 Remarks for industry products September 11 September 15 Remarks Crude oil Nymex WTI (October period) $476328 / barrel Crude Nymex WTI (October period) 47638.

As shown in Table 2, from September to now, the upstream products of PA66 have not performed prominently, international crude oil has gone down in a roundabout way, and adipic acid has been running stalemate.

Supply and demand: when the sky is full, expect people and people

Compared with the moderate upstream, the supply and demand side of the PA66 market, with the help of the weather, provided key energy for the market rebou.

Day of Supply: Storm in Mexico

At the end of August, Hurricane Marco and Tropical Storm Laura swept across the Caribbean Sea and the Gulf of Mexico, forcing local refineries, chemical plants and other energy companies to suspend production or reduce loads in response to possible ris.

Days of Demand: Golden Nine Peak Season / Widespread Cooling

September seems to be different this ye.

Summary: To sum up, the current PA66 market is in a strong period of short supply, and there is no obvious negative situati.

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