1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 fell in November, and the spot prices of various brands decreased. As of November 26, the mainstream offer price of 2.75-2.85 of China viscosity by the sample enterprises was about 15966.67 yuan / ton, up or down by – 8.94% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: in terms of upstream caprolactam, the price fell this month. During the month, some enterprises restarted caprolactam units, increased supply and increased inventories of enterprises and society. The price of raw material pure benzene is weak and the cost support is insufficient. Downstream enterprises just need to purchase. Near the end of the month, the spot price of caprolactam has fallen near the cost line, the price stabilization attitude of enterprises is obvious, and the decline began to tighten.

The price of upstream caprolactam fell recently, and the cost support of PA6 collapsed. The overall operating rate of domestic PA6 polymerization plants is more than 60%, and the current profitability of polymerization plants is general. In terms of demand, double limit and other environmental protection policies affect the load of end enterprises. In addition, the current inventory position of PA6 of downstream users is acceptable, the purchase intention is not high, and there is a lot of wait-and-see atmosphere in the venue.

3、 Future forecast:

Business analysts believe that caprolactam continued to decline in November, weakening the cost of PA6, and the spot price of PA6 continued to fall. The terminal demand is weak, the on-site transaction is poor, the buyer’s wait-and-see mood is increased, and the bearish mood in the future is increased. It is expected that the spot price of PA6 may still fall slightly in the short term.