1、 Price trend:

According to the bulk list data of business society, the domestic market of PA6 rose in early February, and the spot prices of various brands rose as a whole. As of February 11, the mainstream offer price of the sample enterprises for China viscosity 2.75-2.85 was about 16366.67 yuan / ton, up or down by + 1.87% compared with the average price at the beginning of the month.

2、 Analysis of influencing factors:

Industrial chain: the price of raw material caprolactam rose this week. At present, the high level of raw material pure benzene is strong and the cost support is good. During the week, the market transaction atmosphere was good, the manufacturer’s supply was stable, the downstream procurement began to follow up, and the overall market situation was strong. The price of caprolactam is expected to rise steadily in the short term.

The price of caprolactam in the upstream increased by a narrow margin, and the cost side support of PA6 strengthened slightly. The operating rate of PA6 polymerization plant in China is relatively stable. Before the festival, there were good supply side benefits brought by the maintenance of some enterprises, but at present, most of them are the production and delivery of contract orders, and the good supply side in the early stage is not significantly reflected. After the festival, downstream enterprises have successively entered the restart stage, and the demand in some areas has increased. The inventory position of terminal enterprise PA6 is not high, but the purchase operation is mainly based on rigid demand.

3、 Future forecast:

Business analysts believe that the spot price of PA6 rose after the festival, the trend of caprolactam increased by a narrow margin, and the cost support of PA6 is acceptable. After the festival, the terminal demand is gradually expanded, but the buyer camp has resistance to the high price supply, and it is expected that the PA6 market may weaken in the short term.