the weakness of the domestic PA6 market continued

In December, the weakness of the domestic PA6 market continued, and the spot price fell by a narrow margin. According to the data monitoring of SunSirs, the average ex factory price of domestic PA6 was 13,433.33 RMB/ton on December 16, up or down by -3.59% compared with the price level at the beginning of the month.

In terms of raw materials: from the figure below, it can be seen that caprolactam in China has fallen sideways in the recent past. In the early stage, the market for raw material pure benzene has weakened due to the fluctuation of crude oil price, and the cost side is not supported enough. Domestic caprolactam stock is abundant, and the demand side lags behind. The price stabilized after falling, and caprolactam price trend is expected to continue the weak finishing market in the short term.