Over 70 Kinds of Raw Materials Fell Collectively! PA66 Plummeted Over 8000!

Since late March, affected by the outbreak of the domestic epidemic, many parts of the country have implemented the control and closure of expressways, resulting in the blocking of many trunk lines, and the impact of freight and production has been gradually transmitted. It is understood that many chemical plants across the country have temporarily reduced or stopped production, such as Bohai Chemical, Shenyang Chemical, and Lubei Chemical.

The supply chain is broken, coupled with logistics impassability, sluggish demand in various places, and the gradual digestion of the impact of the situation in Russia and Ukraine, which has led to a high decline in the price of chemical products since April. According to statistics, since the end of March, among the 108 kinds of chemicals monitored, 61 kinds of chemicals have collectively declined, accounting for 56.48%. And there are only 33 kinds of upward products, accounting for 30.55%.

According to the data of the bulk list, the domestic PA66 market has declined weakly since the Lunar New Year, and the spot prices of various brands have continued to drop. As of April 20, the average ex-factory price of PA66 medium-viscosity injection-molding sample companies in Sunshine was around 27,750 CNY/ton, a drop of -22.91% compared with the average price at the beginning of the year.