PA66 Plummeted 6580! EVA/EPS/PVC Continue to Fall!

Driven by the high prices of factories, the plastic categories such as PC ABS PVC that have fallen for four months have begun to rebound slightly recently! Give many hoarding bosses a little breathing and room to operate!

However, looking at the nylon market, both PA6 and PA66 continue to fall! Especially PA6, when others fall, I want to rise, and when others rise, I want to fall!

Since mid-June, the market price of PA6 in East China has been declining from the original market price of 16,030 CNY/ton. As of August 2, the market price has dropped to 14,360 CNY/ton, and has plummeted by 1,670 CNY/ton within the month!

Not to mention PA66, due to the long-term contradiction between supply and demand, PA66 has been falling again and again. Since June, the market has dropped by 6,580 CNY/ton in just one month. At present, the average market price in East China is 22,000 CNY/ton!

It can only be said that who would have thought that at this time last year, PA66 cost more than 40,000 per ton. Sure enough, there is only one word difference between high-rise buildings and dangerous buildings. The market that is caught in the contradiction between supply and demand will always be "extreme left" or "extreme right" crazy!

The price of upstream caprolactam has also been declining. The price of Shandong high-quality products has dropped from 15,200 CNY/ton at the beginning to the current 12,500 CNY/ton, and has fallen by 2,700 CNY/ton within a month! Weak cost-side support and weak market demand.

Since caprolactam has fallen into losses in February, and large-scale shutdowns have occurred in May to reduce production, it is still difficult to change the situation of loose supply. Based on the production cost of 5,500, the loss of caprolactam has expanded from 1,000 CNY/ton to 2,100 CNY/ton. The factory cost is around 5000, but also 1500).

Although caprolactam has an overhaul plan in August, or the supply of caprolactam may be tight, the polymerization is cautious about the purchase of high-priced caprolactam, and the signs of weakness in pure benzene have reduced the support for caprolactam.

In general, the price of caprolactam has hit the bottom. It is expected to be mainly consolidated in August, and the price will fluctuate within a narrow range. After August, the market is still bearish on slices. Therefore, for PA6, it is expected to remain weak and fall.