China's PA66 has been a continuous price increase, compared with the same period last month prices rose 3,550 CNY/ton

Recently, the Chinese chemical market of PA66 important raw material hexamethylene diamine supply continues to be tight, due to factors such as cost and factory low load operation, PA66 has been a continuous price increase!

As of September 16, East China Yuyao EPR27 prices rose to 25,100 CNY/ton, up 7.49% from the beginning of the month, compared with the same period last month prices rose 3,550 CNY/ton, up 16.44%.

The raw material end of the view, September INVISTA hexanediamine implementation offer than in August rose 500 CNY/ton, coupled with the impact of typhoons, hexanedinitrile arrival slightly delayed. In addition, the domestic adipose diamine recently maintained a low level of start-up, domestic adipose diamine supply is tight.

Another raw material adipic acid prices rebounded from the decline, by the higher price of pure benzene and the supply side of the low start-up impact, adipic acid prices have increased. As of September 16, the spot price of adipic acid in East China at about 9,500 CNY/ton delivery or on delivery, up 6.74% over last week. Overall, the raw materials adipic acid and adipic acid have risen to varying degrees.

And PA66 market due to and industry profits, polymerization plant to reduce production operation, as of now, polymerization plant still maintain low load operation, under the influence of the cost, transaction prices continue to move higher.

Combined with the European energy crisis, the production costs of adipic acid and nylon resin, which account for up to 20% in Europe, have climbed sharply, BASF and other chemical giants are expected to reduce production, September 15, the secretary of the Shenma shares in answer to a related question: without taking into account other factors, if BASF and other chemical giants to reduce production, may promote the export of adipic acid and PA66 resin products.