SunSirs: The PA market in South China weakly stabilized On August 6th

https://www.chemnet.com   Aug 07,2024 SunSirs

Price trend

On August 6th, the price trend of PA in the South China region stabilized, and downstream factories maintained their demand for essential purchases. High end transactions were hindered, and negotiations for OX sources PA within the market were mainly between 7,500-7,700 RMB/ton, while negotiations for naphthalene sources PA were mainly between 7,300-7,400 RMB/ton.

Analysis review

The price of naphthalene sources PA was weakly adjusted, the downstream plasticizer market was fluctuating and falling, the price of OX was weakly falling, the operation of merchant facilities was stable, downstream demand was average, and on-site sales were average.

Market outlook

The price trend of PA market will be weakly adjusted in the later stage.

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