SunSirs: The PA Market in Jiangsu Province Was Weakly Consolidated on August 22nd

https://www.chemnet.com   Aug 23,2024 SunSirs

Price trend

On August 22nd, the price of PA in the Jiangsu region remained weak and consolidated, with downstream factories maintaining their demand for essential purchases. The mainstream negotiation for OX method PA sources was between 7,500-7,700 RMB/ton, while the mainstream negotiation for naphthalene method sources was between 7,200-7,300 RMB/ton

Analysis review

Recently, the spot supply of PA in the domestic market has been normal, and the price of raw material OX has stabilized. The downstream plasticizer market has declined, and downstream procurement was mainly base on-demand.

Market outlook

The market price of PA remained weak and consolidated in the later stage.

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