SunSirs: The PA Market in Shandong Province Was Weakly Consolidating on September 12th

https://www.chemnet.com   Sep 13,2024 SunSirs

Price trend

On September 12th, the PA market in Shandong Province showed a weak consolidation trend, with mainstream prices for OX method PA sources negotiated at 7,200-7,400 RMB/ton and naphthalene sources PA negotiated at 7,000-7,200 RMB/ton.

Analysis review

Downstream factories maintained essential procurement, high-end transactions were hindered, raw material prices of OX had fallen, downstream plasticizer market had declined, and on-site merchants' equipment operations were stable with average sales.

Market outlook

The PA market is expected to decline in the future.

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