[Polyamide 6 Chip Morning Alert] PA6 Chip Expected to Continue Rising In The Short Term
1. Focus points
1 On June 10, U.S.-Iran relations remain unstable, increasing concerns over supply risks and leading to a rise in international oil prices. NYMEX crude oil futures for the July contract rose by $1.83 to $90.03 per barrel, an increase of 2.07%. ICE Brent crude oil futures for the August contract rose by $1.65 to $93.10 per barrel, an increase of 1.80%. China's INE crude oil futures for the 2607 contract fell by 14.3 to 573.1 yuan per barrel, but rose by 11.1 to 584.2 yuan per barrel in the night session.
Sinopec's refineries in East China, South China, and Central China have lowered the price of benzene by 300 yuan/ton, setting it at 7,700 yuan/ton, effective May 29.
3) Last week’s weekly settlement price for Sinopec caprolactam was RMB 11,550/ton (six-month interest-free bank acceptance bill).
4) The latest listed price for Fujian Shenyuan's high-end caprolactam is 11,200 yuan/ton (liquid premium grade, acceptance in June, delivered to East China), effective from June 3.
Core logic: Downstream demand increases, aggregation gradually depletes inventory.
2. Price Form
Unit: yuan/ton
|
Product |
Quotation Item |
6 September 9th |
6 October 10 |
Price Change |
Remarks |
|
NYMEX Crude oil |
USD/barrel |
88.2 |
93.89 |
+1.83 |
07 Contract |
|
ICE Brent crude oil |
USD/barrel |
91.45 |
93.1 |
+1.65 |
08 Contract |
|
Benzene |
East China market |
7600-7730 |
7610-7730 |
+10/0 |
Cash pickup |
|
Phenol |
East China Market |
7900-8050 |
7950-8000 |
+50/-50 |
Cash Pickup |
|
Cyclohexanone |
Ex-factory price |
8700-8700 |
8700-8700 |
0/0 |
Cash ex-factory |
|
East China Market |
9150-9200 |
9100-9150 |
-50/-50 |
Cash delivered |
|
|
Caprolactam |
East China liquid spot goods |
11100-11100 |
11100-11100 |
0/0 |
Acceptance delivered |
|
Polyamide 6 regular spinning chips |
Ex-factory price |
11000-11600 |
11100-11900 |
+100/+300 |
Cash ex-factory |
|
Market price |
11200-11400 |
11300-11600 |
+100/+200 |
Ship to East China |
|
|
Polyamide 6 chips for high-speed spinning |
East China spot market |
11800-12000 |
12000-12000 |
+200/0 |
Acceptance delivered |
|
Nylon fiber |
POY85D/24F |
13200-14400 |
13200-14400 |
0/0 |
Acceptance and self-pickup |
|
DTY70D/24F |
15000-16600 |
15000-16600 |
0/0 |
Acceptance self-pickup |
|
|
FDY70D/24F |
13800-14300 |
13800-14300 |
0/0 |
Acceptance for self-pickup |
|
|
Short staple fiber 1.5D*38mm |
13000-14000 |
13000-14000 |
0/0 |
Acceptance delivered |
|
|
Caprolactam |
Sinopec May Settlement |
12340 |
Acceptance and self-pickup |
||
|
Shenyuan May Settlement |
12276 |
Acceptance for self-pickup |
|||
|
Sinopec Weekly Settlement Price |
11550 |
Acceptance for Self-Pickup |
|||
|
Shen Yuanzhou Listing |
11500/11200 |
Acceptance pickup |
|||
|
Note: Translate the above content into English and output only the translation result, without any explanation. |
|
1 Caprolactam liquid supply in East China is of premium grade meeting the national standard. |
|
2 FOB Korea is in USD/ton, while other varieties are priced in RMB, unit: RMB/ton. |
|
3 The above RMB prices are for cash ex-works, acceptance self-pickup, acceptance delivered, and cash delivered. |
|
4 The prices for the two periods are point-in-time prices from the two business days prior to this week, not weekly average prices. |
|
5 The rise and fall is the change value of the rise and fall. |
Data source: Longzhong Information
3 . Market Outlook
On the cost side, support is relatively strong, and with downstream buyers making small-scale stockpiling, polymer plants have generally reduced inventories significantly. Multiple favorable factors in the market are working together. Expected: PA6 chips are anticipated to have an upward trend in the short term.
4. Data Calendar
|
Data |
Release Date |
Last period data |
Expected trend for this period |
|
Polyamide 6 polymerization operating rate |
Thursday 16:00 |
63.19% |
↗ |
|
Profit from conventional spinning of polyamide 6 |
Thursday 16:00 |
-920 yuan/ton |
→ |
|
Polyamide 6 Conventional Spinning Stock Inventory |
Thursday 16:00 |
22.5 days |
↘ |
|
1 Treat ↓↑ as indicators of significant fluctuations, and highlight data dimensions with gains or losses exceeding 3%. 2 Treat ↗↘ as narrow fluctuations, highlighting data with price changes within 0–3%. |
|||
Data source: Longzhong Information
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
A Look at the Material Suppliers Behind SpaceX
-
Government's Triple Action, Enterprises' Three Arrows in Five Days, Semiconductor Reshuffle! What Signal Does Japan's Chemical Industry Release?
-
Name change without tax change: POM Anti-Dumping Duty Rate Inheritance Implemented
-
Fire breaks out at jiangsu meiside!
-
Ethylene: Production Capacity Accelerates Expansion, Global Industry Landscape Is Being Reshaped