Price trend
| Polyglutamic acid Pharmaceutical(medicine) grade |
According to the bulk list data of business society, the domestic PA66 market fell in early December, and the spot price of individual brands decreased significantly. As of December 2, the average ex factory price of PA66 adhesive injection molding sample enterprises of business society was about 38500 yuan / ton, with an increase or decrease of – 0.90% compared with the average price at the beginning of the month.
Cause analysis
Industrial chain: upstream, the recent domestic adipic acid price shock is weak. At present, the cost and supply and demand are bad for the adipic acid market, and the adipic acid price still has room to loosen. Adiponitrile has not improved much. The loss of production capacity of large international factories and the shortage of overseas transportation capacity are still affecting the market, and the supply shortage has not improved. Due to the high dependence on imports of adiponitrile, most domestic PA66 production loads are forced to operate at a low level.
| Polyglutamic acid |
The upstream raw material adipic acid is weak, the change of adiponitrile is limited, and the cost end support of PA66 is weakened. At present, the operating rate of the industry is basically unchanged compared with the previous period, and it is still low due to the shortage of adiponitrile. In terms of imported materials, the overseas shipping capacity is low, the medium and long-term import and export goods of each port are insufficient, and the inventory position is not high. In terms of demand, the buyer took the goods slowly, the seller’s confidence weakened, and the offer decreased.
Future forecast
Business analysts believe that the spot price of PA66 fell this week. The shortage of adiponitrile at the raw material end has not been improved, and adipic acid is weak. Due to the lack of raw materials, the overall load of the polymerization plant is low, and the support of the supply side to the spot is OK. However, the resistance of end users to high price goods sources has increased, the purchase and preparation operation tends to maintain production, and the on-site trading volume is weak. It is expected that PA66 may continue to operate in a weak adjustment in the near future.
| http://www.polyglutamicacid.com |