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PA6 cost support remains firm, and the market continues to operate steadily
Why can the PA6 market remain stable and even rise despite weak downstream demand?
【PA6 cost support remains strong, market remains steady】Cailian Press, March 25 — Recently, the PA6 (nylon 6) market has remained steady with limited price fluctuations. Cost support remains relatively strong, while downstream demand is weak, mainly driven by urgent needs. In the short term, raw material prices may still rise slightly, and PA6 prices are expected to follow suit with a slight increase. Market outlook: In the short term, pure benzene prices remain firm, and supply of caprolactam is expected to decrease, potentially leading to a slight rise in caprolactam market prices, which could further strengthen PA6 cost support. Although downstream demand is weak, some downstream users have limited stockpiles of PA6, mainly replenishing only essential needs. Market participants remain cautious and closely monitor cost changes. Overall, short-term PA6 prices are expected to be more likely to rise than fall, with limited upside potential. (Zhuochuang Information)