PA66 rose up to another 13,000 yuan, and adipic acid has strong support

Chem366—

After the Spring Festival, the “tide tide” continued, DuPont issued another price increase letter, PA66The highest rise again13000Yuan, adipic acid has strong support.

2021Since the beginning of the new year, my country’s adipic acid market has been operating upward as a whole, and there are many favorable factors in the market. Strong support. At present, the mainstream price negotiation in East China market is for reference =”font-family:Calibri”>/tons, returning to a nearly three-year high.

Figure1 2020-2021Domestic adipic acid Market Price Chart

Good support:

Supply side

Since the resumption of work at the beginning of the year, the overall operating conditions of adipic acid factories have been average, and the overall operating rate is at62%, the overall supply is relatively small. Some main factories are under maintenance, for example, Chongqing Huafeng3 two lines for maintenance in March . The overall load of Shandong Haili is around8Cheng, some factories have been parked, and there will be follow-up Restart plan. The supply side of the market is positively supported.

Demand side

DownstreamPA66IndustryThe price keeps rising, the market supply is tight and the price is high, and The demand in the market is firm and stable, and the start-up load is also relatively high, so traders are reluctant to sell.

Hot degradable plasticPBATSubsequent production of manufacturers has increased significantly, and the demand for adipic acid is relatively large, and the support is strong.

TPU、PUSlurry, sole solutionThe industry has digested and sorted out following the sharp rise in raw material prices. Manufacturers are in the market and purchase on demand. As the foreign epidemic situation improves, the demand for shoe materials increases.

exportIn terms of force majeure, some foreign manufacturers installed adipic acid Demand is good and exports are good.

Outlook:

According to Tiantian Chemical Network, currently adipic acid manufacturers have no inventory pressure, and the market continues to be high and the downstream demand is stable. Although the trend of pure benzene, the raw material, fluctuates, there are many positive factors in the market. From a global macro perspective, global central banks have released water, and inflation is reflected in rising commodities. Therefore, it is predicted that adipic acid will remain at a high level in the future.