p>6-8 months was the traditional off-season for nylon demand. On the one hand, into the forbidden sea period, while fishing at sea was particularly poor, resulting in net demand declined over the previous year; on the other hand, chemical fiber factory in Zhejiang province for most power was significantly limited then reduced the demand of nylon chips. Polymerization plant s sales started slowed from late May, although some factories to cut production, but stock still on gradually increasing trend. The demand side improve in short-term was difficult.
This week the PA6 market was steady and the offers held the line with early days. The upstream CPL market rebounded but the support power from downstream was small then the merchants mingled hope and fear for PA6 middle and long term market. Until the weekend, the market supply was sufficient and the downstream demand had no obvious change.
Forecast in later period: overall, the demand busy season is coming , global CPL supply is less and caprolactam anti-dumping is expected to come on, these factors will bring a positive effect for domestic PA6 market.
China Chemical Weekly: http://news.chemnet.com/en/detail-1403616.html
