price trend
In the past week (February 28 to March 6, 2026), the PA66 market has been rapidly rising driven by costs, but high price transactions have been weak. On March 6th, the benchmark price of PA66 in Shengyi Society was reported at 16833.33 yuan/ton, an increase of 6.32% compared to 15833.33 on February 28th. This week, the price of succinic acid continues to rise, and market transactions are still acceptable. PA66 enterprises will reduce production and load during the Spring Festival period, with downstream small orders mainly needing replenishment.
influencing factors
In terms of cost:
The recent geopolitical conflict in the Middle East has pushed up the cost of crude oil and petroleum derivatives, and the adipic acid market has experienced a sharp rise, with a two-day increase of nearly 5%. Manufacturers continue to raise factory prices, and market transactions are still acceptable. As of March 5th, the average price of adipic acid in the domestic market is around 8700 yuan/ton, an increase of 400 yuan/ton.
Supply side:
After the holiday, there was not much inventory pressure on the PA66 polymerization unit. During the Spring Festival, production was reduced to reduce load, and prices actively increased. Traders were reluctant to sell, and low-priced sources of goods were almost extinct.
In terms of demand:
This week, the downstream textile industry mainly focused on small orders that require replenishment, with few large transactions. There is a clear wait-and-see attitude towards high prices, and the ability to transfer PA66 costs is limited, limiting the increase in price.
Future forecast
In the future, the PA66 market is still supported by costs and supply in the short term, and prices are prone to rise but difficult to fall. However, weak demand recovery and overcapacity pressure will suppress the upward trend, and it is highly likely to show a “high-level oscillation and narrowing of gains” trend. Focus on the trend of raw material prices in the evolution of geopolitical conflicts and the resumption of downstream work and orders after the holiday.