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Domestic PA66 nylon prices in China fell about 2.8% from the start of May to around 26,000 yuan per ton as of May 20. Weak upstream adipic acid and abundant supply weighed on the market.
Epidemic-related logistics disruptions in East China also limited demand.
This is an industrial chemical market with no direct link to feed grain or oilseed supply, demand or prices. It has no meaningful impact on feed buyers.
sunsirs.comMay 23, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
