2016 PA6 industry top ten event inventory

In the first three quarters of 2016, the domestic gdp growth rate was 6.7%, and the innovation was low. The overall demand for bulk commodities is not good, and the apparent consumption level of pa6 is around 2.4 million tons, down 16% from the previous year.

2, pa6 domestic production capacity is expanding trend

In 2015, the total production capacity of domestic pa6 polymerization was about 3.5 million tons. In September 2016, Sinopec Hengyi's production capacity of 100,000 tons was put into production successively, plus Jiangsu Haiyang Chemical Fiber's new production capacity of 120,000 tons and Shenma's 100,000 tons capacity. The product types include high-viscosity slicing, medium-viscosity slicing, high-speed spinning slicing and membrane. Level slices, etc. Above, the total domestic production capacity of pa6 in 2016 was around 3.8 million tons, an increase of 8.6% over last year. In 2017, 100,000 tons of Zhonglun slice and Haiyang's other 40,000 tons of equipment will continue to be put into the market. It is expected that the competition in the slicing industry will be more intense.

3, pa6 domestic supply growth import dependence decline

In 2016, the expansion process of pa6 manufacturers continued to advance, with an annual output of about 2.8 million tons, and the manufacturers' expansion is no longer concentrated on low-quality medium-viscosity slicing. The high-viscosity and high-speed spinning slicing capacity continues to grow, and the quality of manufacturers gradually moves closer to high quality. . In 2016, the import of sliced ​​416,800 tons and the export of 72,000 tons, the import dependence reached the lowest of 14.3%.

4, pa6 overall operating rate is low

In the first half of 2016, the overall operating rate of pa6 remained at around 65%, and remained at around 68% in the second half of the year. The overall operating rate for the year was less than 70%. Compared with last year's 73% start-up level, it showed a significant downward trend.

5, dragged away by raw materials - the new low price of pa6 and then a new high

Under the dual influence of weak raw material caprolactam and poor downstream demand, the price of pa6 fell to a new low of 11,700 yuan/ton at the end of May. Subsequently, the upstream caprolactam plant began to limit production and insured prices, pa6 stopped falling and stabilized, and slowly rose. After November, the supply of raw material caprolactam tightened and prices soared. Pa6 continued to rise due to cost support. In December, it rushed to a new high of 19,700 yuan/ton, up 8,000 yuan/ton from the May low, or 68.38%, up 8200 yuan/ton from the same period of last year, or 71.30%.

6, the pa6 industry suffered serious losses throughout the year

Since the rise of raw material caprolactam, conventional spinning and slicing manufacturers have struggled. The cost is under pressure and the downstream procurement is not good, resulting in serious losses in the industry as a whole. In 2015, the average profit of nylon conventional spinning chips was about 80 yuan/ton, but this year it lost 230 yuan per ton. This is also the first time the slicing industry has suffered losses since 2012.

July and August pa foreign giants both announced price increases

In August 2016, pa6 giants dsm (DSM) and basf (BASF) both announced a significant increase in the price of pa6 contracts for shipments, including caprolactam and pa6 chips. It is reported that the two giants' increase rate is about 110 US dollars / ton, the reason for the price increase is mainly forced by rising raw material prices.

8, Shanghai Yingweida pa66 device put into operation

In July 2016, INVISTA announced that it had stopped at the nylon 66 installation in Chatteruga, USA. In September, Shanghai Yingweida's nylon 66 unit with a total capacity of 200,000 tons was officially put into operation. The first phase of production of 100,000 tons was delayed by two months from the previous forecast of July.

9. Belarusian company builds a new 35,000 tons/year pa6 factory

Belarusian petrochemical producers built a new pa6 production plant in Grodno in 2015. The group's caprolactam annual production capacity reached 140,000 tons.

10. In 2016, the new plant has started production with an annual production capacity of 35,000 tons.

The Ministry of Commerce is importing caprolactam originating from the European Union and the United States to continue anti-dumping measures. The Ministry of Commerce has decided to conduct a final review of the anti-dumping measures applicable to imported caprolactam originating in the EU and the United States from October 22, 2016. According to the recommendation of the Ministry of Commerce, the State Council Customs Tariff Commission decided to continue importing caprolactam originating in the EU and the United States in accordance with the Ministry of Commerce’s Announcement No. 68 of 2011 and Announcement No. 6 of 2016 during the period of review of anti-dumping measures. Anti-dumping duties are imposed on tax ranges and tax rates.