June PA66 capacity utilization rate expected to drop below 60%

PA66 capacity utilization rate is set to drop below 60% in June, down from 63% in late May, says OilChem. Losses (theoretical Yuan 1,188/t) and weak demand drive the decline. Rising inventories and soft HMD costs (Invista cut June offer by Yuan 700/t) will pressure prices. Watch upstream plant maintenance and demand recovery.

PA66 capacity utilization rate stood at around 63% as of late May, down 3 percentage points from end-April. It is expected to drop further to below 60% in June. The decline is mainly driven by persistent losses and weak downstream demand. China PA66 Capacity Utilization Rate, 2025-2026 Source: OilChem The PA66 sector