Raw Material Prices Are Weakening To Adjust Nylon Filament Prices Down
According to the statistics of the business community, the price of nylon filament has dropped in the past week. As of October 25, DTY of nylon filament in Jiangsu Province reported 17833 yuan / ton, down 1.11% compared with the price on October 15, down 28.78% year on year; POY of nylon in Jiangsu Province reported 15520 yuan / ton, down 1.02% compared with the price on October 15, down 31.21% year on year; FDY of nylon reported 19700 yuan / ton, down 22.24% year on year.
| product | October 15th | October 25th | Ups and downs | Company |
| cyclohexanone | Eight thousand two hundred and thirty-three | Seven thousand and nine hundred | -333 | Yuan / ton |
| Caprolactam | Twelve thousand five hundred and thirty-three | Twelve thousand two hundred and thirty-three | -300 | Yuan / ton |
| PA6 (medium viscosity: 2.75-2.85) | Fourteen thousand and sixty-seven | Thirteen thousand eight hundred and thirty-three | -234 | Yuan / ton |
| Nylon FDY (40D/12F) | Nineteen thousand and seven hundred | Nineteen thousand and seven hundred | Zero | Yuan / ton |
| Nylon DTY (70D/24F) | Eighteen thousand and thirty-three | Seventeen thousand eight hundred and thirty-three | -200 | Yuan / ton |
| Nylon POY (86D/24F) | Fifteen thousand six hundred and eighty | Fifteen thousand five hundred and twenty | -160 | Yuan / ton |
10 in mid and late June, cyclohexanone continued to decline. After the long holiday in October, crude oil prices plummeted, market confidence was low, and cost support collapsed. At the same time, the mainstream factories of cyclohexanone kept cutting prices due to inventory and shipping pressure. As of October 25, the price of cyclohexanone fell by 12.71%. As polyester chips cut prices to eliminate inventory and depress the caprolactam market, the supply is still in the state of surplus, and the price is weak in the near future. Nylon orders are gradually digested, raw material inventory is reduced, and nylon filament sales market is not significantly improved, cost support is lost, and the price is loose. Some manufacturers in Jiangsu reduce the price by 200-400 yuan / ton.
The price chart of nylon POY and upstream raw materials shows that the trend of cyclohexanone and PA6 is basically the same, and prices are going up and down. The linkage between the upstream and crude oil is strong, and the demand below the industrial chain is the focus. Because the order is light, the speed of de stocking is slow and the cost transmission is delayed. We can roughly judge from the figure that the price of polyester chips will be lowered and the price of nylon filament will be changed about 10 days later.
Business analysts believe that the price of nylon raw materials has been decreasing in recent years, and the downstream orders have not improved. The cost is not supported. With the digestion of raw materials inventory, manufacturers begin to lower prices. It is expected that nylon will adjust with the weakening of raw materials.
- Related reading
Personal Bankruptcy Meets New Rules Of Debt: The Fate Of Two Star Entrepreneurs Wives
|
- Expo News | “品质源于智造 情怀铸就未来”——第二届中国·肃宁针纺服装文化节盛大开幕
- Association dynamics | Thirty Years Of Hard Work And A New Spectrum Of Innovation: Sichuan Fashion Conference Is Coming Soon.
- Fashion Bulletin | Do You Know The Origin Of Martin Boots And Now They Are Popular!
- Instant news | Xiang Dai Gong Gong Hangyu Unveiled Ningbo Fashion Festival: "One Cloth And One Dust" Fashion Exhibition
- Fashion shoes | What Are Men'S Martin Boots Brands? Several Men And Women Are Suitable For Martin Boots Brand Collection.
- Fashion shoes | "Mission Call" X Pusha-T X Adidas New Three Party Heavy Joint Shoes Release
- Fashion shoes | Olivia Kim X Air Jordan 4 New Brand Shoes Will Be Landed Next Month With Full Texture.
- Fashion shoes | A Ma Maniére X Nike 全新联名 Air Force 1 鞋款首次曝光
- Fashion shoes | React Element 55 Shoes New Ivory Color Release, WMNS Specification
- Fashion shoes | Air Jordan 4 SE GS Shoes New Tiger Stripes Color Release, Publicity Wild Charm
- Lv'S Largest Acquisition In The History Of Parent Company: Offer $14.5 Billion For Tiffany
- How Long Does It Take For Straight Men To Wear Han Clothes Out Of The Street?
- Lighting Up The New Fashion Consumption Engine In The Yangtze River Delta, Ningbo Leveraging The Clothing Industry To Build The Value Chain.
- In The Cambodia Chinese Textile Industry, More Than 1 Million 800 Thousand Of The Local People Are Benefiting.
- Quick Fashion Store Strategy Adjustment, Low Rise City Rise
- Hui Jie Shares Overseas Market Development Will Usher In A New Breakthrough?
- The Decline Of Lululemon And The New Expression Of Feminine Consciousness
- Secretly Rising Prices, Red Packets Trap... Is The Electricity Shopping Festival Welfare Or Routine?
- Sticky Short, Low Price, Profits And Signs, Will The Price Be Strong? How Will It Change At The End Of The Month And The Beginning Of The Month?
- CONVERSE Chuck 70「Restructured」系列全新鞋款上架！