Source: www.jintou.com
This week (November 21-25), both the upstream and downstream of the nylon filament market were negatively affected, and the price weakened and fell. The commodity supply in the market remained stable, the spot supply of caprolactam raw material recovered, the price continued to fall, nylon swarf was weak to follow, and the cost of nylon filament was negatively affected and the quotations of the enterprises have decreased slightly . The waiting atmosphere of the downstream enterprises has intensified, the final consumption of textiles and clothing is still insufficient, the enthusiasm for the procurement of fabrics is not high, and the market transaction atmosphere continues to be weak.
market price trend
According to SunSirs price monitoring, this week (Nov. 21-25), the price of nylon filament weakened and fell. As of Nov. 25, 2022, DTY nylon filament (high-grade products; 70D/ 24F) The quotation is 17,960 yuan/ton, which is 100 yuan/ton lower than last week’s price, and the weekly decline is 0.55%.%; Nylon FDY (High Grade: 40D/12F) price was reported at 18,525 yuan/ton, down 100 yuan/ton from last week and down 0.54% for the week.
Upstream commodity market
Caprolactam raw material: This week caprolactam works weakly and the price drops. According to data from SunSirs.com, the average domestic market price of liquid caprolactam was 12,366 yuan/ton on November 21 at the beginning of the week and 12,200 yuan/ton on November 25, a weekly decrease of 1.34 %. Fundamentals are mostly bearish and upstream crude oil and pure benzene prices have fallen. On the supply side, with the restart and recovery of the North plant, the supply of caprolactam has increased and the start-up terminal load is still declining. The caprolactam market is expected to continue to be weak in the near term.
supply and demand
At present, the nylon yarn startup is stable, and the overall startup is 70% higher. The market supply is sufficient, the inventory is large, and the main market is mainly to digest inventory. Looking at the overall demand, the textile market is hard to hide its weakness this week. Weaving manufacturers’ enthusiasm to stock up on raw materials has waned. The market atmosphere is deserted. Load production.
View
In the subsequent period, upstream raw materials were weak and low, the market supply of goods remained stable, downstream demand was weak, and overall demand showed a downward trend. SunSirs analysts expect the nylon filament market to continue to perform weakly in the following period.
(Article source: SunSir)
Kindly Tips:Watch the latest market trends at any time, pay attention to Jintou.com APP.
Massive information, accurate interpretation, all in the Sina Finance APP
