According to relevant statistics, as of July 16, Jiangsu The regional nylon filament DTY was reported at 20,360 yuan/ton, the same as last week, and 700 yuan/ton higher than the price at the end of June; the nylon POY price was reported at 17,950 yuan/ton, the same as last week, and 825 yuan/ton higher than the price at the end of June. tons; the price of nylon FDY was reported at 20,933 yuan/ton, which was the same as last week and increased by 933 yuan/ton from the price at the end of June. Judging from the price trend, the current price of nylon is at a high level. The nylon market experienced its first rise in early July. Mainly driven by the cost of upstream raw materials, the nylon market rose across the board. The price of nylon was stable this week. Upstream and downstream parties are cautious about the market outlook. Stronger.
Upstreammarketanalysis
Thecostoftheupstreamrawmaterialcyclohexanonehasweakened,demandhasbeenlight,andmarketpriceshaverisenandthenfallen.AccordingtomonitoringdatafromSunSirs,asofJuly15,theaveragedomesticmarketpriceofcyclohexanonewas10,580yuan/ton,whichwasadecreasefromlastweek’sprice.Overallconstructionstartsremainedlow,anddownstreamdemandwaslight.
The market trend of raw material PA6 was positive in early July, with spot prices generally rising. As of July 15, the mainstream offer price of medium sticky 2.75-2.85 by sample companies was around 15,000 yuan/ton, an increase of 2.97% from the average price at the beginning of the month, and an increase of 23.29% year-on-year. Currently, the overall operating rate of domestic PA6 polymerization plants is around 60%, and the supply side is good for conventional spun chip products. Among them, the load of nylon filament is relatively high at 80%, and the profit is not obvious. The raw material caprolactam strengthened at the beginning of the month, the cost support of PA6 increased, and the price rose upstream. However, downstream nylon is not very receptive to high-priced goods, and trading on the market is still dominated by contracts. Terminal factories are cautious in their purchasing operations and can take whatever they need when replenishing supplies. Overall, the current PA6 market is bearish, and it is expected that PA6 spot prices may remain stagnant in the near future.
Downstream market demand
The demand in the downstream terminal field of nylon is still flat, on-demand When purchasing goods, some customers have slightly replenished their positions at low prices in the early stage and are not very enthusiastic about purchasing goods. In addition, the terminal sector is still in the traditional off-season. Recently, the prices of polyester, spandex and nylon yarns have continued to rise. Downstream customers have expressed great pressure and difficulty in cash flow. So I don’t dare to stock up too much. The overall market continues to be dominated by just-need purchases, and all parties have a cautious wait-and-see attitude towards the market outlook.
Provided by Changzhou Delong Chemical
According to many nylon manufacturers, the downstream demand for nylon is not high. Most downstream companies maintain normal needs and basically take small orders. Mainly, the market transactions are weak, basically in a situation where there is a price but no market. The supply of goods on the market is sufficient, the inventory is increasing, and some manufacturers have started operations and adjusted accordingly. Upstream and downstream parties are cautious about the market outlook.
Forecast of the market outlook
The terminal demand for nylon has not seen a significant improvement, and most downstream companies Maintaining normal demand for goods, order support is limited; but cost support is strong, nylon prices are stable this week, market demand is weak, and manufacturers are more willing to raise prices. As upstream raw material prices fall, the nylon market is expected to decline in the short term.
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