Nylon yarn market stablises in China

In China, semi-dull FDY70D/24F prices inched up US cent 1 a kg in the second week of September while FDY40D gained US cents 4 a kg. Nylon DTY 70D/24F prices were stable while DTY 30D/10F prices also rolled over. Monofilament 30D was stable and staple fiber 1.5D was down US cents 7 a kg.

Nylon filament yarn prices stabilised during the week on support of increased operating pressure due to rising raw material cost of caprolactum and nylon chips. Moreover, industrial yarn prices were also range bound. However, limited order intakes amid dull season and gloomy economic outlook restrained demand for nylon yarn.

In non-textile sectors, demand for staple fiber was tolerable, while for fishing-net yarn, monofilament and cord fabric was modest. In coming weeks, nylon filament prices will be stable from decline amid upswing of cost pressure. Meanwhile, increased production and insipid demand contributed to limited decrease in inventory level. It is expected that nylon yarn markets will move sideways in coming week.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

5 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

5 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

5 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

5 years ago