Nylon yarn prices to edge down further

In China, nylon FDY70D/24F and FDY40D SD prices fell US cents 6 a kg in the third week of December. Nylon DTY 70D/24F prices were down US cents 6 a kg on the week. Monofilament 30D prices were stable while nylon staple fiber 1.5D prices rolled over during the week.

Nylon filament yarn prices softened that week on the back of dull chip market and decreasing demand. Buyers were cautious and thus inventory piled up slightly during the week. Demand was weak with increasing inventories, which would lead to lower run rates in near future. Overall run rate of industrial yarn plants was around 70% amid modest profit margins.

Nylon yarn makers may lower the offers to attract buyers in coming weeks.

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,…

4 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.…

4 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