In China, semi-dull FDY70D/24F prices were down US cents 5 a kg in the second week of January while FDY40D fell US cents 8 a kg.
Nylon DTY 70D/24F prices fell US cents 3-5 a kg while DTY 30D/10F prices rolled over on the week.
Monofilament 30D prices were stable while 1.5D staple fiber dipped US cents 4-9 a kg.
Nylon filament yarn prices continued to drift on low operating pressure on softening caprolactum and semi-dull nylon chips prices.
Asian markers, the SE and FE markers edged down US$30 a ton in the second week of January. In China, liquid good offers in spot market fell US$45 a ton on the week with selling indications at US$1,450 a ton delivered. Solid goods were at US$1,495-1,510 a ton.
Sinopec cut its January contract nomination US$1,510 a ton, down US$60 from previous nominations for liquid goods while DSM Nanjing’s numbers were at US$1,575 a ton for liquid goods and US$1,610 a ton for solid goods.
In China, semi-dull FDY70D/24F prices were down US cents 2-4 a kg while FDY40D were down US cents 3 a kg (due to weak Yuan).
Nylon DTY 70D/24F prices fell US cents 6 a kg. DTY 30D/10F prices rolled on the week.
Monofilament 30D prices were stable while 1.5D staple fiber declined US cents 4 a kg on the week.
Nylon filament yarn markets in Asia continued to trend in weakness on falling operating pressure due to softening of caprolactum and semi-dull nylon chip prices.
Asian markers, the SE and FE markers fell US$60 a ton in the first week of January.
In China, liquid good offers in spot market edged down US$65 a ton on the week with selling indications at US$1,460 a ton, delivered. Solid goods fell US$95 a ton.
Sinopec retained its January contract nomination at US$1,570 a ton for liquid goods while DSM Nanjing was at US$1,575 a ton for liquid goods and US$1,610 a ton for solid goods.
Caprolactum prices eased that week on languishing demand, cheaper raw material and expectation of increase in supply.
In China, semi-dull FDY70D/24F prices were down US cents 7 a kg in the last week of December while FDY40D remained unchanged.
Nylon DTY 70D/24F prices fell US cents 6 a kg while DTY 30D/10F prices rolled over.
Monofilament 30D remained flat on the week while 1.5D staple fiber further declined US cents 4-11 on the week.
Low operating pressure due to softening of caprolactum and semi-dull nylon chips prices, nylon filament yarn prices continued to moderate.
In China, liquid good offers in spot market edged down to US$1,525-1,540 a ton while solid goods fell to US$1,585 a ton in the last week of December.
Sinopec announced January contract nomination at US$1,585 a ton for liquid goods while DSM Nanjing announced nomination at US$1,590 a ton for liquid goods and US$1,625 a ton for solid goods.
Asian markers, the SE and FE markers were pegged at US$1,240-1,260 a ton while December contract price for high-end goods were not announced.
The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since they were at their yearly peak in May-June. The plunge was triggered by the rapidly falling crude oil prices where in benzene, a refinery product – is closely linked. Caprolactum, a nylon fibre intermediate, is derived from benzene via cyclohexane. Nylon chip, nylon fibre and nylon filament yarn are derived from caprolactum. Thus, the final product costing depends on the movement in crude oil and thereby, benzene markets.
In China, semi-dull FDY70D/24F prices rolled over at US$2.31-2.39 a kg while FDY40D remained unchanged at US$2.47-2.62 a kg in the third week of December.
Nylon DTY 70D/24F prices fell down US cents 5 a kg while DTY 30D/10F fell US cents 10 a kg.
Monofilament 30D remained stable while 1.5D staple fiber further declined US cents 5 a kg.
Nylon filament yarn markets continued to sustain weaknesses while operating pressure was range-bound as caprolactum and nylon chip prices moderated a bit.
In China, liquid good offers in spot market were down US$10 a ton due to weak currency while solid goods fell US$35 a ton in the third week of December.
Sinopec’s December contract nomination was at US$1,635 a ton while DSM Nanjing retained its nomination to US$1,680 a ton for solid goods.
Asian markers, the SE and FE markers slipped US$10 a ton while December contract price for high-end goods was offered at US$1,370-1,430 a ton CFR.
In China, semi-dull FDY70D/24F prices fell US cents 5 a kg in the second week of December while FDY40D fell US cents 10 a kg.
Nylon DTY 70D/24F prices were at US$2.56-2.72 a kg. DTY 30D/10F was stable at US$3.34-3.50 a kg.
Monofilament 30D was down US cents 10 a kg and 1.5D staple fiber declined US cents 10 a kg.
Nylon filament yarn markets sustained the weakness and prices declined on low operating pressure on range-bound raw material cost.
Downstream fabric makers were cautious of following up, resulting in slow liquidity in the nylon yarn market.
