Nylon filament yarn prices fell further in the third week of August with the easing of operating cost pressure due to lower caprolactum and nylon chips prices. Textile yarn makers continued to cut run rates on poor confidence. In late August, yarn may carry out production cutbacks given the demand off season for textiles amid lackluster economy situation.
Nylon price falls as raw material price weakens
As operating pressure reduced on plunging caprolactum and nylon chips prices, nylon filament yarn prices fell further in the second week of August. Textile yarn makers in China continued to cut run rates on poor confidence. They may carry out further production cuts given the off season demand for textiles amid lackluster economy situation.
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Nylon yarn price falls further in August
Nylon yarn prices declined further during the first week of August as operating cost pressure reduced on lower prices of caprolactum and nylon chips. However, demand was also weak as downstream converters could hardly find fresh order intakes amid dull season, restraining demand for nylon yarn and in turn weighing down yarn prices.
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Nylon filament yarn prices sees steep fall
Nylon filament yarn prices fell further during the last week of July as operating cost pressure eased on lower caprolactum and nylon chips prices. Meanwhile textile yarn makers continued to cut run rates on poor confidence and some others with tight liquidity or incurring losses operated at low rates. Demand was off season for textiles amid lackluster economy situation.
