In China, semi-dull FDY70D/24F prices were down US cents 5 a kg in the last week of August while FDY40D fell US cents 8 a kg. Nylon DTY 70D/24F prices declined US cents 5 a kg while DTY 30D/10F was down US cents 8 a kg. Monofilament 30D tumbled US cents 26 a kg on the week while staple fiber 1.5D fell US cents 4 a kg.
Nylon price sees continuous fall in China
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.
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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.
