Nylon or polyamide chip prices in July saw mixed trends amid firmer CPL cost during the month. In China, offers for nylon chip were mostly up as demand from downstream plants improved during the month. Offers for Taiwan-origin chips fell 0.8% from the previous month. In China, bright conventional spinning nylon-6 chips were up 3.6% from June while semi-dull chips rose 4.7% on the month.
Nylon filament yarn (NFY) prices were firmer during the month amid mixed raw materials market sentiment during the month. Demand was passable and thus, supported the yarn prices to remain firm that month. In China, semi-dull FDY70D/24F rose US cents 10 a kg from the previous month while FDY40D were up US cents 10 a kg.
Courtesy: Weekly PriceWatch Report