In China, semi-dull FDY70D/24F prices rolled over in the third week of February while FDY40D fell US cents 7 a kg on the upper end.
Nylon DTY 70D/24F prices rolled over while 30D/10F prices were stable on the week.
Monofilament 30D prices was unchanged while 1.5D staple fiber slipped US cents 9 a kg.
Weakness stilled lingered over nylon yarn market, although raw material prices were flat to firm that week. However, the markdown was limited as nylon yarn makers operated near the breakeven.
Nylon-6 FDY saw demand improving demand from the downstream, thus prices held stable. Nylon-6 POY saw raw materials softening and prices making supplementary fall with slow liquidity.
Nylon-6 DTY prices moved sideways amid tepid demand from downstream mills. Mainstream prices for staple fiber 1.5D dipped as producers suffered from eroded profits owing to thinner demand.
Courtesy: Weekly PriceWatch Report