In China, nylon FDY70D/24F SD prices were stable in the last week of June while FDY40D rolled over during the week, however both were up US cents 2 a kg due to weak US$.
Nylon filament yarn prices remained stable on high cost pressure as nylon chip and caproalctum markets stayed firmly flat. Downstream converters were cautious and saw tepid demand with the off season drawing near. Warp‐knitting, weaving and AJ covering sectors operated at 70% while, circular‐knitting mills and lacing mills were running around 50%, implying modest demand for nylon yarn.
In non‐textile sectors, fishing‐net yarn, staple fiber and cord fabric makers made some procurement due to lean inventory. Overall, nylon filament yarn markets are expected to move sideways amid moderate fundamental and cost support from the upstream.
Courtesy: Weekly PriceWatch Report
