According to statistics, the domestic nylon market last week (August 9-13) was running smoothly. As of August 13, the price of nylon filament DTY (high-quality product; 70D/24F) in Jiangsu was 20,220 yuan/ton. ; Nylon POY (high-quality product; 86D/24F) is quoted at 17,775 yuan/ton; nylon FDY (high-quality product: 40D/12F) is quoted at 20,800 yuan/ton.
From the price trend, since August, the quotations of nylon manufacturers have been stable and wait and see. The market trend of the nylon industry chain is weak, and the supply of manufacturers is stable. , but there are still resistances to shipments. It is difficult to make transactions at high prices on the market. The downstream terminal market demand is flat. The overall market production and sales are stagnant. There is a strong wait-and-see atmosphere on the market.
Upstream raw material market analysis
The quotations of the upstream raw material cyclohexanone companies are mostly stable and wait and see. According to SunSirs monitoring data, as of August 13, the average domestic market price of cyclohexanone was 10,220 yuan/ton, which was the same as last week’s price.
The domestic market of the upstream raw material PA6 ran smoothly last week, and the spot price fluctuated greatly. As of August 13, the mainstream offer price of Zhongnian 2.75-2.85 by sample companies was around 15366.67 yuan/ton, which was the same as the average price at the beginning of the month. There was a 42.72% increase compared to the same period last year. Although the upstream support for the cost side of PA6 weakened in early August, the price of caprolactam was high and the cost pressure on PA6 was high. At the same time, domestic chip stocks increased at the end of last month as supply benefits brought about by the industry’s operating rate. End users are slow to follow up and have a strong wait-and-see mentality. The atmosphere in the market is gloomy, and the long and short game is entangled. It is expected that the spot price of PA6 may remain stagnant in the short term.
Downstream market demand
Since August, the price trend of nylon has been basically Maintain stability and maintain stalemate operation. The nylon yarn manufacturers’ installations are still in operation, and the spot supply on the market remains sufficient. Although manufacturers are actively shipping, customers in the downstream terminal area are not very enthusiastic about buying. After the price rise, customers’ intention to purchase goods has weakened, and more follow-up is on demand. The overall market demand is strong. Purchasing is also weak; the market price of nylon cord fabric is firm and high. Although the upstream high-viscosity chips remain stable, the cost-end support is acceptable. The supply of manufacturers was tight in the early stage, and the supply has gradually stabilized recently. The downstream terminal nylon manufacturers just need to follow up, and some manufacturers The start-up is at a low level, with destocking being the main focus, and the overall market remains high. Transactions in the nylon staple fiber market are relatively flexible. Its upstream conventional spinning chips have been adjusted in a narrow range. The cost end does not have a strong support for short fiber. The spot supply on the market remains stable, and the downstream package The demand in the core yarn field is acceptable, but the proportion is not large. The demand in other fields is average, and there is a small room for negotiation in the actual transactions on the market. All parties have a strong wait-and-see attitude towards the market outlook.
Forecast of the market outlook
The nylon market trend in August is stable and weak. , the upstream raw material market is expected to decline within a narrow range, the cost-end support function has weakened, and the on-site supply has remained stable. The terminal demand for nylon has not seen a significant improvement. Most downstream companies maintain normal needs to obtain goods, with limited order support and low enthusiasm for obtaining goods. , the actual trading atmosphere on the market was dull, manufacturers had a strong willingness to raise prices, but the market mentality was mainly bearish. It is expected that the spot price of nylon may decline in the short term. </p
