Raw Material Supply Pattern Eases And Nylon Filament Falls

According to statistics, as of January 28, the price of nylon filament DTY in Jiangsu was 16533 yuan / ton, which was 467 yuan / ton, 2.75% lower than the beginning of the month, and 1.78% year-on-year; the price of nylon POY was 14180 yuan / ton, 320 yuan / ton, 2.21% and 0.98% lower than that of last year; the price of nylon FDY was 18066 yuan / ton, with a decrease of 200 yuan / ton, a decrease of 1.09%, and a year-on-year increase of 0.37%.

As of January 27, WTI crude oil price settled at US $52.85/barrel, up 9.19% from the beginning of January. The lower reaches of cyclohexanone are mainly purchased on demand, and the logistics transportation has increased, and the price tends to stabilize in the second half of the month. The supply of caprolactam was improved, and the quotation in the first ten days was continuously lowered. In the second half of the month, the operating rate of some units decreased, caprolactam recovered, and the overall price fell. Before the year, the supply and demand tended to be balanced. The domestic downstream raw materials were purchased in the early stage, and the inventory was high. The enthusiasm for preparing goods before the festival was cooling down. The spinning start-up had a correction. The manufacturers had a resistance to the high-level chip market, and the sales market was rational.

Nylon filament price callback. The support of new orders of manufacturers is weak, and the funds returned before this year are mainly. Affected by the fall of raw materials, nylon filament began to callback, some enterprises quoted prices continuously downgraded, and some enterprises' prices remained stable before the festival. Nylon and its raw materials showed a good upward trend, but considering the uncertainty of trade environment, enterprises purchase raw materials carefully and produce according to orders.

Analysts believe that the heat of stock preparation before the festival has cooled, and the factory has gradually entered the stage of steady production, with cautious procurement and rigid demand as the main factor. The raw material supply is fair, the cost pressure has eased, and the filament manufacturers are willing to accept orders. It is expected that the nylon filament will be stable and weak before the festival.