Downstream Demand General Nylon With Cost Rise
According to the statistics of business community, as of September 22nd, the DTY of nylon filament in Jiangsu area was 18033 yuan / ton, which was 0.93% higher than the price on Monday, down 28.04% from the same period last year. The price of nylon POY in Jiangsu area was 15740 yuan / ton, 1.03% higher than that on Monday, 29.35% lower than that of the previous year, and the price of nylon FDY was 19700 yuan / ton, and the price remained stable, down 21.20% from the same period last year.
| product | September 16th | September 22nd | Ups and downs | Company |
| cyclohexanone | Eight thousand four hundred and twenty-four | Nine thousand | Five hundred and seventy-five | Yuan / ton |
| Caprolactam | Twelve thousand three hundred and seventeen | Twelve thousand and six hundred | Two hundred and eighty-three | Yuan / ton |
| PA6 (medium viscosity: 2.75-2.85) | Fourteen thousand two hundred and thirty-three | Fourteen thousand six hundred and sixty-seven | Four hundred and thirty-four | Yuan / ton |
| Nylon FDY (40D/12F) | Nineteen thousand and seven hundred | Nineteen thousand and seven hundred | Zero | Yuan / ton |
| Nylon DTY (70D/24F) | Seventeen thousand eight hundred and sixty-seven | Eighteen thousand and thirty-three | One hundred and sixty-six | Yuan / ton |
| Nylon POY (86D/24F) | Fifteen thousand five hundred and eighty | Fifteen thousand seven hundred and forty | One hundred and sixty | Yuan / ton |
During the Mid Autumn Festival, Saudi Arabia's oil production was attacked. Crude oil rose sharply at the beginning of the week, and the price of chemical products increased. The price of cyclohexanone rose by 575 yuan / ton during the week, and the spot supply of the factory was normal and the price was low. September 17th, Sinopec September caprolactam listing price increased 500 yuan / ton to 13200 yuan / ton, and recently, caprolactam factory stock is not high, spot prices follow up. The cost is optimistic, but there is no obvious improvement in downstream demand. Some manufacturers are under pressure to raise the price of nylon. But crude oil production resumed news to curb the rise, expected raw material price adjustment, some manufacturers short term inventory and support, the factory price has not yet been adjusted.
The price chart of nylon POY and upstream raw materials shows that the price of cyclohexanone and PA6 has risen sharply in recent years, and the raw materials have been increasing in a small way. Raw material prices rose slightly, nylon manufacturers said, look again, until the rally is obvious, the price will dare to go up. Under the suppression of downstream demand, nylon prices fluctuate slowly, and price stabilization is normal.
Business analysts believe that the price of nylon filament is up to cost pressure. Crude oil support is relatively short, the downstream demand problem has to be solved, the cost is expected to be callback later, and the price of filament will stabilize.
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