Nylon filament is in a weak position and the price is down (April 7)

On April 7, nylon filament continued its weak operation, and the price fell slightly. The supply of goods on the site is sufficient, the trading atmosphere is general, and the downstream end customers lack confidence in the future market, which still needs to be followed up.

 

Thiourea

Nylon price chart

 

Price trend of nylon POY (86d / 24F)

 

According to the price monitoring of business agency, as of April 7, 2022, the price of nylon filament DTY (superior product; 70D / 24F) in Jiangsu Province was 19780 yuan / ton; The quotation of nylon POY (superior product; 86d / 24F) is 17225 yuan / ton; The price of nylon FDY (superior product: 40d / 12F) is 20600 yuan / ton.

 

Outlook

 

Downstream purchase on demand, general demand, sufficient supply of goods on site, inventory pressure of some manufacturers, and cautious wait-and-see in the industry. Business analysts expect the nylon filament market to remain weak in the short term.

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