The upstream raw materials of nylon are running weakly, the supply is sufficient, the transaction atmosphere on the demand side is light, and manufacturers are actively raising prices. On November 25, the domestic nylon market continued to consolidate weakly. According to the price monitoring of the business community, as of November 25, nylon DTY (high-quality product; 70D/24F) in Jiangsu was quoted at 20,320 yuan/ton, which was stable compared with the price on the 24th; nylon POY (high-quality product; 86D/24F) was quoted at 18,100 yuan/ton. / ton, the price is stable compared with the 24th; the price of nylon FDY (high-quality product: 40D/12F) is reported at 21,700 yuan/ton, basically stable, down 50 yuan/ton from yesterday’s price.
Nylon DTY price chart
At the upstream cost end, the cyclohexanone market in the South China market is weak and downward. The downstream demand is average and the market transaction atmosphere is weak. The price of cyclohexanone in the South China market is 10,600-10,700 yuan/ton, and cash is delivered. The cyclohexanone market in East China is running weakly, and the market supply is abundant.
On the demand side, downstream cities are purchasing on demand, companies are operating at a low level, users are not receiving goods well, and there is a lot of wait-and-see atmosphere in the market.
In the case of weak operation of upstream raw materials, the supply of goods is sufficient, the transaction atmosphere on the demand side is light, and manufacturers are actively raising prices. It is expected that the spot market of nylon will be mainly weak in the short term.
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