According to statistics from SunSirs, the domestic nylon market has been running smoothly this week (August 16-20). As of August 20, the price of nylon filament DTY (high-quality product; 70D/24F) in Jiangsu is 20,220 yuan. / ton; the price of nylon POY (high-quality product; 86D/24F) is quoted at 17,775 yuan / ton; the price of nylon FDY (high-quality product: 40D/12F) is quoted at 20,800 yuan / ton, which is the same as last week’s price.
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
Polyamide upstream raw material cyclohexanone market The market is mainly consolidating. According to SunSirs monitoring data, from August 9 to August 20, the average price of cyclohexanone in the domestic market rose from 10,220 yuan/ton to 10,240 yuan/ton, an increase of 0.20%, which was basically stable.
The domestic market of the upstream raw material PA6 has been running smoothly this week, and the spot price has fluctuated greatly. As of August 19, 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 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
8 Since last month, the price trend of nylon has basically remained stable, with mainly 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 cost end support is stable, the supply on the market remains stable, the terminal demand for nylon has not improved significantly, most downstream companies maintain normal demand for goods, the order support is limited, the enthusiasm for purchasing goods is not high, the actual trading atmosphere on the market is dull, manufacturers The willingness to support the price is strong, but the market mentality is mainly bearish. It is expected that the spot price of nylon will be mainly stable in the short term. </p
