According to statistics from Business News, as of January 28, the DTY report of nylon filament in Jiangsu 16533 yuan/ton, down 467 yuan/ton from the beginning of the month, a decrease of 2.75%, and a year-on-year decrease of 1.78%; the price of nylon POY was reported at 14180 yuan/ton, a price decrease of 320 yuan/ton, a decrease of 2.21%, and a year-on-year decrease of 0.98%; nylon FDY The price was reported at 18,066 yuan/ton, a decrease of 200 yuan/ton, or 1.09%, and a year-on-year increase of 0.37%.
In January, the external market news was good and crude oil prices rose. As of January 27 , WTI crude oil price settled at US$52.85/barrel, an increase of 9.19% from the price in early January. The downstream purchases of cyclohexanone are mainly for immediate needs, logistics and transportation have increased, and prices have stabilized in the second half of the month. The supply of caprolactam has increased, and the quotations have been continuously reduced in the first half of the year. In the second half of the month, the operating rate of some devices decreased, caprolactam prices rebounded, and the overall price fell. Supply and demand may have reached a balance before the year. Domestic downstream purchases of raw materials in the early stage have high inventories. Enthusiasm for pre-holiday stocking has cooled down. Spinning operations have been adjusted back. Manufacturers are resistant to the high-end chip market, and the sales market is rational.
The quotation of nylon filament has been adjusted back. The support for new orders from manufacturers is weak, with funds mainly withdrawn from the market before the year. Affected by the decline in raw materials, nylon filament began to fall back, and some companies continued to downgrade their quotations, while some companies may maintain stable pre-holiday prices. Due to the early recovery of textile orders and stocking up before the year, nylon and its raw materials have shown a good upward momentum. However, due to concerns about the uncertainty of the trade environment, companies are cautious in purchasing raw materials and mostly produce according to orders.
The popularity of stocking before the holiday has cooled down, and factories have gradually entered a stage of steady production. Procurement is cautious and rigid demand is the main focus. The supply of raw materials is acceptable, cost pressure has eased, and filament manufacturers are accepting orders at a discount. It is expected that nylon filament yarn will run stably but weakly before the holiday. </p
