In June, influenced by upstream raw materials, the price trend of nylon filament first rose and then fell in June. In the middle and early June, due to the strong rise in the upstream raw material market and the increased pressure on cost support, the market trend of nylon filament remained high after the rise in May. In late June, the price of nylon filament fell along with the raw materials. On the supply and demand side, the on-site supply of goods remained stable, the downstream end market demand continued to be weak, the enthusiasm for taking goods was not high, and most downstream customers lacked confidence in the future market. The overall market wait-and-see atmosphere was thickened, and the trading atmosphere was not prosperous.
| PVA 1799 (PVA BF17) |
Market price trend
Nylon price chart
Price trend of nylon POY (86d/24f)
From the perspective of price trend, the price of nylon filament first rose and then fell in June. According to the price monitoring of the business club, the price of domestic nylon POY (superior product; 86d/24f) fell by 75 yuan / ton from 18250 yuan / ton at the beginning of the month to 18700 yuan / ton in the middle of the month, and then to 18175 yuan / ton at the end of the month, a decrease of 0.41%.
The price of nylon DTY (premium product; 70d/24f) fell by 220 yuan / ton, or 1.07%, from 20480 yuan / ton at the beginning of the month to 20920 yuan / ton in the middle of the month, and then to 20260 yuan / ton at the end of the month.
The price of nylon FDY (premium product: 40d/12f) fell by 325 yuan / ton, or 1.79%, from 21000 yuan / ton at the beginning of the month to 21425 yuan / ton in the middle of the month, and then to 20625 yuan / ton at the end of the month.
Upstream raw material Market
Price fluctuation chart of nylon filament industrial chain
Raw material cyclohexanone: the domestic cyclohexanone market rose and fell in June. According to the monitoring data of business agency, the average market price of domestic cyclohexanone at the beginning of the month was 11610 yuan / ton, and at the end of the month (as of June 27), the average market price of domestic cyclohexanone was 10900 yuan / ton, a decrease of 6.12% in the month and a year-on-year increase of 7.07%. At the beginning of the month, the domestic cyclohexanone market was strong and upward, and the cyclohexanone market rose significantly with the support of strong costs; In the middle and last ten days of the month, the domestic cyclohexanone market continued to decline, the spot price of raw material pure benzene fell back, the cost side lacked support, the downstream chemical fiber demand was weak, the market supply was abundant, the shipment was obviously blocked, and the price continued to fall.
| PVA |
Raw material caprolactam: in June, the price of caprolactam followed that of crude oil, rising first and then falling. According to the monitoring data of the business community, the cost support began to weaken in the middle of June. The price of caprolactam fell from 14833 yuan / ton in the middle of the month to 13800 yuan / ton at the end of the month. Some manufacturers stopped production for maintenance, and the supply of caprolactam decreased. The downstream demand is insufficient, and the procurement is cautious. According to the caprolactam analysts of the business club, the cost price of caprolactam has been lowered, the supply and demand are both weak, and the market is mainly bad. The downstream demand is low and the load is reduced. In the absence of favorable conditions, it is expected that the caprolactam market will continue to decline in the short term.
Supply and demand market
On the supply side, the start-up of nylon production plants remained high, but the on-site spot supply remained sufficient, and some manufacturers had inventory pressure. In addition, the demand for downstream terminals is still weak, the overall enthusiasm for taking goods in the field is not good, and the follow-up of new orders is limited; It is difficult to make a deal on the floor. On the whole, there is still great pressure on the imbalance between supply and demand in the nylon filament market.
Aftermarket forecast
In general, the raw material end continued to fall in the middle and late ten days, the supply of goods was sufficient, the demand end continued to be weak, there was no too much positive feedback at the end, and the market was mainly bad. Analysts from the business community predicted that the price of nylon filament would be weak and lower in the later period.
| http://www.pva-china.net |