The price of nylon filament decreased slightly in the first ten days of August

According to statistics, the price of nylon fiber decreased by RMB 1.2578/t/dty, down by RMB 1.2578/t compared with the same period of last month, and the price of nylon fiber decreased by RMB 1.2578/t compared with the same period of last month.

 

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US crude oil inventory decreased significantly, combined with the weakening of the US dollar, crude oil prices continued to rise, and pure benzene rose. Cyclohexanone in the cost support, the same upward, traders trading atmosphere is relatively stable, price adjustment is not much, more small single transactions. On August 11, Sinopec raised the advance collection price of caprolactam by 100 yuan to 9700 yuan / ton due to the recovery of upstream and holding price.

 

As of August 12, the price of cyclohexanone increased by 100 yuan / ton or 1.78%, caprolactam price decreased by 150 yuan / ton, or 1.57%, and PA6 decreased by 67 yuan / ton, or 0.61%. Although the raw materials have different degrees of recovery, but the demand of downstream slicing plants is weak, and most of them are based on bargain hunting strategy. The improvement of PA6 trading volume is limited. Businesses are generally bearish on the future market, and the operation of reducing profits and reducing stocks is the main operation. Most nylon manufacturers keep the price for shipment. From the perspective of raw material cost recovery, the price holding situation of manufacturers increases. Some manufacturers have a small price adjustment in July. In August, they cater to the market, and the quotation center shifts downward. Trading is limited, wait-and-see mentality is strong, bargain hunting, small-scale procurement is still the main operation strategy.

 

Business agency analysts believe that in early August, nylon filament prices continue to be weak adjustment, but crude oil rose steadily, upstream raw material price support is strong, nylon is expected to be stable in the short term.

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