According to the statistics of the business agency, as of November 25, the price of nylon filament DTY in Jiangsu was 16000 yuan / ton, which was 100 yuan / ton higher than that of last week, or 0.63% or 6.43% lower than that of last week; the price of nylon POY was 13500 yuan / ton, up 140 yuan / ton, up 1.05%, down 8.66%; the price of nylon FDY was 16750 yuan / ton, down 10.67% year-on-year.
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Recently, the price of crude oil has risen sharply, which is beneficial to the products of chemical industry chain. As of November 25, WTI crude oil price settlement price was 45.71 USD / barrel, 8.81% higher than November 18 price. On November 22, the listed price of pure benzene was 4150-4550 yuan / ton, 4.88% higher than last week. There is support for caprolactam at the raw material end. Recently, the settlement price of Sinopec high-end caprolactam in November was 10650 yuan / ton, which was 850 yuan / ton higher than that in October. At present, the inventory of caprolactam is low, and although the operating rate of downstream PA6 is high, the current price of PA6 is rising and falling, which affects market confidence and hinders the enthusiasm of downstream factories to replenish goods. On the other hand, caprolactam has more than 80% of the operating load. With the increase of supply, it may limit the future market growth.
Although the price of raw materials has been increased, and the enterprise informed the downstream cost rise news, in order to stimulate its purchase, but most nylon manufacturers did not actually adjust the price. Nylon orders support general, coupled with raw material prices skyrocketing, procurement is more cautious, filament prices. With the increasing pressure of raw material supply, caprolactam and PA6 both rose and fell back, which deepened the wait-and-see sentiment of the market again, and the price of industrial chain products fell back.
Business agency analysts believe that crude oil rose sharply, nylon related chemical products rose accordingly. The supply of raw materials is expected to increase, and the quotation has shown signs of callback, so the enthusiasm of the factory to replenish the warehouse is general. Nylon manufacturers are expected to continue to hold prices in the short term, with the possibility of rising raw materials.
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