Price trend

Nylon price chart

According to the statistics of business news agency, as of May 28, the price of nylon filament DTY in Jiangsu was 19860 yuan / ton, up 600 yuan / ton from the beginning of May; The price of nylon POY was 17400 yuan / ton, up 600 yuan / ton from the beginning of May; The price of nylon FDY was 20000 yuan / ton, up 550 yuan / ton from the beginning of May. From the price trend point of view, the whole may, nylon price high shock first rose and then fell.

Upstream cost impact

Cyclohexanone price chart

According to the monitoring data of business news agency, the price of upstream cyclohexanone was at a high level in May as a whole. It rose from the first ten days of May to the last ten days of May and fell to a high level in the middle of May. On May 14, the average market price of cyclohexanone was 11220 yuan / ton, up 13.10% month on month and 93.45% year on year. As of May 28, the average market price of cyclohexanone was 10640 yuan / ton, 580 yuan / ton lower than that in mid May. The upstream and downstream support was weak, the wait-and-see mood was high, the pressure of cyclohexanone was high, and the transaction center was frustrated. Business community cyclohexanone analysts predict that the domestic cyclohexanone market will be weak in the short term.

PA6 price chart

Raw material PA6: in early May, the domestic PA6 market was active, and the spot price rose significantly. As of May 18, the mainstream offer price of sample enterprises for Zhongyou 2.75-2.85 was about 15666.67 yuan / ton, up 5.62% from the average price at the beginning of the month and 37.83% from the same period last year. On May 25, the domestic PA6 market fell, and the spot price dropped significantly. As of May 25, the mainstream offer price of sample enterprises for CNMC 2.75-2.85 was about 15166.67 yuan / ton, with a one-day drop of 2.15%, up 31.12% over the same period of last year. On May 25, the upstream caprolactam market of PA6 stagnated and turned to decline, and the recent cost side support guidance market of PA6 suffered a drastic reduction. Generally speaking, the current PA6 market is short, and the spot price is expected to continue to fall.

Market demand factors

According to a number of manufacturers, downstream demand for nylon is not high, most downstream enterprises maintain normal just need to take goods, mainly small orders, weak market transactions, basically in a situation of no market price, sufficient supply of goods on the floor, increased inventory, some manufacturers start to adjust, upstream and downstream parties have a cautious attitude towards the future market.

3、 Future forecast:

The terminal demand has not improved significantly, most downstream enterprises keep normal, just need to take goods, order support is limited; The upstream raw material cost is high, once the raw material cost support collapses, nylon filament is not immune. It is expected that the domestic nylon price will be high and weak, and the price will drop slightly in the short term.