According to the statistics of the business agency, the nylon market was affected by the raw material market in mid September, and the nylon price rose sharply. This week (September 20-26), the nylon spot price rose steadily, and the market remained high. As of September 26, the price of nylon filament DTY (excellent product; 70D / 24F) in Jiangsu was 20820 yuan / ton, up 100 yuan / ton from last week; The quotation of nylon POY (superior product; 86d / 24F) is 18325 yuan / ton, which is the same as that of last week; The price of nylon FDY (superior product: 40d / 12F) was reported as 22166 yuan / ton, up 166 yuan / ton compared with last week.

Nylon price chart

From the perspective of price trend, since September, the overall operation of the domestic nylon fabric market has been relatively stable and rising steadily. The demand of domestic nylon spinning enterprises recovered slightly, and the goods were prepared in advance. The transaction turned better, which was conducive to reducing the inventory of nylon chips. With the report on September 14, the quotation of Sinopec’s high-end caprolactam increased by 500 to 16000 yuan / ton this week. On September 15, nylon manufacturers raised their prices one after another. The quotation generally increased by 800-1000 yuan / ton, especially nylon FDY. Some manufacturers increased by 1500 yuan / ton. After a round of sharp rise, the high level of raw material side remained stable, the demand side did not improve significantly, the spot price of nylon rose steadily, and the high level of the market remained firm.

The price range of upstream raw materials remained stable at a high level

PA6 is the main raw material of nylon civil silk. As of September 26, the domestic market of PA6 was at a high level and stable. The mainstream offer price of sample enterprises for PA6 medium viscosity 2.75-2.85 is about 17400 yuan / ton, which is the same as that of last week. Cost side caprolactam has strong support for PA6, and the high spot price range of PA6 remains stable. The demand of downstream enterprises is general, and the on-site trading performance is acceptable. The overall domestic inventory increased slightly, but the operating rate of the industry is generally low. It is expected that the spot price of PA6 may be high in the short term.

The supply of cyclohexanone, the upstream raw material of nylon, is tight, the downstream chemical fiber demand has improved slightly, the solvent just needs to take the goods, and the cyclohexanone market is running smoothly. This week, the listing of pure benzene was lowered by 200 yuan / ton, the cost support was weak, and the supply of cyclohexanone was tight. According to the statistics of business agency, the average market price of cyclohexanone in China was 12880 yuan / ton as of September 26. The downstream demand has improved slightly, and it is expected that the short-term cyclohexanone horizontal consolidation will be the main.

Downstream market demand

On the demand side, with the arrival of the traditional peak season, the demand in the downstream market is a little large. According to the Convention, the market trading atmosphere will pick up before the national day. After the national day, with the further release of downstream orders, there are too many uncertainties in the market this year. Market participants need to be cautious whether this wave of market is hoarding goods to rise or the real peak season is coming.

Future forecast

At present, the nylon filament market is supported by raw materials and the high price remains firm. With the stimulation of the signal in the traditional peak season, the demand side has not improved significantly. Most downstream enterprises just need to take goods, the order support is limited, the enthusiasm for taking goods is not high, and the actual trading atmosphere in the venue is not high. Business analysts believe that nylon prices may be high in the short term.