Nylon-6 chip prices see mixed trend while supply was still high

YarnsandFibers News Bureau , 08-11-2018 13:15 -

In China, bright conventional spinning nylon-6 prices rose US$10 a ton in the week ended 26 October 2018 while semi-dull high-speed spinning chip was down US$4 a ton on the week.

Nylon or polyamide chip prices were mostly down amid low feedstock cost in the week. In China, offers for semi-dull nylon chip declined but the drop slowed down that week week as buyers started to bottom-fish.

Market confidence in chip market was dull and thus producers tended to lower the offers. However, downside margin of chip market was smaller amid losses. Meanwhile, plant run rates increased to 77% in the week.

Overall, nylon chip prices may dip in coming weeks.

Courtesy: Weekly PriceWatch Report

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, cost of nylon, nylon 6 price, nylon chips prices, nylon cost, nylon filament yarn prices, Nylon prices, nylon prices in China, nylon-66 price, polyamide chips price

Let Us Know Your Need
click here icon
Pricewatch Enquiry
Word Verification
News & Views
India to benefit from the imposition of US duties on Chinese imports  
  16 Sep , 2019 Read full story  
Abercrombie Textiles aquired by Crypton  
  16 Sep , 2019 Read full story  
Increasing revenue and shrinking profits for Chinese garments  
  16 Sep , 2019 Read full story  
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
Special Reports
Country Reports
    Who have subscribed this report
    Live Chat online
    feedback button