Polyamide or nylon prices surge on modest demand

YarnsandFibers News Bureau , 05-03-2019 13:11 -

Nylon or polyamide chip (nylon-6) prices moved up in the second week of February in line with higher CPL cost. In China, offers for nylon chip prices were raised driven by surging raw materials cost during the week. Most of the downstream mills had previously stocked up materials before holidays. However, inventory level is low post-holiday and it is likely that nylon chip producers may increase their run rates to fill the inventory levels.

Caprolactum (CPL) prices in Asia surged despite weak benzene markets during the week. In China, CPL prices jumped significantly in the week on modest demand post-New Year holidays. Overall, CPL prices may inch up further in coming weeks.

Nylon filament yarn prices were stable-to-up amid rising caprolactum and nylon chip prices during the week. However, yarn prices did not move as significantly as the raw materials markets. In China, nylon FDY70D/24F SD prices were up US cents 2 a kg on the week, while FDY40D rose similarly during the week.

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
Egypt wants to be a textile hub  
  19 Sep , 2019 Read full story  
Advance textiles recycling in Finland  
  19 Sep , 2019 Read full story  
Schoeller introduces ProEarth biodegradable polyester  
  19 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