Nylon chips price jumps in China

In China, bright conventional spinning nylon-6 prices surged US$45 a ton in the fourth week of May while semi-dull high-speed spinning chip were up US$45-60 a kg on the week.

Nylon chip markets fluctuated upward on back of recovering caprolactum prices and flat to down crude oil and benzene cost. Although caprolactum markets lost steam late in the week nylon chip markets saw cautiously upbeat picture ahead. Demand was modest as converters kept stable operation, leading to rigid demand for nylon chip.

Non?textile yarn sectors, cord fabric makers enjoy decent liquidity while staple fiber markets saw relatively soft demand while monofilament market was covered with favorable atmosphere.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

4 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

4 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

4 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

4 years ago