Nylon market remains steady on firm input cost

In China, nylon FDY70D/24F SD prices were steady in the first week of December, while FDY40D was unchanged on the week. Nylon DTY prices were also flat during the week.

Monofilament 30D prices were down US cent 1 a kg on the week while nylon staple fiber 1.5D prices were slightly up during the week.

Nylon filament yarn prices remained range-bound on firm raw material cost during the week. Market largely remained unchanged supported by stable chip prices and modest demand. Buyers followed up actively, however high offers could hardly attract the interest. Demand was on a need-to basis.

Overall, nylon yarn prices are expected to range bound in coming weeks.

Courtesy: Weekly PriceWatch Report

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