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Nylon price rolls over in Asia

YarnsandFibers News Bureau 2016-07-12 05:53:55 –

In China, semi-dull FDY70D/24F prices rolled over in the last week of June while FDY40D were flat on the week. Nylon DTY 70D/24F prices remained unchanged while 30D/10F were stable during the week. Nylon staple fiber 1.5D prices were steady while monofilament 30D prices were flat on the week.

Nylon filament yarn prices rolled over on the back of firm nylon chip and caprolactum cost, with low?end prices goods less available. With cautious operation intentions and weak buying interest, sales and production were still under pressure amid off-season.

In China, nylon yarn units were operating at 70% amid cautious mentality. Facing heavy operational pressure and thin profit margins, some suppliers were expected to carry out mild production cutbacks in Q3 with slack season drawing near.

Courtesy: Weekly PriceWatch Report

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