Nylon yarn price climbs in China

YarnsandFibers News Bureau 2016-03-29 04:05:42 –

In China, semi-dull FDY70D/24F prices inched up US cent 1 a kg in the fourth week of March while FDY40D were flat on the week.

Nylon DTY 70D/24F prices were up US cents 2 a kg while 30D/10F prices were up US cents 5 a kg.

Monofilament 30D prices inched up US cents 5 a kg while 1.5D staple fiber was stable during the week.

Nylon filament yarn markets continued to remain under inventory pressure limiting any price hike despite cost on caprolactum and nylon chips were rising. Yarn makers had ramped up operating rate amid slow rising demand.

In non-textile yarn sectors, cord fabric makers were struggling to make two ends meet and as a result, run rate was capped at low level. Downstream circular-knitting mills, weaving mills and covering mills were operating at just above half capacity while warp-knitting mills were running over 80%.

Courtesy: Weekly PriceWatch Report

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