Nylon yarn price remains stable in Asian market

YarnsandFibers News Bureau 2016-02-24 09:59:09 –

In China, semi-dull FDY70D/24F prices rolled over while FDY40D were stable in the second week of February.

Nylon DTY 70D/24F prices remained unchanged while 30D/10F prices were steady on the week.

Monofilament 30D prices rolled over US$2.37-2.60 a kg while 1.5D staple fiber were at US$2.07-2.17 a kg.

Nylon filament yarn markets were flat on the back of stable caprolactum and nylon chips prices. However, lower offtake and slower demand with inventory at 25-30 days’ worth pushed the markets into dull atmosphere amid Lunar New Year holidays.

In nylon-6 FDY market, prices moved sideways amid stable raw materials and lax demand from warp-knitting mills while nylon-6 POY market saw prices sustained the weakness amid tepid demand.

Nylon-6 DTY markets were range bound amid moderate demand from downstream. Overall, nylon yarn prices are possible to move sideways amid slow liquidity.

Courtesy: Weekly PriceWatch Report

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