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Nylon yarn price rolls over in China

YarnsandFibers News Bureau 2015-10-13 09:15:26 –

In the last week of September, semi-dull FDY70D/24F prices were flat in China while FDY40D were stable. Nylon DTY 70D/24F prices rolled over while DTY 30D/10F remained unchanged.

Monofilament 30D was pegged at US$2.67-2.90 a kg and 1.5D staple fiber were at US$2.43-2.52 a kg.

Nylon filament yarn markets were firm on the back of depleted margins and range-bound raw material prices amid steady crude oil and benzene. Despite downstream purchase, there were little call for higher prices on the back of snug liquidity.

Nylon-6 FDY market saw no price hike amid sluggish demand against better raw materials. Nylon-6 POY prices were also stable on the back of firm chip prices against tepid demand.

Nylon-6 DTY market stabilized amid steady raw materials and moderate demand from downstream.

Courtesy: Weekly PriceWatch Report

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