In China, FDY70D/24F SD prices surged US cents 10-14 a kg in the first week of June, while FDY40D jumped US cents 10 a kg on the week.
DTY prices were also up US cents 10 a kg and 30D/10F climbed US cents 11 a kg on the week.
Monofilament 30D prices rose sharply by US cents 48 a kg while nylon staple fiber 1.5D prices jumped US cents 22 a kg on the week.
Nylon filament yarn prices surged on the week given the rising cost and improved market confidence. Moreover, the market has the potential to further climb as buyers stock up volumes amid rigid demand. Nylon yarn makers kept stable operation, implying ample supply. Downstream converters also maintained stable operation with the off season drawing near.
Warp?knitting, weaving and AJ covering sectors operated at 70% while circular?knitting mills and lacing mills were running at 50%, implying modest demand for nylon yarn.
Courtesy: Weekly PriceWatch Report
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
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