In China, nylon FDY70D/24F SD and FDY40D prices both fell US cents 8 in the last week of November. Nylon DTY prices were stable with 70D/24F and 30D/10F offered flat on the week.
Monofilament 30D prices were steady while nylon staple fiber 1.5D prices rolled over during the week.
Nylon filament yarn prices were stable to soft amid range-bound raw material cost during the week. Market largely remained range bound supported by stable chip prices and modest demand. Buyers followed up actively, however high offers could hardly attract the interest. Industrial run rate was at 78%, with capacity at around 3.5 million tons a year.
Overall, nylon yarn prices are likely to range bound in coming weeks.
Courtesy: Weekly PriceWatch Report
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