Nylon yarn price has experienced three stages. The first stage is after the spring festival, both upstream and downstream market of nylon yarn shows a big demand. Its feedstock price like CPL and nylon chips keep a stable increase, hitting new peaks one after another and as a result, boosting nylon yarn price up. The second stage is when it comes into June. For the twofold cumbrances of the upstream feedstock price lowering down and downstream demand weakens, nylon yarn price fall back to the bottom point of the year. The third stage is when downstream market demand picks up and upstream feedstock price increases, nylon yarn price stably rebound. For example, FDY semi-bright 70D/24F is offered at 33400-34000CNY/t, DTY semi-bright 70D/24F is offered at 36500-36700CNY/t.
Currently, nylon yarn price keeps a stably increase.
Upstream feedstock price keeps firm.
See from upstream feedstock price, its prophase feedstock Eastern Europe CPL price is rising all the way to $3500-3520/t, the rise is nearly to $400 and the amount of the increase is 12%. See from China’s spots price, the mainstream strike price is around 28000-28200CNY/t, comparing with 25500-25800CNY/t, the lowest point of 2011, the increase amount is about 10%. Market source forecasted that the price of CPL will be stabilized. Recently, with a price drop of the bulk goods, CPL price is hard to keep increasing, so it will step into a consolidation period.
In eastern China market, conventional chips price is stroke at a low price of 26500-27000CNY/t in the beginning of June, and after an up regulation, the price keeps stably around 29100-29700CNY/t.
Seasonal factor boosts downstream fabric demand.
Autumn and winter fabric sale comes into its busy season in September. Golden September and Silver October is the best description for the fabric market situation. See from nylon fabric, its downstream demand has been notably enlarged, with a lively trade atmosphere and as for the mixed woven fabric of nylon yarn, like N/C silk, nylon taffeta, nylon taslon, N/T fabric and so on started a good sale with the autumn and winter garments demand increases. Recently, N/C silk, nylon taffeta series fabrics enjoy a good sale in the China oriental market, such as 300T dull nylon taffeta and N/C silk. It is estimated that the market demand will continue increase following up. Recently, nylon products price keeps firm, which in return, supports the nylon yarn price.
At present, there is still a big gap of nylon yarn between the current price and the peak at the beginning of the year. But in compare with the previous low ebb period and also the same time last year, there is a relative big increase amount. Generally speaking, nylon yarn price keeps a slightly upward trend.
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