If Nylon Market Continues To Rise, Wait For Terminal Demand To Resume Further.

1. Nylon DTY

The price chart

Two, market analysis

According to monitoring, by the end of September 29th, the mainstream price of domestic nylon DTY70D/24F increased to 17000-18000 yuan / ton.

In the month, the market of nylon market was narrow, the raw material slicing market was weak, the cost pressure of nylon manufacturers was still large, the offer was strong, and the downstream construction started to pick up again, which led the market to pick up slightly. The focus of market pactions was temporarily stabilized. At present, the nylon manufacturers are nearly 6-7.

Jiangsu and Zhejiang Fujian market half light FDY40D/12F asking price 17500-18500 yuan / ton June non payment arrears; Fujian area HOY40D/12F mainstream quotation 16500-17000 yuan / ton; Haian Changshu area POY86D/24F market price 14000-14500 yuan / ton, June accepted non arrears.

Nylon upper reaches of caprolactam market is weak in finishing, with light trading on the spot, low stocking intentions downstream, low inventory of manufacturers, narrow focus on finishing pactions.

At present, the main stream of the liquid market in East China talks in 11200-11300 yuan / ton, which is delivered in June; the atmosphere of exchange and investment in the solid market is still available, the center of gravity is stable, the low-end goods are discussed at 12000-12100 yuan / ton, the present money is sent to the downstream terminal.

The total market started 6 in the vicinity, the round machine lace wrapped yarn field started up to about 4-6, warp knitting empty bag started 7 into the vicinity, the market supply and demand pressure eased slightly.

According to the statistics of the General Administration of customs, the import of nylon filament in August 2016 was 5109.8 tons, up 10.7% from the previous month, and the unit price of imports was 2728.5 US dollars / ton, and exported 2694.8 tons, up 0.6% from the previous month, 2348 US dollars per ton of export price, 580.5 tons of nylon staple imports, 27.2% lower than last month, import price of 4890 US dollars / ton, export 211.6 tons, an increase of 39% last month, and export unit price of US dollars / ton.

In August 2016, the supply and demand index (BCI) of commodities was 0.26, or 1.58%, reflecting the expansion of the manufacturing economy last month and the smooth operation of the economy.

Three, the forecast for the future market

Analysts believe that although raw slicing market is weakening,

The cost pressure is still high, and the downstream demand slightly supports the strong trend of nylon market. If we want to continue the trend of the nylon Market and wait for the terminal demand to further recover, we expect that the price of nylon will be increased cautiously in October, and we need to pay close attention to the upstream and downstream demand.