Nylon: after the Holiday Resumed Work, Oscillation Fluctuations

Since the resumption of work after the year, caprolactam manufacturers have lowered the negative device to raise the load, but most of the lowered negative, although the polymerization plant started to improve the priority consumption of low-priced inventory, and the post-holiday price probe up, manufacturers are more resistive, no new orders to follow up.

The average price of conventional spinning light slices this month is 15,593 CNY/ton, compared with the average price last month fell 0.07%, compared with last year rose 16.24%.

Slice factory small negotiation shipments, by the role of cost support pressure, nylon silk market intentions to explore up, most manufacturers offer up, low prices to sell, but the downstream terminal market recovery is slow, new orders to follow up less, the actual transaction is limited.

In the second half of the month, caprolactam manufacturers shipping pressure increased, coupled with a slight decline in costs, upstream and downstream are no good support, the spot market prices under pressure, while contract prices remain high, some factories turned to spot transactions, polymerization plant low a small amount of just need to purchase, coupled with the nylon market demand is not strong, polymerization plant shipments are blocked, the offer continued to be adjusted downward.

In order to consume the previous increase, nylon silk manufacturers flexible price adjustment positive shipments, but the end customer buying gas is not good, slightly struggling to go; near the end of the month, the cost of strong shocks, caprolactam manufacturers still have resistance to ship, but there are individual manufacturers driven by the market atmosphere, a small probe up, the market transaction atmosphere is flat, the downstream side of the wait-and-see.

Future market forecast

Domestic nylon market narrow adjustment, the upstream raw material market is weak oscillation, the cost support role can still be maintained, the field supply of goods basically remain stable, nylon manufacturers said active shipments to relieve the pressure on inventory, the downstream terminal market is to continue to just buy, cautiously follow up, the overall market on the market is cautious wait-and-see mentality.