According to the statistics of the business agency, as of October 15, DTY of nylon filament in Jiangsu was reported at 15100 yuan / ton, up 2.26% compared with October 1, and 16.27% lower than that on October 1; the price of nylon POY was 12740 yuan / ton, 1.59% higher than that on October 1, and 18.75% lower than that on October 1; the price of nylon FDY was 15850 yuan / ton, 1.60% higher than that on October 1 and 19.54% lower than that on October 1.
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In the early ten days of October, the international crude oil price rose sharply and fell slightly. As of October 14, WTI crude oil price was 41.04 USD / barrel, up 5.99% from the beginning of October. International oil prices rebounded sharply, while cyclohexanone rose. Shandong cyclohexanone market offer 5750-5850 yuan / ton, East China cyclohexanone offer price 6000-6100 yuan / ton, the market trading atmosphere is light. Sinopec’s settlement price of caprolactam in September 2020 is 9700 yuan / T. The supply of caprolactam increased in September. Due to the oversupply, the inventory pressure increased and the overall price was weak. The downstream transaction atmosphere is warming, polyester staple fiber two consecutive trading limits boost market confidence, short-term caprolactam is expected to rise. As of October 15, PA6 rose by 4.79% in October.
Recently, many foreign textile export enterprises can not guarantee delivery due to the epidemic situation, and many orders are transferred to China for production, and nylon manufacturers are booming. Textile market turn, nylon filament transaction hot. Some enterprises said that they couldn’t help themselves and the market was turning rapidly. The old customers may have difficulties in delivery and are unable to receive orders from new customers. The prices have risen and risen again. The contracts are subject to the quotation of the same day. It seems that the industry has really entered the “Silver decade” season in the short term. However, the impact of the transfer of orders to China is limited. After all, the prospect of trade environment under the epidemic situation is unknown. Therefore, some enterprises have not made major adjustments and are in a wait-and-see situation.
Business agency analysts believe that in the half of the “silver 10″ quarter, nylon filament in the raw material boost, as well as orders to warm up, the end of September’s decline. However, from the perspective of the overall price adjustment strategy, the price increase range is 200-500 yuan / ton, and the pace is still relatively conservative. Although the enterprise has stated that it is imperative to increase the price, there is no lack of the flavor of guaranteed price promotion, which is expected to continue to rise in the short term.
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