Nylon Market Outlook Is Not Optimistic.

Recently, although the international crude oil shock has gone up, pure benzene has also been pushed up slightly, and the price of CPL has been strong. However, because of the weak demand in the lower reaches, the space for upstream raw materials to rise is limited.

The trading atmosphere is also in the doldrums, causing the price of mainstream manufacturers to continue to decline. At present, the market price of nylon cord fabric is reduced to around 27000-28500 yuan / ton, compared with the beginning of July, it dropped by 500 yuan / ton.

Lack of momentum for upstream raw materials

Since August, the raw material CPL market is basically in a stable state. The mainstream price of CPL yuan spot is stable at 18100-18300 yuan / ton; caprolactam gold plate market is flat, the Eastern European goods mainstream price is 2280-2300 US dollars / ton, but the market paction is not active, the trading atmosphere is still light.

Raw material CPL market price is plain, so that the promotion of nylon slicing products is not enough, and the price increases are suppressed. The price of nylon slicing market is maintained at present, and the fluctuation is not large.

The price of the regular spinning and slicing market in the East China region is stable at 19500-20000 yuan / ton cash, and the high-end goods of Zhejiang polyamide high-speed spinning and slicing are maintained at 21000-21200 yuan / ton in March.

Downstream sales are still weak and demand is difficult to upgrade.

The prices of nylon products in the downstream market have stabilized, but the market demand has been weakening.

On the POY side, the price of the nylon low-end POY85D/24 market in Jiangsu and Zhejiang provinces is 22500-23000 yuan / ton cash, the market trading is cautious and the volume is not enough. In terms of monofilament, the price of the mainstream 30D filament Market of a large factory in Jiangsu is maintained at 25500-26000 yuan / ton, but the amount of downstream fabric orders is not enough, and the funds are tight.

Stable and difficult to promote market improvement, manufacturers profit management; Canada side, Zhejiang market high-end goods, 70D market quotation generally in 27000-27500 yuan / ton June acceptance, market demand is still insufficient, at present, the backlog of one month's inventory is difficult to digest, also makes the price difficult to get color, sales pressure gradually appear.

The overall sales volume is insufficient, which can not boost the consumption demand of the market.

The international economic situation is unstable, and the prospects for textile and clothing exports are worrying.

The deep impact of the international financial crisis is still emerging. The recovery of the world economy is twists and turns, and the fragile market confidence is not easy to recover. The export of textile and clothing is not optimistic. In July, the export of textile and garment industry fell 8.1%, including 8.05% of textile category and 8.13% of clothing category.

In addition, financing difficulties, lack of raw materials and increased costs have made the textile industry's production and exports worse.

In the late stage, the uncertainty of macro face is constantly, bad news or majority, so the export situation of Chinese textile and clothing will continue to be severe.

Based on the above analysis, under the suppression of the serious shortage of downstream market demand, the market bearish mentality has increased, and the upstream raw materials have been blocked up. I believe that the market demand has not improved much, so the situation of sluggish consolidation is still in existence for a long time.

Expected future

The market will be weak and the prospects are hard to say.