As The Price Of Upstream Raw Materials Rises, Nylon Chips Will Break Up.

Entering the September, international crude oil Price Sustained growth, pure benzene was driven by naphtha rise, and the caprolactam market was supported by this good news and the price trend was stronger. As the upstream raw materials increased, the price of nylon chips rose slightly. At present, the price of the conventional spinning and slicing market in the East China region is 19500-20000 yuan / ton, and the initial quotation is 19300-19800 yuan / ton. The semi gloss market price of the mainstream high-speed spinning in Jiangsu area is 19900-20300 yuan / ton, and the mainstream quotation in the early stage is 19800-20200 yuan / ton, and the overall trading atmosphere has slightly improved. Then what will the trend of nylon chips be in the future market?

First of all, judging from raw materials, the trend of international crude oil is strong. By the end of September 12th, the New York Mercantile Exchange delivered light crude oil futures in October, up 63 cents, or 0.65% at 97.17 US dollars per barrel. Beihai crude oil futures for October delivery rose 59 cents, or 0.51%, to $115.40 a barrel in October. As the international crude oil prices continued to rise, the price of benzene rose high, making the caprolactam market stronger. Now the CPL external market quotation is above $2350 / ton, up nearly 80 US dollars / ton compared with the beginning of August, and the quotation of CPL inner market is near 18300 yuan / ton, which is 100 yuan / ton higher than that in early August. In September, the listing price of Sinopec has been raised to 19500 yuan / ton, up 700 yuan / ton from the previous stage. The upstream raw material market has rebounded strongly, so the trend of supporting nylon chips is stronger.

Secondly, from the demand situation, with the coming of "golden nine silver ten" season, nylon Orders for manufacturers have also improved, the pressure on inventory sales has been greatly reduced, and started to move upward. At present, the price trend of nylon yarn has risen slightly. As for FDY, the market price of semi gloss FDY 70D/24F in Jiangsu and Zhejiang market has risen to 25000 yuan / ton; in terms of POY, the price of nylon low-end POY85D/24 market in Jiangsu and Zhejiang provinces has risen to near 23500 yuan / ton; in addition to the missile market, the high-end market of Zhejiang's high-end goods has been increased to 28000 yuan / ton. On the whole, the price of nylon products is stable, the economic benefits are good, and the downstream demand has increased slightly.

Finally, from the macro economic environment, with the European Central Bank's heavy attack, the confidence of the European debt crisis has recovered, and the euro exchange rate has gone out of a wave of rising. In September 12th, the decision of the German Federal Constitutional Court cleared the obstacles for the European Central Bank's new Treasury bond purchase plan. With the implementation of European measures to deal with the crisis, the euro area bond market gradually became normal, and the stability of the euro would be strongly supported. Although the European debt crisis is turning around, the euro zone economy still faces greater downside risks, and the euro exchange rate is expected to continue the current upward trend in the longer term. After a four month high of consecutive gains, there is room for consolidation between the euro and the US dollar. As the stimulus effect of the European Central Bank's new Treasury bond purchase plan has been gradually digested, the market tension has recurred, but the trend of the euro's coming out of the trough has become clearer.

On the whole, upstream raw material Concussion upward, market orders increased, the economic situation slightly improved. It is expected that the market of nylon chips will rise slightly to a steady trend.