Mask With Capacity Expansion Nylon Uneven Rise Uneven

According to the statistics of business community, as of April 21st, the DTY of nylon filament in Jiangsu area was reported to be 17000 yuan / ton, up 2500 yuan / ton last week, or 17.24%, down 20.93% from the same period last year. The price of nylon POY was 13220 yuan / ton, up 1200 yuan / ton, or 9.98%, up 29% below that of the same year. The price of nylon FDY was 16000 yuan / ton, and the price remained stable, down by 31.18% compared with the same period last year.

In terms of crude oil, crude oil futures in the US fell sharply in April 20th, and the WTI crude oil futures price in May dropped by about 300% to $-37.63 a barrel, the first time it fell to a negative value, and the lowest price in the market was -40.32 dollars per barrel. Market participants believe that due to the WTI delivery mode and storage pressure, OPEC and other oil producing countries can not reverse the oversupply of production, and many are short headed.

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Crude oil prices fell, but caprolactam and PA6 prices rose against the trend. On the one hand, last week, caprolactam factory has much more overhaul, and the overall load is not high. Due to the heat radiation from the mask to the nylon filament (mask material), the demand for caprolactam is increasing, and the parking and demand come at the same time. Last week, Sinopec's April price of caprolactam was raised by 600 yuan to 9000 yuan per ton. The surge in the order of nylon, slicing due to insufficient operating rate, short term supply is tight, boosting prices.

Nylon cost, prices rose sharply, nylon DTY rose 17.24% a week. At present, it is possible that such products will increase, and the rate is probably related to masks and medical and anti epidemic products.

　　 Masks belt capacity surge, nylon filament soaring?

Let's get into the theme, the reason for the surge in nylon filament this is the mask belt. It is understood that the masks as new speculation, nylon filament materials accounted for 70%. Due to the development of the epidemic, the market believes that the demand for respirators is increasing. Recently, the return of domestic animals to the campus has also increased the demand for masks. This state will continue for some time. Mask material has become a hot topic of speculation. Melt spray cloth is unnecessary. It has always been the focus of the market and has gone through the craze. At that time, nylon filament appeared to rise sharply, and it was not the same as melt blown fabric.

Melt blown fabrics are subject to capacity constraints, market demand for mask is surging, supply is insufficient, and market looting is hard to find. But the rise of nylon is essentially different from that of melt blown fabric. First of all, the rise of nylon is not the behavior of all enterprises. The explanation is not due to shortage of capacity, short term shortage, market loot is the main reason.

Masks drive the need for masks, and the entry threshold is low. It is understood that the relevant supporting equipment up to ten thousand five or six can be placed down, there are many people in the fishing industry. Some people have made money, and those who are envious have joined the production force. This is a matter of overcapacity. A rough calculation has been made by some people. It is estimated that the domestic mask production is 300 million, the demand for masks is 120 tons / day, and the output of a machine is about 350 Jin, so that 700 machines can meet the demand. Production capacity has been overloaded, shipments are no longer easy, prices are falling, unknown people are still surging in, and demand for nylon is rising.

Some nylon manufacturers said that there were more people in the lower reaches, and because of the start-up problem, the short supply of raw materials was insufficient, and the heat of the masks increased from 2000 to 4000 yuan / ton. Some enterprises say that this is a special period, which can be understood, but it is an order production, and the price of raw materials has not been skyrocketing.

Business analysts believe that the mask is expanding with capacity expansion, and the demand for nylon has been stretched for a short time. Overcapacity is an unhealthy industrial ecosystem. Nylon manufacturers know clearly that when the inquiry is scarce, the price of the masks is broken, and the short market is also going along. Moreover, the supply of crude oil is adequate, the cost support is weak, and the price seems to be difficult to maintain.