Analysis Of China Nylon Fiber Market In 2020

1、 Operation of chemical fiber industry

As an important part of the total consumption of chemical fiber industry, chemical fiber accounts for an important proportion. The proportion of global chemical fiber output in the total fiber output increased from 64.69% in 2009 to 73.39% in 2019. In the future, with the continuous improvement of thermal, wet comfort, handle, luster and appearance of chemical fiber fabrics, its application rate in the clothing fabric market will be further improved. The year-on-year growth rate of China's chemical fiber manufacturing owner's business income also maintained a stable growth, with the year-on-year growth rates of 1.20%, 3.70% and 14.10% respectively from 2017 to 2019.

Proportion of operating income of China's chemical fiber manufacturing industry in 2017-2019

Data source: China Economic and Trade Co., Ltd

2、 Development of nylon fiber industry

Nylon is mainly filament, and there are a few short nylon fibers. Nylon filament is mainly used to produce strong silk for socks, underwear, sportswear, etc. Nylon staple fiber is mainly blended with viscose, cotton, wool and other synthetic fibers, and is used as clothing cloth. At the handover ceremony of the closing ceremony of the Pingchang Winter Olympic Games, the performance costumes of "Beijing 8 minutes" that are "light and warm, windproof and breathable, sports and luminous" are amazing. In these clothes, nylon plays an important role because of its good low temperature resistance. When the temperature is below - 40 ℃, its resilience changes little, so it is the first choice for making extreme outdoor sports clothes.

In addition to low temperature resistance, nylon also has outstanding characteristics in strength, wear resistance, moisture absorption and other aspects, which makes nylon fabric has greater advantages in outdoor, sports, cold proof, leisure clothing and other fields. At present, nylon has become the second largest chemical fiber after polyester in the textile field, accounting for 7.36% of the world's total chemical fiber output.

Data source: China Economic and Trade Co., Ltd

3、 Market capacity of nylon staple fiber

Nylon staple fiber is mainly used in clothing, decoration, nonwovens, industry, cloth and other fields. Since the 1990s, the use of nylon short fiber as building material reinforcement material is gradually developed. Due to the substitution of polypropylene and polyamide filament, carpet uses are gradually reduced. The market of nonwovens, especially interlinings and synthetic leather fabrics, is promising.

Data source: China Economic and Trade Co., Ltd

4、 Analysis on the concentration of nylon fabric manufacturing industry in China

Nylon production in China is mainly distributed in Jiangsu, Fujian, Zhejiang and other provinces. Among them, Fujian is the largest province of nylon production in China, accounting for 30.8% in 2014; Jiangsu's nylon production has increased rapidly, accounting for 27.4% of the total output in 2014, which is the second largest nylon production province in China; Zhejiang occupies the third place, accounting for 22.7% in 2014.

Data source: China Economic and Trade Co., Ltd

5、 Price analysis of nylon filament in China

In 2019, the domestic nylon production capacity will expand, the domestic supply and demand will be unbalanced, the terminal demand will be weak, the production of raw materials will be increased, the domestic production cost will be reduced, and the price of nylon filament will fall sharply.

The price of nylon filament DTY in Jiangsu was 16766 yuan / ton, down 4367 yuan / ton or 20.66% compared with the beginning of the year; the price of nylon POY was 14280 yuan / ton, 4120 yuan / ton, or 22.39%; the price of nylon FDY was 18000 yuan / ton, which was 4150 yuan / ton or 18.74% lower than the beginning of the year. Nylon price hit a new low since September 2016.

In 2019, the overall performance of the textile industry is declining, and the price of textiles generally falls. According to the statistics of the business agency, the price of textile raw materials fell by 7.09% - 28.77%, and nylon POY fell by 22.39%, ranking second.

The price of nylon will go down in 2019. On the one hand, the sharp drop in crude oil prices has reduced the production costs of chemical products and nylon has lost its cost support. On the other hand, the world trade pattern has been disrupted and restructured, and the contradiction between the increase of domestic nylon production capacity and the consumption capacity of downstream mismatched sets appears. On the other hand, the capacity upgrading of domestic industrial chain can reduce the production cost, make the nylon industry more mature and improve the ability to resist external shocks. At the end of the year, the factory de stocked capital returned and nylon was running at a low level. The good development of Sino US trade relations makes the market have some expectations. It is expected that nylon prices will recover from 2020.