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    Raw Material Cost Rises, Nylon POY Price Rises At The End Of The Month

    2021/7/5 10:21:00 0

    Nylon POY

    As of June 30, the price of nylon POY in Jiangsu was 17375 yuan / ton, 300 yuan / ton higher than that of last week. Since June, the market demand is light. Judging from the price trend, the price of nylon POY fell in the first ten days of June. However, since the middle of June, the manufacturers have strong willingness to support the price, and the market is weak and stable. At the end of June, affected by the market of cyclohexanone, the upstream raw material, the manufacturer adjusted the price successively on the 29th. The price of nylon POY in Jiangsu Province increased by 300 yuan / ton compared with the previous days.

    Upstream cost impact

    Sinopec's pure benzene continued to rise by 300 yuan / T to 8450 yuan / T, with strong cost support, and prices of hexone manufacturers followed. Part of the factory price in Shandong is 10200-10500 yuan / ton, and the price is 10500-10600 yuan / ton. The price of cyclohexanone in South China rose, which was boosted by the rise of pure benzene. The price of cyclohexanone in the South China market was 10900-11000 yuan / T in cash. The actual list was discussed in detail. The market price of cyclohexanone rose, and the price of pure benzene continued to rise. Cyclohexanone followed up, but the buyer was cautious. The price of cyclohexanone in the East China market was 10800 yuan / T in cash.

    In early June, with the cost of cyclohexanone, the upstream raw material of nylon, the ex factory price of cyclohexanone was raised to 10500-10600 yuan / T, but the high price was not followed up by buyers. In addition, after some caprolactam units were overhauled, the downstream nylon manufacturers' demand for cyclohexanone decreased, the spot supply increased, and the chemical fiber sector lacked purchase, so the price of cyclohexanone fell. According to the monitoring data of the business agency, as of June 18, the average price of cyclohexanone in the domestic market was 10380 yuan / ton, with the price falling by 6.15% month on month. Weak downstream support, a higher wait-and-see mood, high pressure on cyclohexanone, abundant supply, trading center of gravity down. At the end of June, the price of cyclohexanone manufacturers increased. As of June 30, the average market price of cyclohexanone in China was 10550 yuan / ton.

    Raw material PA6: PA6 upstream caprolactam market narrow adjustment in early June, PA6 cost support temporarily stable. Downstream factories mainly take goods just as needed, the consumption of end users is in the off-season level, and there is a shortage of on-site trading. As of June 18, the mainstream offer price of CCCC 2.75-2.85 was about 14733.33 yuan / ton, a decrease of 1.14% compared with the average price at the beginning of May. On the whole, the current PA6 market is short, and it is expected that the spot price of PA6 will be stagnant in the near future.

    Market demand factors

    According to a number of manufacturers, the downstream demand for nylon fiber was not high throughout June. Most of the downstream enterprises kept normal and just needed to take goods. They basically took small orders, and the market transaction was weak. They were basically in the situation of having price but no market. The on-site supply of goods was sufficient, and the inventory was increased. Some manufacturers adjusted their operation accordingly. The upstream and downstream parties were cautious about the future market.

    Future forecast

    Nylon terminal demand has not been significantly improved, most downstream enterprises keep normal, just need to take goods, order support is limited; The upstream raw material cost support, the cost support is strong, it is expected that the domestic nylon POY price will change due to the fluctuation of raw materials, and the overall operation will be stable.

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