Foreword: In the past two days, the crazy polyester yarn has pressed the pause button and entered the promotion mode, and it is not just polyester yarn that is crazy in October. Silk spinning also stole the show. Similarly, nylon spinning also started to go downhill in late October. Taking 380 nylon spinning as an example, from the high price of 5.3 yuan/meter in mid-October, it fell to the current price in just half a month. 4.7 yuan/meter, a drop of nearly 15%.
Loose cost end
Nylon, as a raw material for nylon spinning, was also booming in early October and kept rising. However, at the end of the month, as coal prices plummeted, bulk chemicals such as caprolactam followed suit and fell by nearly 10% in more than ten days. Thousand yuan, causing nylon to lose support from the cost side of raw materials and begin to decline.
And the promotion of superimposed polyester filament will indirectly affect the price of nylon. From the table, we can see that although the decline of the three conventional nylon is not large, it is also loose. According to the data monitoring of China Silk City Network, as of October 29, nylon filament DTY in Jiangsu was quoted at 22,000 yuan/ton, down about 50 yuan/ton from last week; nylon POY was quoted at 19,350 yuan/ton, down 150 from last week. Yuan/ton; the price of nylon FDY was reported at 20,500 yuan/ton, down 300 yuan/ton from last week’s price.
Supply-side production capacity rebounds
Fujian, as a major nylon spinning production province, was affected by the epidemic in early September, and its production capacity declined sharply. We are in the peak production season of autumn and winter fabrics. For a time, the production capacity of nylon spinning on the market is insufficient and the supply is tight! Coupled with the power and production restrictions that started in late September, the already tense nylon gray fabrics have been even worse. According to the market supply and demand, the price of nylon gray fabrics has been raised at this point, and the price has almost doubled.
With the passage of time, the epidemic situation in Fujian has improved. In addition, the power restriction policy has been relaxed, and the operating rate has increased. The operating rate in Jiangsu and Zhejiang has increased from 58% to 78%. Nylon spinning production capacity is gradually increasing, and the market The supply tension began to ease, and according to market research, traders who had previously stocked up on goods also began to take action. For a time, the number of nylon spinning gray fabrics on the market increased significantly, and the price of nylon spinning began to fall every day.
The demand side is weakening
As we all know, the production of autumn and winter fabrics is generally during the traditional textile peak season “Golden Nine and Silver Ten”, and terminal clothing companies must rush to produce “Double Eleven” For clothing during the period, the supply of fabrics must be stocked in advance. Now that October has passed, demand has naturally begun to decline.
And it can be said that nylon spinning has been popular all year round. Since the first half of the year, various weaving companies have started production. After such a long period of production, in fact, the inventory on the market was already at a high level. It was just that at that time Being in a state of production restriction, the reduction in production capacity has released this part of inventory, which has eased the relationship between market supply and demand. In addition, this year’s winter has not yet shown its coldness, and even the fragrance of osmanthus can be smelled in October. Seasonal issues have also greatly reduced the demand for nylon silk spinning.
The current decline in the price of nylon yarn involves three factors: cost, supply and demand, and the relationship between supply and demand is the main reason affecting its price. Follow the market. Only when the market is good can the price be improved. Although the price of nylon yarn is falling every day, the current price is still high compared with half a year ago, so overall the market situation is still in a relatively good state. , and starting from November, foreign trade orders will also be issued one after another. Textile companies must seize the opportunity and grasp this order.
</p
