Not busy in the peak season, nylon suffered "cold winter"

March is the traditional peak season in the textile market, but this year's beautiful scene seems to have really become a "legend." Now that half of March has passed, the price of nylon products has been falling day by day, turning the company's "expectations" for the March legend to "disappointment." The nylon raw material caprolactam began to decline from March, and its offer price fell from 23,500 yuan to 22,600 yuan, a decrease of 3.83%. Under the dual pressure of upstream raw materials and downstream purchases, nylon chips also began to take a “downhill”, nylon Conventional spinning chips are now down to 24,300 yuan/ton, and high-speed spinning is down to 24,700 yuan/ton.

What are the factors that make the nylon market "not busy"? The author combines the relevant factors as follows:

I. Inventories increase, caprolactam continues to decline. From the perspective of the upstream raw material market, the caprolactam market has been in a weak pattern recently. At the beginning of the month, due to the support of crude oil, the trend of caprolactam tended to be stable, and the market price center of gravity remained at 23,300 yuan/ton. But the good times were not long. As the overall market conditions weakened, sales could not be boosted. Manufacturers' inventory pressure began to gradually increase. The caprolactam market "holds" and gradually begins to decline. Most manufacturers have seen price adjustments. Although the price adjustment action has brought about certain production and sales, but the low price will be a foregone conclusion, caprolactam manufacturers can only continue to implement low-cost concessions, small single-transaction shipping methods.

Second, the sales were deserted, and the weight of the nylon chips was affected by the upstream caprolactam. The nylon chipping market also produced a chain reaction and entered the downtrend channel. As the overall market conditions for this year's textile market are sluggish, orders for downstream weaving companies are mostly small orders. Therefore, the enthusiasm for purchasing is not high. Most of them use on-demand purchases, which makes sales of nylon chips market “sufficient”. In order to drive sales, nylon slicing manufacturers had to lower prices to attract buyers' attention, but buyers took into account inventory and production issues, and placed orders more cautiously and on demand. Affected by this, nylon chip manufacturers can only adjust the quotation again and again, hoping to boost the market's purchasing atmosphere, but it seems that “the contrarian is hard to change, and the trading volume of nylon chipping market has been at a low level.

Third, the fabric sales in general, the market sentiment in the doldrums Finally, we look at the trend from the downstream fabric market, the recent market on the nylon yarn as raw material sales of fabric products are relatively flat, such as nylon 190T, 210T nylon silk fabric intertwined Sales in the general market, the market price also fell slightly; in addition, such as Taslan's conventional 184T, 228T fabric market, although there is a certain amount of sales, mainly for casual fashion demand, but still dominated by small single. Although the current weaving manufacturers will make certain adjustments to the product structure, extending from plain weave to tiga and jacquard, the product also expands through deep processing such as coating, grinding, compounding, etc.; but overall, the transaction volume of the entire nylon filament interwoven fabric is not As a result, downstream weaving companies are still cautiously controlling the purchase of nylon yarn. The overall market is still not optimistic for the company, and the overall market downturn remains alive.

IV. Prospects of the market outlook From the current point of view, "under-purchasing," "trading," and "slow sales" can be described as commonplace topics. The so-called “peak season” does not have “prosperity”. Instead, it gives the entire nylon market a ambiguous atmosphere. Recently, raw materials such as caprolactam and polyamide chips have fallen. Under the influence of various patterns such as low demand and inconsequential trading, nylon manufacturers are facing more pressure from inventories, and preferential policies are also increasing. Therefore, the author predicts that the nylon market price in the future will be inflated. Significant signs of falling.