Last week (June 9-15, 2025), the upstream cost side support for nylon filament was relatively strong, but downstream enterprises had poor purchasing power and weak demand. Downstream manufacturers held multiple rigid demand purchases, and industry players held a cautious and wait-and-see attitude. The nylon filament market was weakly consolidating and operating, with prices slightly falling.
Nylon filament prices are weak and falling
According to the Commodity Market Analysis System of Shengyi Society, last week (June 9-15, 2025), the price of nylon filament was weak and slightly decreased. As of June 15, 2025, DTY (premium product) of nylon filament in Jiangsu region; 70D/24F) quoted 14600 yuan/ton, a decrease of 160 yuan/ton from last week, a weekly decrease of 1.08%; Nylon POY (premium product; 86D/24F) quoted 12150 yuan/ton, a decrease of 150 yuan/ton compared to last week, with a weekly decrease of 1.22%; The price of nylon FDY (premium product: 40D/12F) is reported at 15225 yuan/ton, a decrease of 175 yuan/ton from last week, with a weekly decline of 1.14%.
The raw material market is operating relatively strongly
In terms of cost: Last week (June 9-15, 2025), the spot market price of caprolactam was relatively strong during the week, and the weekly settlement price of Sinopec’s high-end caprolactam was raised to 9650 yuan/ton. The market for nylon PA6 chips also saw a slight increase, with strong cost support. As of June 15, 2025, the benchmark price of caprolactam in Shengyi Society was 9325 yuan/ton, with a slight increase in price and a weekly increase of 1.47%. During the week, the market price of high-speed spun nylon PA6 slices slightly increased, with a weekly increase of 0.95%, mainly due to strong cost support.
Supply and demand: During the week, some nylon filament manufacturers have lowered their operating rates, resulting in a decline in overall market supply. However, industry inventory levels continue to increase, leading to poor performance on the supply side; The demand in the end market is weak, and some downstream manufacturers have reduced production or switched production, resulting in a decrease in demand for nylon filament. It is difficult to find favorable support from the demand side, and many parties are following suit with rigid demand. Many industry players are adopting a cautious and wait-and-see attitude.
Future forecast
Cost aspect: Caprolactam is operating strongly, and prices will rise. In terms of nylon PA6 chips, due to strong cost support, the supply level of PA6 chips in the market may continue to improve. Downstream market demand is weak, and it is expected that the market price of nylon PA6 chips will rise slightly.
Supply and demand: June is a transitional period from the market to the traditional off-season, coupled with the lack of signs of improvement in terminal market demand and low purchasing enthusiasm in downstream markets. Therefore, it is expected that the demand for nylon filament market may decrease next month. If there is no significant improvement in demand, under the pressure of large inventory, some nylon filament manufacturers may have the possibility of reducing production capacity, while the industry continues to release new production capacity. Therefore, it is expected that the supply of nylon filament market will decrease next month.
Overall, the upstream raw material caprolactam spot market and nylon PA6 chip market will operate strongly, with strong cost support. The downstream market demand is difficult to improve, and the demand side will drag down the market trend. Business analysts predict that the short-term nylon filament market price will follow the raw material to rise slightly, but the increase is limited, with an expected increase of 100-300 yuan/ton.
| http://www.thiourea.net |