NEWS CENTER

March is the traditional peak season in the textile market, but this year this beautiful situation seems to have truly become a "legend". Now that March has passed, the prices of nylon products in the market are falling day by day, causing companies to turn their "expectations" of the March legend into "disappointments". The nylon raw material caprolactam has been declining since March, with the internal quotation dropping from 23500 yuan to 22600 yuan, a decrease of 3.83%; Under the dual pressure of upstream raw materials and downstream procurement, nylon chips have also started to decline. The conventional nylon spinning chips have now dropped to 24300 yuan/ton, and high-speed spinning has also dropped to 24700 yuan/ton.

What factors make the nylon market "sluggish during peak seasons"? The author combines relevant factors to analyze as follows:

1、 Inventory increases, caprolactam continues to decline

From the trend of the upstream raw material market, the caprolactam market has been in a weak downward trend recently. At the beginning of the month, due to the support of crude oil, the trend of caprolactam tended to stabilize, and the market quotation center remained at the level of 23300 yuan/ton. However, the good times did not last long. With the overall market weakening, sales could not be boosted, and the inventory pressure of manufacturers began to gradually increase. The caprolactam market could not hold and gradually began to decline, with most manufacturers experiencing price adjustment operations. Although the price adjustment action has brought about certain production and sales, the fixed outcome of low prices has been achieved, and caprolactam manufacturers can only continue to implement low price discounts and small order delivery methods.

2、 Sales are cold and nylon chips are unbearable

Affected by the upstream raw material caprolactam, the nylon chip market has also experienced a chain reaction and entered a downward trend. Due to the overall weak market situation in the textile market this year, downstream weaving enterprises have mostly placed small orders, so their procurement enthusiasm is not high. They mostly use on-demand procurement, which makes the sales of nylon chips in the market "at a loss". In order to drive sales, nylon chip manufacturers have had to lower prices to attract buyers' attention. However, buyers are still cautious in placing orders and operate according to their needs, considering inventory and production volume issues. Affected by this, nylon chip manufacturers can only repeatedly adjust their quotations in the hope of boosting the market procurement atmosphere, but it seems that "it is difficult to change against the trend, and the trading volume of nylon chip market has always been at a low level.

3、 Fabric sales are average, but the market atmosphere is sluggish

Finally, from the trend of the downstream fabric market, we can see that the sales of fabric products made of nylon silk in the market have been relatively flat recently. For example, the sales of 190T and 210T nylon silk woven fabrics with nylon silk are average in the market, and the market prices have also slightly decreased; In addition, although Taslon's conventional 184T and 228T fabrics currently have a certain sales volume, mainly used for leisure fashion demand, they are still mainly small orders. Although weaving manufacturers have made certain adjustments to their product structure, extending from plain weave to jacquard and jacquard, their products have also been expanded through deep processing, such as coating, sanding, composite, etc; However, overall, the transaction volume of the entire nylon silk interwoven fabric is not large, so downstream weaving enterprises are still cautious in controlling the procurement volume of nylon silk. The overall market situation is still not optimistic for enterprises, and the overall market atmosphere remains sluggish.

4、 Future prospects

From the current perspective, "insufficient procurement", "average trading volume", and "sluggish sales" are clich é d topics. The so-called "peak season" did not "thrive", but rather filled the entire nylon market with an awkward atmosphere of "cold spring". Recently, due to the decline in raw materials such as caprolactam and nylon chips, as well as the impact of various patterns such as low demand and unclear trading, nylon manufacturers are facing inventory pressure, and preferential policies are constantly increasing. Therefore, the author expects that the price of nylon in the future market will be weak and the downward trend will be obvious.