According to statistics of business agency, as of June 9, DTY of nylon filament in Jiangsu Province reported 15800 yuan / ton, up 167 yuan / ton, up 1.07%, down 17.85% year on year; POY price of nylon was 13480 yuan / ton, up 580 yuan / ton, up 4.50%, down 19.47% year on year; FDY price of nylon was 16500 yuan / ton, up 250 yuan / ton, up 1.54%, down 21.80% year on year.
| PVA |
Good news support, crude oil rose in a row. As of June 8, WTI crude oil was at US $38.19/barrel. At the OPEC + ministerial meeting in June, OPEC agreed to extend the 9.7 million B / d cut by one month until the end of July, when it reached a record high. In the week of June 7, the number of oil and gas drilling platforms in the United States decreased by 17 again, to 284, a total decrease of 691 compared with the same period last year, which is also the lowest record this year. Crude oil demand picked up significantly. The latest data shows that China’s crude oil import in May broke the historical record. China’s oil import in May increased by 15% compared with April, reaching 47.97 million tons.
Product price increase / decrease unit from June 1 to June 9
Cyclohexanone 5980 6020 40 yuan / ton
Caprolactam 9917 9983 66 yuan / ton
PA6 (medium viscosity: 2.75-2.85) 11567 12167 600 yuan / ton
Nylon FDY (40d / 12F) 16250 16500 250 yuan / ton
Nylon DTY (70D / 24F) 15633 15800 167 yuan / ton
Nylon POY (86d / 24F) 12900 13480 580 yuan / ton
The price of raw materials will be increased to different degrees. As of June 9, cyclohexanone rose by 40 yuan / ton, caprolactam by 66 yuan / ton and PA6 by 600 yuan / ton, up 5.18%. Last week, the starting load of cyclohexanone was relatively stable, and the pressure on the factory’s spot goods and inventory was not great, but the order receiving gradually slowed down, and the market may continue to consolidate smoothly. In May, the price of caprolactam rose 16.21% month on month due to the rising price of raw materials and tight supply. The price hike was highlighted in the first ten days of May, and from the last ten days to the beginning of June, the price fluctuated slightly. In the first ten days of June, PA6 continued to rise. First, the raw material caprolactam was put into a rising price operation, which had a strong support for PA6. Second, the increase of consumption demand for overseas plasticization was good for domestic enterprises. The export situation of PA6 was warmed up, and the demand of domestic polymerization and slicing plants was improved limited, but the transaction situation was general.
From PA6 nylon POY price trend chart, it can be seen that as of June 9, PA6 price continued to rise, nylon POY and PA6 trend are similar, the turning point is basically the same. In the near future, raw materials play a leading role in the trend of nylon filament. Throughout the industry, crude oil led the kids to recover. Moreover, the tight supply of caprolactam helped the fire of PA6. Cost plus, nylon filament into the rebound period. In addition, with the relaxation of some epidemic prevention and control in foreign countries and the restart of production, foreign consumption stimulus added firewood to the rising fire, and the rising momentum or continuation.
According to analysts of business club, crude oil keeps rising and has a continuous momentum. Nylon raw material market generally maintains a high level, with strong willingness to hold up the price. Nylon filament is also sold at a stable price. Some manufacturers say they may raise their prices in the near future, and expect the fluctuation and increase of nylon in the near future.
| POLYVINYL ALCOHOL |