Strong cost support, nylon price rise (11.1-11.16)

According to the statistics of the business agency, as of November 16, the price of nylon filament DTY in Jiangsu was 15466 yuan / ton, which was 434 yuan / ton higher than that in the beginning of November, with an increase of 2.80% and a year-on-year decrease of 8.62%; the price of nylon POY was 13360 yuan / ton, which was 280 yuan / ton higher than that in early November, an increase of 2.14%, and a year-on-year decrease of 11.29%; the price of nylon FDY was 16750 yuan / ton, 500 yuan / ton, or 3.08%, compared with the beginning of November It was 13.88% lower than that of the previous year.

PVA 1788 (PVA BP17)

 

In November, the international crude oil price soared. As of November 16, the WTI crude oil settlement price was 41.34 US dollars / barrel, 14.29% higher than the price at the beginning of November. Last week, the listing price of pure benzene was raised twice to 4000 yuan / ton, up 250 yuan / ton. The supply of cyclohexanone is relatively abundant, and the orders are flat at the beginning of the month, and the pressure of shipment is still under pressure. However, due to the strong cost support, the price of cyclohexanone has increased significantly. Caprolactam is on the rise with high cost on the one hand, and some enterprises have maintenance plan in the later stage, so the supply of goods is also tight. In the same month, Sinopec raised the listing price of caprolactam twice to 10800 yuan / ton, an increase of 700 yuan / ton. At the beginning of the month, downstream staple fiber and other enterprises mainly digested and prepared inventory. The listing price of caprolactam in the upstream rose sharply, while the downstream chase up the price of goods to support, which stimulated the price of PA6 to go up.

 

At the beginning of the month, nylon manufacturers took a small action and took a wait-and-see price. However, the price of raw materials has increased significantly. Recently, nylon manufacturers have warned again that due to the rising cost, nylon has the expectation of increasing the price, and customers with demand will place orders as soon as possible to lock in profits. On the one hand, businesses stimulate marketing; on the other hand, raw materials do rise sharply. With the consumption of inventory, the price increase is imminent.

 

According to the analysts of the business agency, in the first ten days of November, crude oil rose sharply, and all links of nylon industry chain increased to varying degrees, and the production cost center of nylon manufacturers shifted upward. However, the order support is general, and the pricing is relatively conservative. Some manufacturers’ price increase dates are delayed, with the price increases ranging from 200 to 500 yuan / ton. It is not likely that manufacturers will continue to raise their prices in the peak season. It is expected that prices will remain stable in the near future.

POLYVINYL ALCOHOL