Nylon: You Can See Rainbow After Wind And Rain.

More than a month after the national day,

From the raw material perspective, similar to last month, the internal and external market of caprolactam market continued to slump, which is a direct factor to suppress nylon chips and nylon market prices down gradually. From the perspective of device dynamics, Sinopec resumed operation, and Shandong Haili and Taiwan CDPC have new medium-term raw materials, ready to start production, medium term bad news to suppress market confidence, and crack down on traders and manufacturers to maintain a stable buying atmosphere. However, we should know that although the price of CPL is still falling, the industry profits are still very high. If the value is returned, the space is still very large, especially when the demand is not ideal at the end of the year, which will further aggravate the anxiety of market participants.

From the downstream factory situation, such as Jiangsu strong, Fujian Jinjiang science and technology polymerization new device late operation of the good news also continued to be downstream nylon polymerization start low and civilian silk market order is insufficient, the price is light and offset each other, it is difficult to stimulate the market big business to do more atmosphere.

From the demand situation, the price of nylon products has basically dropped to the beginning of the year. The decline is not so great. However, the downstream market is still cautious. The enthusiasm of taking the goods is not too high. In the field of civilian nylon fabric, the main manufacturers of industrial fabrics, such as industrial tire, fishing net, short staple cloth, and so on, though the raw material falls down from the future loss expectation, but the financial strain is difficult to break away from and start to reduce production to 4-6 low level to express the lack of market confidence, so there is still no big improvement in the purchase amount of nylon.

The same is true for nylon manufacturers. Most of the enterprises have begun to anticipate their losses. However, the enthusiasm of manufacturers is still very low, and there is an obvious tendency to buy and sell, so that the amount of procurement of nylon slices is much more cautious and conservative.

In addition, the market demand for large chemical fiber is depressed, and the nylon market has been depressed. For example, polyester chips have dropped to ultra-low prices of 10000 yuan / ton, and nylon chips are still in the range of 25500-26500 yuan / ton.

From a macro perspective, the global economy is running unsteadily and the developed countries are unable to extricate themselves from the mire. In the Chinese market, severe inflation and regional debt risk can not be completely released, and it is difficult to stimulate economic measures significantly, so that the global demand growth momentum is insufficient, and the demand for nylon is suppressed and the market confidence is compromised.

Some people say: confidence is more important than gold, and the lack of confidence in the macro environment is more troublesome. Its tired posture is also a big factor in the recent decline in nylon.

On the whole, there is no big improvement in the raw materials, demand and macro aspects, and the market confidence is not enough. I believe that the market still needs a certain time to recover slowly. So although the price of nylon products has dropped considerably this month, the market may still endure the baptism of the last storm.