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Chinese nylon POY & FDY markets remain stable
Nov '12
Nylon POY market in China remained stable on November 6. In Zhejiang area, market price of nylon high-end POY 85D/24F was in the range of 24,800-25,500 yuan/ton, in terms of six-month acceptance. However, supply was insufficient to meet the demand.
Nylon FDY market was also steady on November 6. In East China, mainstream market price of nylon semi-dull FDY 70D/24F was in the range of 25,200-25,500 yuan/ton, in terms of six-month acceptance. At present, manufacturers have inventory of about 20-25 days and their profit margins are light.
However, nylon chip market remained weak on November 6. In East China, the market price of nylon chips was in the range of 19,000-19,500 yuan/ton, while lower range price was between 18,700 and 18,900 yuan/ton. Manufacturers are currently maintaining their operation rate at about 60 percent.

Fibre2fashion News Desk - China

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