Home / Knowledge / News / Textiles / First fortnight sees nylon chips & NFY markets slide

First fortnight sees nylon chips & NFY markets slide

21
Apr '12
Nylon chips and nylon filament yarn (NFY) market was in doldrums as they fell in the previous fortnight ending April 15.

Nylon chip trends declined at a steady pace in the fortnight. In the early part of the reporting period, selling offers for nylon chips slid mainly due to weak buying from downstream as well as due to weak upstream support.

Weak demand and rising inventories with the nylon chip converters, was also one of the important reasons for the fall, revealed experts.

In the second-half of the fortnight, nylon chip prices decreased significantly due to weak buying momentum. Market sentiments were continuously eroded by poor buying interest.

Nylon filament yarn market continued to follow the downward trend, particularly in the US dollar denominated market in the Asian region, in the first seven days of the reporting period.

Nylon filament yarn market faced correction in line with weak feedstock market.

In the second week, nylon filament yarn market remained subdued and prices remained stable in the US dollar based Asian market.

Producers ran their plants at low capacity to balance inventory during the second half of this last fortnight

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 2nd Aug 2021

Sourcing by garment brands increasingly moving out of China: ILO

The declining trend of China’s garment exports is in line with the...

Pic: Prada

Fashion | On 2nd Aug 2021

Online sales drive Italian luxury firm Prada's growth in H1 FY21

Despite continued restrictions, the Italian leader in luxury goods...

Pic: Ritu Manoj Jethani / Shutterstock.com

Apparel/Garments | On 31st Jul 2021

US firm Steve Madden moves production to Mexico & Brazil from China

As supply chain disruption remains a significant challenge, American...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Fabric selection & recommendation based on client's brief

Textile Industry, Head honchos

Textile Industry
Head honchos

The pandemic has reinstated need for organised retail spaces in Tier II...

India-EU Summit, Representatives

India-EU Summit
Representatives

India-EU FTA will provide EU with better access to a huge & rapidly...

Dhirubhai & Arvind Shah,

Dhirubhai & Arvind Shah

It supplies synthetic fabrics to top international brands like M&S,...

Mumin Can Eker,

Mumin Can Eker

Maseksport Inc is a readymade garment exporter. Founded in Izmir in 1989,...

Ritu Oberoi,

Ritu Oberoi

Mumbai-based Forsarees is a socially driven business enterprise, working...

Sameer Sonkusale & Rachel Owyeung, Tufts University

Sameer Sonkusale & Rachel Owyeung
Tufts University

A team at the Tufts University in Massachusetts was recently in news for...

Jacques Prigneaux, EDANA

Jacques Prigneaux
EDANA

EDANA has been the leading global association and voice of the nonwovens...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


July 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search