Crude Polyamide Filament Prices Rose Slightly

According to the statistics of business agencies, as of May 12th, Jiangsu nylon filament DTY reported 15167 yuan / ton, unchanged from the beginning of the year, down compared with the same period last year. 28.79% The price of nylon POY was 12620 yuan / ton, up 100 yuan / ton from the beginning of the month. 0.80% Year-on-year decline 31.41% The price of nylon FDY was 15750 yuan / ton, the price remained stable, down compared with the same period. 31.52% 。

Crude oil prices rebounded sharply in anticipation of the resumption of market expectations in Europe and the United States and the positive reduction of oil producing countries. According to the business community monitoring, April 29th -5 11, WTI rose 112.07% 。 Crude oil production, the Saudi Arabia and Russia led by the OPEC+ oil producing countries earlier cut agreement, the first round of two months from May 1st, the average production of 9 million 700 thousand barrels per day. According to data released by American oil service company Beck and Hughes in May 1st, the number of oil drilling decreased and the number of oil drilling decreased to the lowest level since June 2016. The epidemic situation in China, Japan and Korea and other Asian countries has been effectively controlled. Nearly 20 states in the United States will resume their economic activities, and fuel demand may be further recovered.

The supply of crude oil is strong and the supply is tight enough to raise prices. As of May 12th, cyclohexanone rose by 360 yuan / ton in May. 6.77% Caprolactam rose 1367 yuan / ton, or increase. 16.02% PA6 rose 966 yuan / ton, or increase. 9.32% 。 Affected by the rise of crude oil, as of May 9th, Sinopec's Benzene price in May increased by 350 yuan / ton, and the listing price was 3100 to 3500 yuan / ton. Last week, cyclohexanone increased its offer to the outside world and reduced the market price. The price in East China was 5900-6100 yuan / ton. Due to the tight supply of raw materials, raw materials and other reasons, caprolactam Sinopec was raised by 1300 to 10000 yuan / ton in May in May 12th.

Before the nylon manufacturers because of the mask market, the price adjustment of the product, experienced a big rise and fell after the overall improvement. For raw materials to rise, manufacturers' quotations must be followed. The difference lies in timing. Some manufacturers rose during the market of masks, and did not exert themselves in the callback. The rise of raw materials just appease market sentiment and prices become reasonable. The other manufacturers follow the script completely, the raw material is up, the quotation keeps up, but only the products with better delivery conditions require less general price adjustment.

Business analysts believe that crude oil production and consumption are expected to pick up. If there is no accident, the cost side will have strong support. At the same time, the European and American economies are expected to restart, and China's textile export data in April showed that the textile industry is expected to increase the recent trial of nylon.