In November, the nylon market trend may open a downward channel. The main reason is that the upper raw material market continues to decline, the cost support function is weakened, the manufacturer's equipment starts to recover gradually, the supply is stable, the demand follow-up in the downstream terminal field is still flat, the trading atmosphere on the floor is poor, and flexible transactions are mainly. It is expected that in the short term, the price focus of nylon market will continue to move closer to low prices.

Raw materials continued to decline and cost support weakened

The market basically began to open the downward channel with the upper raw material market. First of all, the listing price of Sinopec's pure benzene was lowered by 800 yuan / ton last week. This week, the listing price of junior high school Petrochemical caprolactam was adjusted to 16000 yuan / ton, 450 yuan / ton lower than the price in the previous period, and the spot market price was adjusted to 14800-15000 yuan / ton today. The price decline was enlarged, while the price of high-speed spinning chips also followed up, but the decline was relatively small, and most manufacturers were dominated by contracts, There are not many transactions in the spot market. On the whole, there is still room for continued decline in the raw material market, and the cost side's support for nylon fiber is weakened.

Nylon silk market weakness fell

With the continuous decline in the price of raw materials, the cost support effect is obviously insufficient for the price of nylon silk. The plant operation of nylon manufacturers has rebounded slightly, and the supply of goods has remained stable. However, the downstream end customers are cautious about the future market. Due to the continuous decline in the price of raw materials, some nylon silk manufacturers are difficult to stick to the offer, The actual transaction can follow up the order situation, negotiate flexibly for 300-500 yuan / ton, and the downstream end customers are affected by the atmosphere of buying up and not buying down. The wait-and-see atmosphere is relatively strong. The actual goods are still just needed, and the transaction in the overall market is just needed, which is a little difficult, and watch the market carefully.

Outlook

In a short period, there is still room for decline in the upstream raw material market, and the cost support is weakened. It is difficult for nylon filament manufacturers to stick to the offer or follow the shock and decline of the raw material market. However, due to the lag between the rise and fall of nylon filament and the upstream market, most customers in the industry are cautious and wait-and-see, or some downstream customers buy on bargain hunting and make a small amount of replenishment, The overall market is slightly pessimistic about the outlook, and the transaction price focus of nylon silk market moves downward.