Member ID:
Stay logged in for 30 days
Forget Your Password?

login CCFGroup App

Research | Time:Jan 11 2017 11:04AM
Analysis on the surging nylon market in the fourth quarter of 2016
Text size
The fourth quarter of 2016 saw a surging market for nylon industry, and the overall prices from upstream CPL to downstream textile filament rose to a much higher level. But how did nylon market that had been flat for a long time surge in the fourth quarter of 2016? How did CPL market that had suffered losses in the first half of 2016 turn around and make profits? Did end-users demand really turn better? Did downstream plants digest the increase by over 50% successfully?

Content (9 pages)
I. On the back of bull commodity market. 
II. Did the better fundamentals result from less supply or better demand?
III. Downstream fundamentals turned better.
1. Capacity expansion slowed down, and the competition turned weaker.
2. Delay in credit payment was in a better condition.
IV. G20 paved the way for the market in Nov and Dec.
V. Rising CPL costs
1. Costs increased as bulk commodity market went up.
2. The surging CPL market was also promoted by benzene prices.
VI. End-users products
1. Textile filament
2. Engineering plastics
VII. Summary

Chart 1 Wenhua commodity index weekly
Chart 2 CPL plant operating rate in China
Chart 3 CPL output in Chinese mainland in 2016
Chart 4 Nylon 6 textile filament plant operation and capacity utilization and capacity growth
Chart 5 Nylon 6 filament yarn plant debt (based on the payment when units are at full capacity)
Chart 6 Nylon 6 textile filament plant operation and inventory
Chart 7 Benzene and hydro-coking benzene price trend in East China

Figure 1 Feedstock prices and feedstock equivalence of 1t CPL

If you need the report, please contact us at:
T 86-571-83786653, 83786504
F 86-571-83786600
Email: market@ccfgroup.com
Related Articles
AA & nylon 66 market weekly (Jan 16-20, 2017)
Textile filament plants keep running at a high rate during Spring
2016 China nylon industry annual report
Sinopec nominates the Feb contract for CPL at 18,300yuan/mt
China nylon market snapshot (Jan 21-22, 2017)
Caprolactam market weekly (Jan 16-20, 2017)
Nylon filament yarn market weekly (Jan 13-20, 2017)
DSM Nanjing nominates the Jan contract for CPL at 19,000yuan/mt
Nylon 6 chip market weekly (Jan 16-20, 2017)
CPL market trend after Spring Festival
Changes in China's MEG inventory structure in 2016
Analysis on improved polyester end-user market demand in ...
Analysis on the surging nylon market in the fourth quarter ...
What will HC re-PSF market head for on dropping profits
China PET bottle chip export feature and export destination ...
Companies investing in Xinjiang really perform well?

浙公网安备 33010902000742号