CS chip market is more likely to perform well when HS chip market is weaker

Third, CS chip market is more likely to perform well when HS chip market is weaker. It is an internal balance between HS chip and CS chip market, or CPL contract and spot market. It is because that when high-speed spinning chip market situation is not satisfactory, it will for sure influence CPL contract trading and settlement, and that will give more space for CS chip plants, who could restock both contract and spot CPL. This logic is strengthened when CPL supply is getting looser when more new capacities are released. Actually, nylon 6 HS chip market has evidently cooled down in the second half of the year, and under this circumstance, insiders hold conservative outlook for the market after the 2022 Spring Festival and even the first half of 2022.