Two weeks of chaotic decline in nylon 6 industry

In the past two weeks, due to the impact of the Fed's interest rate hike, the global market has generally declined. In nylon industry, in addition to the impact of the decline in crude oil, the aromatic market was quickly giving up previous surge, and these had all accelerated this round of downward adjustment in CPL and nylon 6 market.

From June 13th to June 23rd, the price of CPL RMB spot plunged. In nine working days, it quickly dropped from 15,300yuan/mt to 14,000yuan/mt, with a cumulative drop of 1,300yuan/mt. As Brent crude rebounded, CPL fell to 13,900yuan/mt on June 27 after a two-day brief adjustment. During the same period, nylon 6 chip market also fell chaotically.