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Since mid-September, weaving, knitting and dyeing factories in major textile bases have reduced production. At the same time, nylon filament yarn producers have reduced or stopped operation to varying degrees, and the average operating rate of the industry has dropped significantly.
August used to be the transitional month from traditional slack to peak season. Actually, downstream has already begun to warm up early in Aug. However, the resurgence of COVID-19 cases in Nanjing, Yangzhou, Zhangjiajie and Zhengzhou, etc., and outside China, had put downstream interest down. Facing
With various reasons, it was universally believed among the industry that fabric mills would not purchase NFY actively in the year.Since there was no obvious improvement in the demand side, a small number of nylon filament yarn plants promoted sales with flattened price or only periodically increase
