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The pressure in nylon 6 chip market came earlier than CPL. Before the National Day holiday, insiders held bearish outlook for the entire industry in October, and their restock for chip was conservative. After the holiday, when chip prices rose rapidly with CPL, the buyer actively followed up because
The operating rates of downstream nylon 6 chip plants have been maintained relatively low in the past few months, and inventory is also controlled. This is particular in nylon 6 conventional spinning (CS) chip plants, as most CS chip plants kept low rate of stocks and only a few prepared slightly mo
In the three working days after the long holiday, affected by the decline of benzene and the sluggish performance of nylon 6 chip market, the price of CPL also fell simultaneously. In fact, there was no evident problem in CPL supply and demand structure, and the timely benefits of CPL did not change
By the end of the third quarter of 2019, the total nylon 6 chip capacity in Chin has increased by 20.6% compared with the figure by the end of 2018, to 820,000tons/year. However, peak demand circle has passed, and consumption of nylon textile filament and staple fiber tumble in 2019, while that of e
