SunSirs: With Stable and Weak Costs, and Weak Demand, Polyamide Filament Prices Remained Weak and Stable in January

In January 2026, the polyamide filament market generally showed a weak and stable trend. Upstream costs provided weak support, downstream demand remained sluggish, prices were low, and inventory pressure was prominent. On the cost side, upstream caprolactam prices remained stable, providing weak support to polyamide filament, but the support was limited; on the demand side, the downstream textile and apparel sector was weak during the off-season, while industrial applications showed stable growth, resulting in overall insufficient demand and weak support from essential needs; on the supply side, industry capacity was sufficient, enterprises maintained stable operations, inventory pressure continued to increase, and the oversupply of conventional products was evident; on the price side, constrained by multiple factors, prices remained low and weak, with limited fluctuations, and actual transactions were mostly negotiated on a case-by-case basis.

Price trend

According to SunSirs' commodity price analysis system, in January 2026, the price of polyamide filament remained stable at a low level. As of January 30, 2026, the quoted price for polyamide DTY (premium grade; 70D/24F) in Jiangsu province was 13,760 RMB/ton; the price for polyamide POY (premium grade; 86D/24F) was 11,500 RMB/ton; and the price for polyamide FDY (premium grade: 40D/12F) was 14,275 RMB/ton, all unchanged from the previous month.

Market analysis

Cost side: In January 2026, the upstream raw material market for polyamide yarn remained generally stable, without significant fluctuations, providing weak but stable support for polyamide filament. However, this support was limited and insufficient to drive prices upward. Looking at the core raw material, caprolactam, domestic supply was abundant this month, with leading companies maintaining stable production. Major suppliers such as Hengshen Group and Baling Petrochemical ensured stable supply. Domestic caprolactam production capacity reached 6.8 million tons/year, and the self-sufficiency rate has increased to 92.5%, effectively mitigating the price fluctuation risks associated with import dependence. In terms of price, caprolactam prices fluctuated slightly this month before stabilizing. As of January 30th, SunSirs' benchmark price for caprolactam was 9,500 RMB/ton, basically unchanged from the beginning of the month.

Supply and Demand: In January 2026, the overall operating rate of polyamide filament enterprises remained stable. Leading enterprises, leveraging their scale advantages and stable downstream customers, maintained operating rates at 85%-90%. Small and medium-sized enterprises, affected by weak demand, experienced a slight decline in operating rates, maintaining levels at 70%-80%. Overall, the industry supply was sufficient. Enterprises continued to face increasing inventory pressure, and the industry's inventory level showed an upward trend, with some companies experiencing high inventory levels.

In January 2026, the downstream market for polyamide filament yarn was experiencing a seasonal lull, compounded by the approaching Chinese New Year holiday. Downstream companies were gradually entering a period of holiday rest and maintenance, resulting in persistently low purchasing activity and overall weak demand. This lack of demand was a core factor hindering a market recovery this month..

Market outlook

As the Spring Festival approaching, polyamide filament factories faced inventory pressure, and weaving enterprises gradually ceased operations, leading to a further contraction in downstream demand. However, the raw material end remained relatively strong, with some caprolactam producers reducing output, gradually easing the pressure on raw material inventories. The upstream and downstream segments of the industry chain continued to engage in negotiations. From a supply perspective, market supply remained stable, and the supply situation remained relatively loose, with no clear signs of improvement in the supply-demand structure.

Overall, polyamide filament prices in February are expected to remain low and stable, with minimal price fluctuations before and after the Spring Festival. Some product specifications may experience slight price adjustments due to inventory pressure, but the downside potential is limited. After the holiday, as demand gradually recovers and raw material prices remain stable, prices may stabilize slightly. Analysts at SunSirs predict that a significant price increase is unlikely in the short term. In the long term, with continued industry capacity expansion and persistent supply-demand imbalances, polyamide filament prices are likely to maintain a low-level fluctuating pattern.

If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.