SunSirs: Polyamide Filament Prices Followed the Rise of Raw Materials (March 8)

Price trend

According to the price monitoring of SunSirs, as of March 8, 2022, the price of polyamide filament DTY (superior product; 70D/24F) in Jiangsu wa20,100 RMB/ton, and the price of polyamide POY (superior product; 86D/24F) wa17,450 RMB/ton., and the price of polyamide FDY (superior product: 40D/12F) a20,825 RMB/ton.

Analysis review

Affected by the cost-side effect, the price of polyamide filament continued to rise on March 7th and 8th, and mainstream products such as polyamide DTY rose by 200-400 RMB/ton. The supply of goods on site wasufficient, but the demand in the downstream terminal market wageneral, and the purchase on demand continued.

On March 8, the price of raw material caprolactam rose, and the support from cost side was better, and the spot price fluctuated and rose.

Market outlook

At present, the upstream raw material market fluctuates upwards, the price of polyamide filament continues to rise in a narrow range, the cost support has increased, the spot supply in the field is sufficient, and downstream end customers are cautious in purchasing. The trading atmosphere in the downstream terminal market is sluggish, and the demand follow-up is slow. Analysts of SunSirs predict that the polyamide filament market will fluctuate in the short term.

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