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Prices of nylon chips, filament yarn expected to rise: TexPro
05
May '21
The prices of nylon chips (CFR SE Asia) and nylon filament yarn (FDY 70D/24F, FOB NE Asia) may increase in the coming months due to rising prices of benzene and caprolactam and a high demand from the downstream industry. The filament price dropped in April 2021 due to an unclear price trend of raw materials and restrained downstream procurement.
The prices of nylon chips (CFR SE Asia) and nylon filament yarn (FDY 70D/24F, FOB NE Asia) may increase in the coming months due to rising prices of benzene and caprolactam and a high demand from the downstream industry. The filament price dropped in April 2021 due to an unclear price trend of raw materials and restrained downstream procurement.