This week (September 22-26, 2025), downstream demand remained sluggish, and there was no significant improvement in terminal market demand. Downstream factories held onto rigid demand procurement in multiple dimensions, resulting in poor transmission of demand from bottom to top, leading to sustained light shipments from nylon filament manufacturers and increasing inventory pressure; The upstream cost support is insufficient, and the market trend of nylon PA6 chips is weak. The supply in the market is abundant, but the performance of the supply side is average. The price of nylon fiber market is weak and declining.
| Gamma-PGA (gamma polyglutamic acid) |
Nylon filament prices are weak and falling
According to the Commodity Market Analysis System of Shengyi Society, the price of nylon filament fell weakly this week (September 22-26, 2025). As of September 26, 2025, DTY (premium product) of nylon filament in Jiangsu region; 70D/24F) quoted 13880 yuan/ton, a decrease of 440 yuan/ton compared to the same period last week, a weekly decrease of 3.07%; Nylon POY (premium product; 86D/24F) quoted 11575 yuan/ton, a decrease of 475 yuan/ton compared to the same period last week, a weekly decrease of 3.94%; The price of nylon FDY (premium product: 40D/12F) is reported at 14500 yuan/ton, a decrease of 400 yuan/ton from the same period last week, with a weekly decline of 2.68%.
Weak and small movements on the raw material side
In terms of cost: This week (September 22-26, 2025), the spot market price of caprolactam weakened and fell. The weekly closing price of Sinopec caprolactam was 9078 yuan/ton (interest free for six-month acceptance). The nylon PA6 chip market was mainly weakly consolidated, with stable price trends and weak cost support. As of September 26, 2025, the benchmark price of caprolactam in Shengyi Society was 8726 yuan/ton, mainly due to weak price consolidation, with a weekly decline of 0.78%. During the week, the market price of high-speed spun nylon PA6 chips remained weak, stable, and slightly fluctuating, with a weekly decline of 0.33%. Cost side support is mainly weak.
Supply and demand: During the week, the operating rate of some nylon filament manufacturers remained stable, and the overall market supply was sufficient. However, the industry’s inventory level continued to increase, and the supply side performance was poor; The demand in the end market is weak, and some downstream manufacturers have reduced production or switched production, resulting in a decrease in demand for nylon filament. It is difficult to find favorable support from the demand side, and many parties are following suit with rigid demand. Many industry players are adopting a cautious and wait-and-see attitude.
Future forecast
Cost aspect: In terms of caprolactam, the expectation for pure benzene is weak, and slice manufacturers have low enthusiasm for purchasing caprolactam. It is expected that the caprolactam market will remain weak and mainly consolidate at a low level in the short term; In terms of nylon PA6 chips, cost support is limited, and the supply level of PA6 chips in the market may continue to improve. Downstream market demand is weak, and it is expected that the market price of nylon PA6 chips will weakly decline.
Supply and demand: Although September is the traditional peak season, the difference between peak and off peak seasons is no longer clear in recent years, and the trading atmosphere continues to be weak. Therefore, it is expected that the demand for nylon filament market will remain weak next month. However, under the current inventory pressure, some nylon filament manufacturers may have the possibility of reducing their production capacity, while the industry continues to release new production capacity, resulting in overall supply pressure remaining relatively high.
Overall, the upstream raw material caprolactam spot market and nylon PA6 chip market will continue to operate weakly, with a lack of cost support, high supply pressure, and difficulty in improving downstream market demand. Follow up on demand will be the main focus, with prominent supply-demand contradictions and no positive news. Business analysts predict that the short-term nylon filament market will continue to be low and stable, with weak price consolidation as the main trend.
| http://www.lubonchem.com/ |