China Nylon Market - Sales Thin amid Tightening Policies

Affected by tightening policies, CPL price dropped gradually in H2 Nov and the sales were thin. Meanwhile, transactions of nylon 6 chips also weakened, but as many high-speed spinning chips have been oversold, the prices could managed to keep steady. Downstream filament yarn prices also consolidated at high levels.

Operating rate of polymerization and nylon plants almost kept steady. Nylon inventory reduced slightly.

source:ChinaTexnet