Current price levels and weekly movement
As of July *, ****, DTY **D/**F (domestic China) stood at $*.*** per kg, FDY **D/**F (FOB China) at $*.*** per kg, POY **D/**F (domestic China) at $*.*** per kg, and POY **D/**F (domestic China) at $*.*** per kg. Against the previous week, DTY moved down *.* per cent, FDY down *.* per cent, POY **D/**F up *.* per cent, and POY **D/**F up *.* per cent almost stable market. Price movements this week stayed within the *.* per cent band, which is commonly regarded as routine market noise rather than a meaningful directional shift. This suggests a flat, range-bound market where demand and supply are broadly in balance.
Why the market has turned flat
Three developments appear to be driving this pause. First, feedstock costs have stopped falling at their earlier pace. Caprolactam (FOB China), the primary monomer input for Nylon *, moved from $*.*** per kg on June ** to $*.*** per kg on June ** and then $*.*** per kg on July *, a change of just *.* per cent in the latest week, itself within the stability range. Since yarn pricing tracks caprolactam economics closely, a stalled input cost removes the main force that had been pulling conversion prices lower.
