Nylon 6 Chip Market Weekly (May 16-20, 2011)
| Nylon 6 chip spot price | 13-May | 20-May | Average price | Trend | |
| High-speed spinning chip | China-made (yuan/mt) | 29800 | 29200 | 29300 | →↘ |
| Imported (USD/mt) | 3690 | 3580 | 3580 | →↘ | |
| Conventional spinning chip | China-made (yuan/mt) | 28200 | 27600 | 27750 | →↘ |
| Imported (USD/mt) | / | / | / | ||
| Operating rate % | Last week | This week | |||
| High-speed spinning chip | China Mainland | 68 | 68 | ||
| Taiwan | 63 | 63 | |||
| Conventional spinning/EP/ film/staple fiber chip | China Mainland | 68 | 68 | ||
| Nylon 6 textile filament yarn | China Mainland | 90 | 87.5 | ||
| Chip inventory | |||||
| Chip producers | Medium | ||||
| Textile filament producers | Low | ||||
| Market roundup | |||||
| This week, CPL spot prices dropped largely with its USD prices down by around $120/mt. And nylon filament yarn plants only purchased in small numbers suffering from sagging sales and high NFY inventory. Nylon chip market continued with the bearish trend. | |||||
 | |||||
| In nylon 6 HS chip market, domestic market saw prices down continuously. High-grade semi-dull chip were offered at 30000yuan/mt by acceptance delivered, and trading prices retreated to 29500yuan/mt or slightly below. Medium-low-grade products were traded lower at 28000-28300yuan/mt by cash or 28500-29000yuan/mt by acceptance deliver, only a few lower. Imported chips from Taiwan were traded in larger volume now, with big orders traded intensively at $3580/mt or lower, and prices for small orders were higher. While, plants were mostly waiting at this level, and some counter-offers under negotiation now were low at $3500/mt or lower. | |||||
 | |||||
| In nylon CS chip market, low-grade fish-net, staple-grade, and engineer-plastic products were traded lower to 27800-28000yuan/mt by cash, with higher-quality traded at 28300-28500yuan/mt, few at the higher part of the range. | |||||
| Market outlook | |||||
| In nylon CS chip market, low-grade bright chips were offered at 27500yuan/mt, traded at the same level of slight lower, and higher-quality products were traded at 27800-28000yuan/mt. Semi-dull chips were traded higher. | |||||
| Note: HS chips: high-speed spinning chips; CS chips: conventional spinning chips | |||||
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