Nylon 6 daily review: Downstream Buyers Procure On Demand Amid Weak Market Consolidation

1 Today's Summary

①、 Sinopec’s high-end caprolactam settlement price for April 2026 is RMB 13,570 per metric ton (liquid premium grade, six-month acceptance bill, ex-works), an increase of RMB 940 per metric ton from the March settlement price.

②、 Sinopec's refineries in East China, South China, and Central China have reduced the price of pure benzene by 300 yuan/ton, setting it at 8,700 yuan/ton, effective from April 9th.

2 Spot Market Overview

Table 1 Summary of Domestic Polyamide 6 Prices (Unit: RMB/ton)

Data source: Longtou Information

Polyester factory inventory levels are high, and factory shipment intentions are strong, but downstream demand is weak, with the market mainly focusing on small-scale spot demand for chip products. Currently, the price of regular spun 12700-13000 yuan/ton cash short delivery in East China, and high-speed spun spot price is 13600-14000 yuan/ton acceptance delivery.

Figure 1 Domestic Polyamide 6 Weekly Price Trend (Unit: RMB/ton)	Figure 2 Domestic Polyamide 6 and Raw Material Price Trend Chart (Unit: CNY/ton)
Data Source: Longzhong Information	Data Source: Longzhong Information

3 Production Dynamics

The capacity utilization rate of polyamide 6 is 64.52%, remaining stable compared to yesterday.

2) The profit for conventional spinning PA6 chips is -RMB 500 per ton, and for high-speed spinning it is -RMB 525 per ton. Ton.

4 Price Forecast

Nylon 6 chip inventories at factories are generally high, with strong polymer shipment intentions, but downstream orders are lagging, and end-users are mostly adopting a wait-and-see approach for lower prices. In the near term, weak demand is expected to continue exerting downward pressure on PA6 chip prices.

5 Relevant Product Information

① Caprolactam ： The spot price of caprolactam in the East China market ranges from RMB 12,600 to 12,700 per ton. The market continues to reflect a tug-of-war between costs and demand, with prices remaining stable and consolidating. Downstream buyers are procuring cautiously, mainly based on immediate demand.

② Nylon filament yarn: In the Jiangsu, Zhejiang, and Fujian regions, the market price for nylon POY 85D/24 is RMB 14,800–16,500 per metric ton; some quotations are higher, and negotiations are flexible. With declining costs, the negotiating price center is trending downward. Overall, nylon filament trading is predominantly negotiation-based, with purchases mainly driven by immediate demand; the industry is operating at a slight profit margin.

6. Data Calendar

Table 2: Domestic Polyamide 6 Data Overview (Units: 10,000 tons, CNY/ton, days)