Nylon 6 daily review: Weak Demand Support Leads to Weak and Volatile Chips Market

1 Today’s Summary

①、 Longzhong Information reported on April 13: Sinopec’s caprolactam weekly settlement price last week was RMB 13,800 per ton (six-month acceptance bill, interest-free), down RMB 230 per ton from the previous period.

②、 Sinopec’s refineries in East China, South China, and Central China have lowered the price of pure benzene by RMB 300 per ton to RMB 8,700 per ton, effective April 9.

2 Spot Market Overview

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

Data source: Longzhong Information

Downstream enterprises are also becoming more cautious in purchasing raw materials, with inventory levels rising, and the market lacksSubstantial Support Currently, in East China, conventional PA6 spun yarn is priced at RMB 13,200–13,400 per ton on a cash basis with short-distance delivery, while high-speed spun PA6 is offered at RMB 14,000–14,200 per ton on a letter of credit basis with delivery included.

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 67.69%.

2) The profit for conventional spinning PA6 chips is -600 RMB/ton, and for high-speed spinning, it is -500 RMB/ton. tons.

4 , Price Prediction

Market buying interest is generally lukewarm. ， Slice factory inventory continues to rise, polymeric enterprises face pressure in sales.PA6 chips are expected to exhibit a weak and volatile trend in the near term.

5 Relevant Product Information

Caprolactam ： Today, the market price of caprolactam in East China is RMB 13,100 per ton, delivered with acceptance bill, unchanged from the previous working day. Caprolactam market sees supply-demand tug-of-war; prices remain stable amid. 。

Nylon filament: In the Jiangsu, Zhejiang, and Fujian regions, the market price for nylon POY 85D/24 is RMB 15,500–16,700 per metric ton, with some quotations higher; negotiations are flexible. Driven by rising costs, prices remain firm at the upper end of the range. Overall, nylon filament is traded primarily through negotiations, with buyers purchasing only to meet immediate, essential demand; the industry operates on slim profit margins.

6. Data Calendar

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