Textile & Apparel
Nylon Fiber and Yarn Market Analysis: Trends, Prices & Forecast
Insights
- Between May 6 and 17, 2024, nylon filament yarn prices saw a slight increase as NFY factories raised prices due to shortages across various specifications. The rise in contract raw material prices outpaced the increase in NFY, resulting in expanded profit margins.
- Tight supply conditions, escalating costs, and strong demand further fuelled the upward movement in nylon filament prices.
- Prices for 70 denier FDY were settled between US$2.50 and US$2.60 per kg on an FOB basis in the Northeast Asia market.
- The NFY expected to smoothly follow the upward trend in short run.
Trend Report
The average price of Nylon Filament Yarn FDY 70D/24F - FOB NE Asia has decreased by -1.93% in the month of April 2024 as compared to March 2024. The price of Nylon Filament Yarn FDY 70D/24F - FOB NE Asia has been below its last six months average price by -0.01%. The price of Nylon Filament Yarn FDY 70D/24F - FOB NE Asia has grown by a CAGR of 0.14% in last one year. The price of Nylon Filament Yarn FDY 70D/24F - FOB NE Asia in the month of April 2024 has decreased by -2.00% as compared to the same month last year.
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