Views: 3 Author: Site Editor Publish Time: 2019-10-11 Origin: Site
With various reasons, it was universally believed among the industry that fabric mills would not purchase NFY actively in the year.
Since there was no obvious improvement in the demand side, a small number of nylon filament yarn plants promoted sales with flattened price or only periodically increased prices. It made the overall price increase harder, and even though, destock of NFY was slow.
During this round of price increase in nylon industry, some NFY plants with good sales conditions had removed inventory around 4-5 days, while mostly only reduced by 1-2 days. Compared with the nearly month-high inventory, the overall decline was not satisfactory.
Based on the above mentioned, and normal weakening of terminal demand in October, nylon filament yarn plants are more inclined to keep production rate according to sales, and control inventory strictly, to restrict risks when feedstock cost is high.