This week (October 20-24, 2025), the center of gravity of nylon PA6 slicing upstream of nylon filament weakened downward, cost support weakened, on-site supply was sufficient, inventory levels continued to increase, coupled with weak terminal demand and weak purchasing willingness of downstream manufacturers, market bearish factors dominated, and nylon filament market prices continued to decline weakly.
According to the Commodity Market Analysis System of Shengyi Society, the price of nylon filament fell weakly this week (October 20-24, 2025). As of October 24, 2025, DTY (premium product) of nylon filament in Jiangsu region; 70D/24F) quoted 13560 yuan/ton, a decrease of 100 yuan/ton compared to the same period last week, with a weekly decrease of 0.73%; Nylon POY (premium product; 86D/24F) quoted 11300 yuan/ton, a decrease of 100 yuan/ton compared to the same period last week, with a weekly decrease of 0.88%; The price of nylon FDY (premium product: 40D/12F) is reported at 14175 yuan/ton, a decrease of 150 yuan/ton from the same period last week, with a weekly decline of 1.05%.
Weakening of raw material support
In terms of cost: This week (October 20-24, 2025), the spot market price of caprolactam continued to decline weakly, with Sinopec’s caprolactam closing price of 8710 yuan/ton. The nylon PA6 chip market mainly operated weakly, with a slight price drop and weak cost support. As of October 24, 2025, the benchmark price of caprolactam in Shengyi Society was 8403 yuan/ton, with a weak price and a slight decline of 0.67% per week. During the week, the market price of high-speed spun nylon PA6 chips fell weakly, with a weekly decline of 2.33%, and the cost support continued to be weak.
Supply and demand: During the week, some nylon filament manufacturers had sufficient overall supply, but the industry’s inventory level continued to increase. Some companies had orders placed, but the overall activity was far below the same period last year. Overall, the market demand performance was weak, leading to increasing inventory pressure on nylon factories. Poor performance on the supply side; The demand in the end market is weak, and some downstream manufacturers have reduced production or switched production, resulting in a decrease in demand for nylon filament. It is difficult to find favorable support from the demand side, and many parties are following suit with rigid demand. Many industry players are adopting a cautious and wait-and-see attitude.
Future forecast
Cost aspect: In terms of caprolactam, the expectation for pure benzene is weak, and slice manufacturers have low enthusiasm for purchasing caprolactam. It is expected that the caprolactam market will remain weak and mainly consolidate at a low level in the short term; In terms of nylon PA6 chips, cost support is limited, and the supply level of PA6 chips in the market may continue to improve. Downstream market demand is weak, and it is expected that the market price of nylon PA6 chips will weakly decline.
Supply and demand: Although October is the traditional peak season, the difference between peak and off peak seasons is no longer clear in recent years, and the trading atmosphere continues to be weak. Therefore, it is expected that the demand for nylon filament market will remain weak next month. However, under the current inventory pressure, some nylon filament manufacturers may have the possibility of reducing their production capacity, while the industry continues to release new production capacity, resulting in overall supply pressure remaining relatively high.
Overall, the upstream raw material caprolactam spot market and nylon PA6 chip market will continue to operate weakly, with a lack of cost support, high supply pressure, and difficulty in improving downstream market demand. Follow up on demand will be the main focus, with prominent supply-demand contradictions and no positive news. Business analysts predict that the short-term nylon filament market will continue to be low and stable, with weak price consolidation as the main trend.
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