The benchmark price of Nylon FDY broke below the 17,000 yuan mark in early June 2026, settling at 16,500 yuan per ton, a 2.94% drop from the beginning of the month. This figure underscores the volatile journey of the chemical fiber industry over the past year, with prices swinging from a low of 14,175 yuan to a high of 19,950 yuan—a range exceeding 40%.
Price Center Shift and Supply-Demand Dynamics
From an annual perspective, the current price sits at a mid-range level, but the median value of 17,062.5 yuan is already history. The gap from the top is as large as 3,450 yuan, indicating significantly expanded bargaining power for buyers within the yearly cycle. Public data from China Customs shows that nylon export growth slowed in Q1 2026, while new domestic capacity continued to come online, tilting the supply-demand balance clearly in favor of buyers.
Notably, the daily decline of 0.90% is not an isolated event. Over the past three months, Nylon FDY prices have been in a persistent downtrend, resonating with weakening upstream raw material prices such as crude oil and pure benzene. Chemical fiber companies are facing not only shrinking end-order volumes but also the risk of raw material inventory devaluation.
Industrial Belt Response: From Keqiao to Changle
As major nylon consuming regions, weaving enterprises in Keqiao, Zhejiang, and Changle, Fujian, have started adjusting their procurement pace. Some mills have shifted regular FDY orders to weekly purchasing to avoid bulk stockpiling. A factory in Changle, with an annual output of 50,000 tons of nylon filament, revealed that its product inventory turnover days have extended from 45 to over 60 days, forcing a reduction in operating rates to 70%.
This cautious sentiment downstream has transmitted upstream, putting pressure on nylon chip prices. Industry public data shows that nylon chip prices in East China had fallen to around 12,500 yuan per ton by early June, down about 8% from the start of the year. The entire industrial chain exhibits a classic 'volume and price contraction' pattern.
Price Expectations and Risk Points
Although the current price of 16,500 yuan is higher than the yearly low of 14,175 yuan, with no clear signs of demand recovery downstream, further downside is possible. Industry analysts point out that if crude oil prices continue to fall or export orders for textile end-products remain weak, Nylon FDY prices could test the 15,000 yuan mark in the next two months.
On the other hand, a bottom gap of 2,325 yuan suggests the price is not near the floor, limiting the potential for a sharp crash. For foreign trade companies, exchange rate fluctuations and the pace of overseas inventory destocking will be key variables influencing future price trends.