Nylon filament prices showed a notable softening in mid-June 2026. On June 12, Hai'an Jiahe Chemical Fiber Co., Ltd. quoted POY86D/24F at 13,700 CNY/ton and DTY70D/24F at 15,600 CNY/ton, with all firm orders open to negotiation. These levels represent a decline of approximately 2%-3% from previous market averages, reflecting the pressure on the synthetic fiber sector during the off-season.
Industry Signals from Price Declines
The simultaneous weakening of both POY and DTY varieties indicates that the price drop is not an isolated fluctuation for a single specification but rather a reflection of overall weak demand for nylon filament. From a multi-factor scoring perspective, both POY and DTY received a score of -1 (generally bearish), while FDY remained neutral. This suggests that the market's primary contradiction lies in sluggish spot transactions rather than cost-side or policy-side shocks.
Notably, Hai'an, as an important chemical fiber industrial cluster in Jiangsu Province, often serves as a regional bellwether for price movements. The price adjustment by Jiahe Chemical Fiber may trigger follow-up actions by surrounding small and medium-sized nylon enterprises, potentially forming a regional price downward channel in the short term.
Industrial Cluster Response and Supply Chain Transmission
Hai'an's nylon industrial cluster is known for producing polyester and nylon filament, with products mainly supplied to weaving and warp knitting mills in the Jiangsu-Zhejiang-Shanghai region. This price reduction benefits downstream buyers by lowering raw material costs, but it puts pressure on upstream caprolactam (CPL) suppliers.
- For weaving mills: The current decline in nylon filament prices helps alleviate the cost pressure of grey fabric production, but mills must be cautious about the risk of inventory depreciation if prices continue to fall.
- For traders: The increased room for negotiation means bargaining power tilts toward buyers, but shipment speeds may further slow down.
- For chemical fiber plants: If price cuts fail to stimulate orders effectively, it may lead to production cuts or maintenance schedules to balance supply and demand.
Historically, June marks the beginning of the textile off-season, and the weakening of nylon filament prices at this time is consistent with seasonal patterns. However, this year, combined with factors such as slowing growth in downstream garment exports and weak end-consumer confidence, the decline may exceed that of previous years.
Practical Recommendations
For Procurement Managers - Monitor weekly price changes at Hai'an and surrounding chemical fiber plants. If POY86D/24F falls below 13,500 CNY/ton, consider phased price-locking purchases. - Given the current large room for negotiation, sign short-term framework agreements with suppliers to limit price fluctuation risk within 3%. - Avoid large one-time stockpiling; prioritize fulfilling production needs for the next two weeks to hedge against further declines.
For Foreign Trade Companies - The drop in nylon filament prices helps reduce fabric costs for exported garments, allowing more competitive FOB quotes to overseas clients. - Pay attention to the linkage risk between exchange rate fluctuations and raw material prices; include price adjustment clauses in long-term orders. - Monitor demand changes for nylon fabrics in Southeast Asian markets. If domestic prices continue to fall, increase promotion efforts in countries such as Vietnam and Bangladesh.
Overall, the softening of nylon filament prices in Hai'an results from the combined effects of the industry off-season and weak demand. In the short term, there is little support for a strong rebound, and both buyers and producers need to maintain flexible strategies to cope with the risk of further price declines.