Nylon FDY prices are experiencing the most significant downward pressure in the past year. According to industry public data, as of June 29, 2026, the benchmark price of nylon FDY stood at 16,300 CNY/ton, down 4.12% from 17,000 CNY/ton at the beginning of the month. Within the annual price range, the current price is at a mid-low level, only about 15% above the lowest point of 14,175 CNY/ton and 3,650 CNY/ton below the highest point of 19,950 CNY/ton. What does this price position mean for the chemical fiber chain? Is it a phased bottom signal or the starting point of a new round of decline?
Supply-Demand Logic Behind Price Movement
Annual statistics show that nylon FDY experienced sharp fluctuations over the past year, from a high of 19,950 CNY/ton to a low of 14,175 CNY/ton, with an average of approximately 15,593.65 CNY/ton. The current price of 16,300 CNY/ton is slightly above the average but only 2,125 CNY/ton from the bottom. This data indicates that nylon FDY has fallen from the high levels of mid-2025 to a relatively low range, with market sentiment leaning bearish.
The direct driver of this decline is weak downstream demand. Nylon FDY is mainly used in apparel fabrics, sportswear, and industrial textiles, and slowing end-consumption growth has directly suppressed raw material purchasing intentions. Chemical fiber industry data shows that since Q2 2026, loom operating rates in the Jiangsu-Zhejiang region have remained at a low level of 65%-70%, significantly lower than the same period in previous years. Downstream fabric inventories have accumulated, and weaving enterprises prefer to purchase on demand rather than stockpile, transmitting cautious sentiment upstream and leading to thin trading and price pressure for nylon FDY.
Chain Reaction in Industrial Clusters
The impact of price decline has already emerged in chemical fiber clusters. In major nylon production areas such as Changle, Fujian, and Xiaoshan, Zhejiang, some small and medium-sized polymerization and spinning companies have reduced production or arranged maintenance. Industry insider information shows that since mid-June, nylon chip prices have also weakened, weakening cost support and further compressing FDY profit margins. For filament companies, the current price of 16,300 CNY/ton is close to the breakeven point for some enterprises. If prices continue to fall, it may trigger larger-scale capacity adjustments.
From the procurement side, low prices have created certain opportunities. Some large apparel brands and traders have begun small-scale trial restocking, but overall transaction volumes have not expanded. The market is clearly in a wait-and-see stalemate: upstream hopes for stabilization or a rebound, while downstream expects lower prices. This game pattern is expected to continue until mid-Q3.
Outlook and Risk Warning
Based on the supply-demand fundamentals, nylon FDY lacks strong momentum for a significant rebound in the short term. On one hand, crude oil price fluctuations affect caprolactam costs, and current international oil prices are in a volatile range, unable to provide clear direction for nylon prices. On the other hand, Q3 is the traditional off-season for textiles, with domestic orders seasonally declining, and external demand facing increased uncertainty due to global inflation and exchange rate fluctuations. Industry public data predicts that the nylon FDY price range for Q3 may be between 15,500 and 16,800 CNY/ton.
However, it should be noted that the current price is already at a mid-low level, and further downside space is limited. For buyers with actual needs, they may consider batch-wise cost locking when prices approach 15,500 CNY/ton.