On July 30, 2026, the benchmark price of nylon FDY stood at 16,500 yuan/ton, a modest 1.23% increase from the beginning of the year. Behind this seemingly flat figure lies a full year of nearly 30% price volatility, from a trough of 14,175 yuan/ton to a peak of 19,950 yuan/ton. The nylon FDY market has experienced a complete industrial cycle.
Mid-Range Volatility: An Industrial Signal
According to public industry data, the median price of nylon FDY over the past year was 17,062.5 yuan/ton. The current price of 16,500 yuan/ton sits just below the median, indicating that the market is neither overheated nor deeply depressed. The annual statistics show a top deviation of -3,450 yuan/ton and a bottom deviation of 2,325 yuan/ton. This asymmetric price structure suggests that downward pressure outweighs upward momentum.
Notably, the current price of 16,500 yuan/ton is still about 5% above the annual average of 15,688.11 yuan/ton. This means the current price is not at the bottom but rather in a relatively reasonable range. For upstream and downstream players in the supply chain, this level presents both opportunities and risks.
The Game Between Raw Material Costs and End Demand
The price trend of nylon FDY is primarily driven by two variables: the cost pass-through from upstream caprolactam and the end demand from downstream textiles and apparel. Over the past year, caprolactam prices experienced a decline from highs to stabilization, directly impacting the cost support for nylon FDY. When raw material prices hit a low at the end of 2025, nylon FDY also touched its annual bottom of 14,175 yuan/ton.
Demand on the downstream side has shown divergence. Demand from sportswear and outdoor equipment for nylon FDY remained resilient, but growth in the conventional apparel sector slowed significantly. This structural difference caused nylon FDY prices to retreat quickly after rebounding to 19,950 yuan/ton, failing to form a sustained upward trend.
Inventory Cycles and Procurement Rhythms
From an industry inventory cycle perspective, the recent fluctuation of nylon FDY closely aligns with the overall destocking rhythm of the textile supply chain. In the second half of 2025, as terminal orders shrank, downstream weaving companies generally adopted a just-in-time procurement strategy, putting downward pressure on nylon FDY prices. In 2026, restocking demand was released in stages, pushing prices back to mid-range levels.
However, the current price of 16,500 yuan/ton sits at a delicate balance point. Upward risks include raw material cost support and restocking expectations, while downward risks involve uncertainty in end demand and capacity release pressure. For buyers, this level requires more refined operational strategies.
