According to SunSirs data statistics, as of April 9, Jiangsu's polyamide DTY reported 14,200 yuan / ton, down 1,367 yuan / ton from the beginning of April, a decrease of 8.78%, and a year-on-year decrease of 33.64%; polyamide POY price was reported at 12,240 yuan / ton, It fell by 1,280 yuan / ton, a decrease of 9.47%, down 33.69% year-on-year. The price of polyamide FDY reported at 16,000 yuan / ton, down 750 yuan / ton, a decrease of 4.48%, and a year-on-year decrease of 31.18%.

It is reported that OPEC + member states are discussing plans to reduce production at least in the next three months (May-July). In the case of declining demand, the leaders of Saudi Arabia and Russia are preparing for a large-scale global production cut negotiation. Under this stimulus, crude oil rebounded from the bottom in April. As of April 9, WTI crude oil rose 22.51% in April, and the highest increase during the period was 27.34%. The price of crude oil rose, and the decline in chemical products slowed down. In April, the price of cyclohexanone rose by 0.64%, caprolactam fell by 7.95%, and there was a slight sign of recovery. PA6 fell by 0.64%. Judging from the sharp price cuts in the downstream, the stock of nylon raw materials was exhausted, and transactions may be slightly increased, but manufacturers are cautious in purchasing and insufficient transactions.

In April, the polyamide enterprise began to let go of itself, and belatedly ventured down. Most enterprises adjust their prices to 1,000-2500 yuan / ton. It was the original raw material inventory that was finally digested and began to return to the market. There is a cliff-shaped one, which drops 2,000 yuan / ton as soon as it opens; Some decrease 400-600 yuan / ton, and they all go the same way. Orders are not as good as in previous years. This is affirmative. Market prices are not well communicated, indicating that orders cannot be shipped and raw material consumption is slow; prices have fallen one after another. On the one hand, cost support has collapsed, and on the other hand, there is no demand to support it. The global trade circulation chain is blocked, the entire industry has experienced a cold winter, and prices are constantly refreshing the lowest in history.

Crude oil rebounded from the bottom, many commodities stopped falling and there were signs of recovery. At the same time, the epidemic was effectively controlled, so that the market saw hope, confidence increased, and US stocks and futures futures contracts rose. SunSirs analysts believe that during the negotiations on crude oil supply, the epidemic situation has improved and the commodities have stopped falling and there is an opportunity for rebound. However, short-term transactions are still the key. It is expected that nylon is still in the downward exploration period.

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