The Nylon DTY market moved through a year of shifting conditions in 2024, shaped mainly by changes in demand, feedstock costs, and global trade disruptions. In the first quarter, prices generally softened as many factories operated at lower rates during holiday periods and downstream textile units restarted slowly. Higher inventories and weak buying interest kept the market under pressure. Europe and North America also saw declines as winter demand faded and upstream costs eased, creating a muted start to the year.
During the second quarter, the trend turned upward. Stronger demand from sectors such as tires and improved global consumption helped lift sentiment, especially in Asia. Supply tightening by producers and ongoing freight disruptions supported this rise. Europe and North America followed a similar pattern as production costs climbed and regional economic activity improved, although logistics challenges continued to affect trade flows.
The third quarter showed mixed movement. Oversupply and cautious buying initially pushed prices down, but later in the quarter market conditions began to stabilize. Some revival in textile and automotive orders helped rebuild confidence. By the end of Q3, most regions showed early signs of recovery as operating conditions and global trade flows improved.
In the fourth quarter, however, the market slowed again. Feedstock costs increased slightly, but overall demand from textiles stayed weak. Ample inventories and cautious purchasing kept prices from rising much, and higher supply levels in key Asian markets added further pressure.