Nylon FDY Price Trend and Forecast

Nylon FDY Regional Price Overview

Get the latest insights on price movement and trend analysis of Nylon FDY in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

Nylon FDY Price Trend for the First Half of 2024

Nylon Fully Drawn Yarn (FDY) experienced notable price fluctuations throughout the first half of 2024, shaped by various external factors and market dynamics. During the first quarter, the market saw a steady upward trajectory in prices. This increase was largely driven by rising costs of raw materials and energy, coupled with stable demand from downstream industries. The consistent demand helped maintain a relatively firm market sentiment, allowing prices to stabilize at higher levels. However, as the market moved into the second quarter, the landscape shifted.
 

Nylon FDY Price Chart

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A significant drop in crude oil prices exerted downward pressure on FDY prices, leading to a notable decline. The decrease in demand further exacerbated this trend, prompting suppliers to take a more cautious approach. To manage the pricing environment and prevent a steep fall, suppliers controlled the influx of new supply into the market. These corrective measures eventually led to a slight recovery in prices toward the end of the second quarter, as the market sought to regain equilibrium.

Overall, the price trend for Nylon FDY in the first half of 2024 was characterized by an initial period of stability and growth, followed by a challenging second quarter marked by declines and cautious market adjustments. The interplay between rising costs, fluctuating demand, and external economic factors played a significant role in shaping the pricing dynamics of FDY during this period.

Analyst Insight

According to Procurement Resource, price consolidation is expected for nylon FDY in the coming months. The supply and demand dynamics doesn’t look supportive of any major change in the market dynamics.
 

Nylon FDY (Fully Drawn Yarn) Price Trend for the Second Half of 2023

The nylon FDY (Fully Drawn Yarn) price trend observed a vacillating trajectory throughout the said period of H2’23. The Asian market’s performance was relatively more upward inclined in the third quarter than in the fourth. A rising industrial demand curve pushed the market prices upwards.

And this continued into the fourth quarter as well. However, the last couple of months were a little tough for the industry as the industrial working days were already fewer because of the holidays, and the Panama Canal restrictions disturbed the remaining trade. So, a very lukewarm market performance was witnessed by the Nylon FDY market during the last two quarters of 2023.

Analyst Insight

According to Procurement Resource, the Nylon FDY market is set to rise again in the coming months as the demands are expected to surge going forward, given the current dynamics.
 

Nylon FDY Price Trend for the First Half of 2023

Nylon FDY (Fully Drawn Yarn) is a highly and speedily spun version of the Nylon fabric. High spinning speed provides it with a smooth silk-like finish, which makes it fit for garments, conveyor belts, swimwear, and other purposes.

Nylon FDY prices are primarily influenced by its feedstock nylon chip prices and its demands from the consuming garment industries. During the said period, the market was observed to be dull globally. The rise in popularity of natural fibres was one of the reasons, and along with that, the already piled inventories which could not be utilized because of various freight and supply chain issues caused by the geopolitical tensions also contributed to the low swinging price trend. Suppliers offered more and more discounts in the hope of positive product movement. So, feeble market sentiments were observed.

Analyst Insight

According to Procurement Resource, the price trend for Nylon FDY are likely to follow a similar pattern given the overstocked inventories and bearish market activity.

Procurement Resource provides latest prices of Nylon FDY. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.