Home
Chemical Prices
Nylon Filament Yarn (NFY)

Nylon Filament Yarn (NFY) Prices Overview

Get Real Time Prices

Nylon Filament Yarn (NFY) Prices Overview

Get Real Time Prices

Market Overview

Quarterly update on Global Nylon Filament Yarn (NFY) market

For Quarter ending December 2020

The Asian textile market was booming in the final quarter of 2020 due to a significant drop observed in COVID-19 cases and sharp pick-up in industrial activities. Bangladesh, Asia’s second largest textile exporting country reported optimum textile production levels despite headwinds due to the pandemic and maintained the steady industrial growth till the end of December. Buoyed by recovering trade, India experienced a significant growth in its overall textile exports by around 6.3% in October 2020 compared to the previous year. Furthermore, festive season showed some further growth in the Indian textile industry in November that induced a direct impact on the demand of NFY. The Indian NFY industry witnessed increase in prices with soaring feedstock Caprolactam and tighter global supply as the key producer’s concerns. Ex-Depot price for NFY 40/24D grade was assessed around USD 3340 per MT in India during the first half of December.

Europe

Supply of Nylon 6 in the final quarter of 2020 in Europe remained significantly low because of force majeures declared by LANXESS, the largest manufacturer of feedstock Caprolactam in Europe in the October-end. The shortage of feedstock directly impacted producers’ margins compelling them to increase prices of NFY in the mid of the fourth quarter of 2020. Due to the second wave of COVID-19 infections faced by many European countries, the demand for NFY from the automotive sector showed a significant decline by 13.5% in November, on a year-on-year basis.

North America

Market sentiments of Nylon filament yarn (NFY) remained in a narrow range in the final quarter of 2020, as US’ imports of NFY significantly decreased from around 1075 tonnes in October to nearly 992 tonnes in December 2020 with China standing on the top among exporters in Q4 2020 although the figure remained relatively pressured over the previous year due to the US-China trade war. Towards the end of the quarter, textile market across the US improved significantly although the overall demand fundamentals are yet to pave normalcy.

How we can help

ChemAnalyst addresses the key problematic areas and risks associated with chemical and petrochemical business globally and enables the decision-maker to make smart choices. It identifies and analyses factors such as geopolitical risks, environmental risks, raw material availability, supply chain functionality, disruption in technology and so on. It targets market volatility and ensures clients navigate through challenges and pitfalls in an efficient and agile manner. Timeliness and accuracy of data has been the core competency of ChemAnalyst, benefitting domestic as well as global industry in tuning in to the real-time data points to execute multi-billion-dollar projects globally.

Services

Market Analysis

Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Nylon Filament Yarn (NFY) is calculated considering the production, import, export and inventory-levels on the country and regional level markets.

Learn More

Pricing Analysis

The product price is correlated with the price trend of crude oil, demand-supply gap, fluctuations in the feedstock and with the market movement of the downstream sectors.

Learn More

Company Profile

Basic details and information on financial performance of leading global players in the Nylon Filament Yarn (NFY) market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.

News & Deals

Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.

Learn More

Methodology

ChemAnalyst gathers information through primary research surveys conducted with various Nylon Filament Yarn (NFY) manufacturers, spread across the domestic and international market, suppliers and dealers/distributors to gain insights into value-chains and demand-supply scenario to assess the market situation. Thorough study of company’s annual reports and secondary sources such as exhaustive search on credible paid databases, including our internal database is done to verify the information. All the collected information is analyzed, evaluated and presented in chronological order to depict a meaningful and clear picture of the concerned market.

Our dedicated team of industry experts comprehensively monitors and analyzes various aspects of the Global NFY market. The team analyzes various industrial segments, strategic viewpoints and provides an analysis of the industry’s performance in the long run. This would enable our clients in efficiently plan their future investments, mitigate risk, understand the cost dynamics and strike out a balance amidst market volatility.

Critical examination of the impact of COVID-19 pandemic on the global supply chains and shift in demand patterns with change in buying behavior of consumers across the globe.

Several ongoing development projects across industries are tracked, followed by the details of major projects in the development stage, which can positively or negatively influence Global NFY market.

Pricing is captured through exhaustive primary interviews with domestic and international manufacturers, traders and importers and customers on monthly and yearly basis.

Finally, region-specific markets for NFY are analyzed and region-wise demand pattern is tracked.

About

Nylon Filament Yarn (NFY) is a long, man-made/synthetic fibre manufactured from Nylon 6 or Nylon 6,6. These fibres are used in textile fabrics, fishing net and many other industrial applications. These Nylon filaments are used to make fabrics for clothing, automobiles seats, embroidery etc. Nylon Filament Yarn is extensively favourable in industries due to its durability, high tensile strength, and non-corrosive nature. Manufacturing process of NFY starts from introducing feedstock Nylon 6 or Nylon 6,6 pellets or chips into the extruder where they get melted. After subjecting into extruder, the melted polymer comes out of the small holes into the cold environment forming long fibres. Later, these fibres are collected as yarns and delivered to manufacturers of the end products.

Track real-time price movement of 250+ chemical and petrochemical products for informed purchase decisions

Nylon Filament Yarn (NFY) Prices Overview