Changing industrial pattern amid emergence of nylon industry giant
——Li Yi, analyst of Zhejiang Huarui Information Consulting Co., Ltd.

 

Li Yi has started to analyze from the 2018 industry events. 

In 2018, the nylon prices showed a volatility upward trend, and the CPL and filament stocks stayed at low level, while the PA6 had a different trend. Although the profit of each product in the industrial chain is basically above the profit line, the profit is obviously biased towards CPL. 

The related factors including the high commodity prices, spun yarn prices, PP prices and PA66 prices. Of course, the high price of cyclohexanone, strong demand growth and limited expansion are the main factors supporting the narrow fluctuations at high. The poor performance of staple fiber is the main reason for the difference between conventional spinning and high-speed spinning. As for the impact of the Sino-US trade war on the industry, it can not be judged overnight. It remains to be seen later. 

The industry contract model is too simple and rude, and it needs to be explored and improved. With the adjustment of tax rebates, the export market may usher in a breakthrough, especially PA6. At present, several major giants in the industry have gradually formed, and the upstream integration time is long, and how the downstream will evolve will be waiting to be seen.