Nylon Filament Yarn (NFY) Prices, News, Demand and Supply | ChemAnalyst

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Nylon Filament Yarn (NFY) Prices Overview
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Market Overview 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. Get more info
https//www.chemanalyst.com/Pricing-data/nylon-fil
ament-yarn-1096 Bangladesh, Asias 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 producers concerns. Ex-Depot
price for NFY 40/24D grade was assessed around
USD 3340 per MT in India during the first half of
December.

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Nylon Filament Yarn (NFY) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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
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Nylon Filament Yarn (NFY) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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 companys 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
industrys 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.
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Nylon Filament Yarn (NFY) Prices Overview
E-mail info_at_chemanalyst.com website
www.chemanalyst.com/
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.