The Polyamide Filament Market Remained Weak, with Prices Continuing Their Downward Trend

Last week (might 18–22), the polyamide filament market continued its weak, downward direction, with prices to all mainstream items edging reduce.

Polyamide DTY (Jiangsu, 70D/24F Semi-dull Premium Grade): Prices fell from the previous level of 17,200 RMB/ton to 17,020 RMB/ton—a weekly decline of approximately 1.05%—marking a cumulative drop of 3.08% from the early-might peak of 17,560 RMB/ton.

Polyamide POY (Jiangsu, 86D/24F Semi-dull Premium Grade): Prices retreated from 15,050 RMB/ton to 14,875 RMB/ton—a weekly decline of 1.16%—marking a cumulative drop of 3.72% from the early-month peak of 15,450 RMB/ton.

Polyamide FDY (Fujian, 40D/12F Semi-dull Premium Grade): Prices decreased from 17,775 RMB/ton to 17,575 RMB/ton—a weekly decline of 1.13%—marking a cumulative drop of 3.30% from the early-month peak of 18,175 RMB/ton.

Overall, polyamide filament across all categories completed a second round of price reductions last week. The downward direction maintained its previous pace; with the market lacking momentum to a rebound, the center of gravity to prices continued to shift reduce.

Upstream Raw Materials: Limited Cost Support, Weakening direction

while the upstream spot markets to caprolactam and PA6 chips are showing signs of "gradual stabilization," overall support remains insufficient:

On one hand, the raw material market has not witnessed any significant upward momentum; consequently, cost-side support to polyamide filament remains weak. Manufacturers continue to face unabated cost pressures and are unable to establish a price floor through cost pass-through mechanisms. On the other hand, overall sector supply remains ample, and the supply-demand landscape to raw materials is relatively loose; this makes it difficult to generate cost-driven upward pressure on polyamide filament prices, thereby further amplifying the weak performance of the filament market.

Downstream Demand: Basic demand remained steady, however lacked incremental support.

Persistently sluggish downstream demand stands as the primary factor driving the weakening direction in the polyamide filament market.

Most downstream weaving companies are currently limiting their operations to fulfilling only essential, immediate orders, procuring raw materials strictly on an as-needed basis; consequently, there has been no significant bulk stockpiling or proactive inventory replenishment. With insufficient orders in the end-consumption market, operating rates among these companies remain stubbornly low, keeping their procurement volumes to polyamide filament at consistently depressed levels. As a result, the market lacks positive support from the demand side. Amidst this supply-demand dysfunction, intensified price competition—driven by companies vying to a limited pool of orders—has further exacerbated the downward trajectory of market prices.

Market Outlook

In the short term, the polyamide filament market continues to lack clear upward drivers. The current landscape—characterized by insufficient cost-side support and a lack of significant improvement in demand—is unlikely to change in the near future. Consequently, the market is expected to maintain a relatively weak trajectory, with prices likely to continue fluctuating at low levels. Moving forward, key areas of focus will be price evaporative environment in raw materials and changes in downstream end-user orders.