Nylon cord sector urgently needs reformation.(Polymer)

China Chemical Reporter | August 6, 2009| | Copyright

Market slackness and low operating rate

With impacts from the global financial crisis, the market demand for nylon cord in China reduced drastically from August 2008. The output of nylon cord was 245 000 tons in 2008, a drop of 11% from 2007. The total capacity of nylon cord in China is already down from 530 000 t/a in 2006 to 400 000 t/a today and the average operating rate in major producers is 70%-80%.

China has exported 25%-30% of its total output of nylon cord in recent years and has basically maintained stable growth. The export volume increased from ...

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