12 March 2013 16:54 [Source: ICIS news]
HOUSTON (ICIS)--Nylon 6 producers Honeywell and BASF have each proposed raising March prices by 5 cents/lb ($110/tonne, €85/tonne), sources said on Tuesday.
In a press release, Honeywell said its increase would be effective from 18 March on all fibre grade and neat nylon polymer for spinning and compound applications. The company said it made the proposed change based on “continued volatility in raw materials”.
Similarly, BASF proposed a 5 cent/lb increase effective from March 11 for low viscosity polyamide 6 polymer, citing “developments in raw material pricing”.
According to ICIS Pricing, the range for industrial grade nylon 6 is $1.37-$1.57/lb.
($1 = €0.77)
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