Europe BCF fibre demand forecast 7% up year on year in first-quarter

04 February 2014 17:52  [Source: ICIS news]

LONDON (ICIS)--Demand for bulked continuous filament (BCF) fibre – a key downstream market for nylon 6 – is expected to be up to 7% higher in the first quarter of 2014 compared to the same period in 2013, according to a major BCF producer on Tuesday.

This was partly attributed to macroeconomic recovery, but also to lower inventory levels in January 2014 compared to January 2013.

Overall European nylon demand in February is expected to be 4% higher than the same month in 2012, according to market sources. The majority of the rise in consumption is expected to come from the automotive industry on the back of increased production rates at German car manufacturers.

New car sales in Germany rose by 6% in January month-on-month, according to a 4 February report by Reuters.


By: Mark Victory
+44 208 652 3214



AddThis Social Bookmark Button

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly