Europe nylon 6,6 Nov contract prices roll over in balanced market

03 December 2013 23:59 Source:ICIS News

LONDON (ICIS)--November nylon 6,6 contract prices have settled at a rollover from October, buyers and sellers confirmed on Tuesday, as upstream cost movements counterbalanced each other.

Although the upstream benzene contract price in November fell by €78/tonne, the November butadiene (BD) contract price rose by €75/tonne.

Nylon 6,6 can either be manufactured from adipic acid (ADA), which is downstream of benzene, or from adiponitrile via BD.

The virgin polymer nylon 6,6 December contract price finalised at €2.70-2.78/kg FD (free delivered) NWE (northwest Europe).

($1= €0.74)

By Mark Victory