Europe nylon 6 spreads with capro falls €12-35/tonne in 3 months

11 February 2014 17:36 Source:ICIS News

LONDON (ICIS)--The spread between European caprolactam (capro) contract prices and nylon 6 contract prices has fallen by €12-35/tonne compared with the November contract settlement, according to ICIS analysis on Tuesday.

Margins had been limited in the nylon market for much of 2013.

Across December and January, the spread between capro and feedstock cyclohexane (CX) contract prices has decreased by €66-89/tonne.

The CX contract price saw a further €61/tonne rise in February. February capro and nylon 6 contract negotiations are ongoing.

Nylon 6 to capro to CX price spread in €/tonne

 

Capro contract price FD NWE

Nylon 6 virgin polymer Contract price FD NWE

Nylon 6/capro Spread

CX contract price ex-works

Capro/CX spread

November

€1,828-1,855/tonne

€2,020-2,140/tonne

€192-285/tonne

€999/tonne

€829-856/tonne

December

€1,868-1,885/tonne

€2,050-2,140/tonne

€182-255/tonne

€1,108/tonne

€760-777/tonne

January

€1,913-1,917/tonne

€2,070-2,190/tonne

€157-273/tonne

€1,150/tonne

€763-767/tonne

 

By Mark Victory