The Nylon markets are covered by our local ICIS reporters in Asia, Europe and the US on a weekly basis.
Our unbiased and informative commentary gives an overview, details on upstream movements, graphs and intelligence about the different grades. In Asia, spot prices focus on textile grades for fully-drawn yarn, partially oriented yarn, industrial grade and chips. In Europe, Nylon 6, Nylon 6,6 and virgin polymer quotations are published, while in the US, Nylon 6 resin and Nylon 6,6 are assessed. These invaluable and reliable reports will assist you when making key business decisions.
Updated to Q2 2020
Supply remained high in Q2, with trade mostly curbed by weak finished goods demand. While an improvement in downstream demand mid-quarter helped liquidate some stocks, supply built again as buying tapered off on a lack of export opportunities for end-products.
Demand saw limited improvements, with most buyers exercising caution amid uncertainty in the finished goods trade. With market activity in key export regions such as the US and Europe remaining curbed by concerns amid the coronavirus pandemic, buying sentiment stayed weak.
The supply of nylon 6 and nylon 6,6 remained ample throughout Q2 despite reduced output rates in both the nylon and upstream capro markets. This was primarily due to a reduction in buying interest for all downstream applications, apart from packaging materials, as the majority of non-essential production was halted during the coronavirus lockdowns.
Demand for nylon 6 and nylon 6,6 crashed in Q2 due to coronavirus restrictions. Most non-essential production ground to a halt resulting in lower volumes consumed by automotive, household, textiles, yarn and electronic industries. The only application to enjoy an uplift was nylon 6 film for packaging, especially in food and medical applications.
US supply of nylon 6 and nylon 6,6 was ample as there were no planned turnarounds and no unplanned outages. Reduced demand from the pause in automotive production because of the coronavirus added to supply, although producers reduced operating rates. Most North American auto production was halted in March because of the coronavirus and resumed in mid-May, although on a limited schedule.
US demand for nylon softened amid the economic downturn created by efforts to stop the spread of the coronavirus. About 35% of global nylon resin demand comes from the auto industry, which halted most North American production in March after a UAW worker at a plant in Warren, Michigan was diagnosed with the virus. Automakers restarted plants in mid-May, although on limited schedules.
We offer the following regional Nylon analysis and news coverage to keep you informed of factors and developments affecting prices in the Nylon marketplace.
More information about the price reports we publish on Nylon
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News & market analysis specifically relating to Nylon
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Insight and analysis of factors driving prices.
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Nylons are one of the most common polymers used as a fibre. Another name for this material is polyamide, due to the characteristic amide groups in the backbone chain.
Nylon, also called polyamide, is used mainly in fibre and engineering polymer applications. The two main nylons are nylon 6, which is made from caprolactam, and nylon 6,6, which is produced from adipic acid.
Nylon fibres are used in apparel such as ladies’ hosiery (stockings), sleepwear and underwear, carpets and home furnishings. Other fibre applications include tyre cord, fishing line, brush bristles and tough fabrics for parachutes, backpacks and luggage.
Nylon engineering resins are employed in automotive parts such as bearings, gears, cams and intake manifolds.
Other applications include industrial machinery and electrical and electronic equipment. Compounding the nylon with reinforcements, fillers, impact modifiers, flame retardants and other additives further enhances its properties to give a wider range of applications.
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