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 Q4 2020
Supply dipped, as a feedstock shortage forced some producers in northeast Asia to reduce operating rates at nylon polymerisation facilities. A major producer had no choice but to shut its plant temporarily for a week amid a severe lack of feedstock, which contributed to the overall supply constraint.
Demand saw some improvement, after suffering from weak sales for most of the year. Restocking for typical winter demand led to improvements in yarn demand. Forecasts of a colder-than-usual winter in several regions in northeast Asia also helped boost sales of winter apparel, supporting nylon demand.
Nylon 6 supply in Q4 was tight, largely due to an unexpected technical issue at LANXESS, a major integrated capro and nylon 6 producer in Belgium, but also due to increased downstream demand. Aside from increased downstream consumption, many buyers expected feedstock costs to rise again in January, prompting early restocking. Nylon 6,6 supply was short, mainly due to structural output limitations and robust demand from the automotive industry.
Nylon 6 buying interest from many downstream sectors, especially noted in engineering plastics for automotive and household industries, picked up significantly in Q4. Fibres, yarns, electric and electronic applications were also doing rather well and packaging was stable. Demand for nylon 6,6 was high as the automotive sector ramped up output by the end of 2020 with some pre-buying also taking place.
Supply was tight and producers had trouble keeping up with demand as the US economy continued to recover. Long lead times persisted for 6 and 6,6 and distributors had difficulty rebuilding inventory. An outage and force majeure for nylon 6 and caprolactam at Lanxess’ 220,000 tonne/year facility in Antwerp, Belgium, tightened global supplies. In early December, US Ascend Performance Materials declared force majeure on nylon 6,6 after a power outage at its Pensacola, Florida facility.
End-use demand was strong in the automotive, housing, electronics and appliance sectors. US sales of light vehicles improved dramatically from the summer months. About half of US nylon demand and a third of global nylon demand comes from the auto sector, according to ICIS Analytics. The coronavirus pandemic led to more people moving away from cities and a rise in remote working, which led to home remodeling and expansion projects.
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
Independent price assessments and market coverage by region
More information about the historical price data we publish on Nylon
Track historical price data
News & market analysis specifically relating to Nylon
Breaking news of latest developments affecting the markets.
Insight and analysis of factors driving prices.
Regional price assessments, published daily or weekly, enabling you to keep track of trading prices, understand price drivers/fluctuations and set a benchmark for contract price settl ements. ICIS offers reports on over 180 commodities across the global petrochemical, energy and fertilizer markets. Information covered in our price reports includes:
Information is accessed online, via the ICIS dashboard service and is configurable to suit your preferences.
Produced by the ICIS Consulting team, these reports give a robust rolling 12-month price forecast, trade balances and in-depth analysis into where markets are heading – providing a valuable tool to support your short- to medium-term plans.
ICIS pricing intelligence is delivered to you online via the ICIS dashboard. Here you can view your reports and also access other useful services including related news, analysis, historical data and market alerts.
ICIS dashboard also makes it easy for you to create pricing charts, download price history and export data to create tailored analytical models.
ICIS weekly margin reports deliver the detail you need to understand how production costs and prices are affecting margins, enabling you to judge the likely impact on your business and optimise your upstream and downstream business decisions.
The Supply and Demand Window on the ICIS Dashboard provides a snapshot view of historical and forecast information for supply and demand, production capacity and trade flows – a key tool to help safeguard future investments within the chemicals market.
24-hour global coverage of breaking news in the petrochemical industry, including updates on production, shutdowns and key transacted deals, keeping you informed of market developments as they happen. The ICIS news service allows you to customise the market alerts delivered to your email inbox, providing the business-critical information you need straightaway.
An expert view of supply and demand comprising four fully-reconciled databases, giving you access to extensive data for more than 100 markets. Information is included on global and regional trade flows, production, capacity and sources of demand in the short-, medium- and long-term. Data can be downloaded, customised and queried to support your planning requirements and your strategic decisions.
Analytics tools for MPG include:
ICIS provides specialist training courses across the global petrochemicals, base oils and fertilizers industries. Our training team of industry experts can help you increase your knowledge of the industry and gain the insight and know-how needed to operate and trade effectively.
Find out more about ICIS training courses >>
ICIS produces a series of highly informative and timely conferences. Extensive research is carried out to ensure that each programme delivers the information you need and addresses current industry issues. We source speakers who have the appropriate expertise and experience to deliver excellent quality papers.
Find out more about ICIS conferences >>
Working closely with you to understand your strategies, challenges and ambitions, the ICIS consulting team deliver tailored advice and solutions to suit your unique requirements. With many years’ experience of guiding business leadership teams, we show you how market conditions can make a positive or negative impact on your long-term plans.
ICIS expert consultants can provide your organisation with the insight, intelligence and data needed to build and grow your business in China. We can help you to gain a clear view on the short and long-term supply and demand picture in the chemicals, energy, iron and steel, non-ferrous metals and paper and pulp markets in China.
ICIS price assessments are based on information gathered from a wide cross-section of the market, comprising consumers, producers, traders and distributors from more than 250 reporters world-wide. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments.
Our in-depth market knowledge drives our specialist focus, as we recognise the importance of individual market dynamics and not a one-size-fits-all approach.
Over 25 years of reporting on key chemicals markets, including Nylon, has brought global recognition of our methodology as being unbiased, authoritative and rigorous in preserving our editorial integrity. Our global network of reporters in Houston, London, Singapore, Shanghai, Guangzhou, Mumbai, Perth and Moscow ensures unrivalled coverage of established and emerging markets.
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.
LONDON (ICIS)--BASF performed better than its own forecasts had predicted in 2020, resisting the economic onslaught brought about by the pandemic, on the back of healthy operations in China and...Read
HOUSTON (ICIS)--US automaker General Motors Co is extending production cuts at three North American sites because of a global shortage of semiconductors and will use the available supply of...Read
TORONTO (ICIS)--Canadian sales of new light vehicles are estimated to have fallen by 17.4% year on year in January, to 90,890 units, according to the latest data by DesRosiers Automotive Consultants...Read
LONDON (ICIS)--The interplay between the European automotive and chemicals industries has arrived at an interesting juncture in early 2021 as the causal link between fundamentals now appears...Read