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 2019
Supply of nylon 6 in northeast Asia in Q2 was mostly long, as buying was curbed by a weakened export market amid the ongoing US-China trade war. Cuts in operating rates in Taiwan and outages in China did little to rein in supply as demand continued to wane week on week. In addition, buyers had little incentive to stock up on the material, citing poor take up rates for finished products, particularly in the export markets.
Demand for nylon 6 in northeast Asia in Q2 was mostly weak. The spring months early in the quarter saw uncharacteristically weak demand, as interest in nylon chips and yarn tapered off amid declining trade for finished goods. Many buyers cited falling export quantities for end products amid the US-China trade war and expressed reluctance to stock up on the material given already high inventories, despite spring being the traditional peak for the market.
European nylon 6 supply continued to lengthen throughout Q2 due to ongoing weak demand. As a result, some plants reduced production rates in order to redress the balance. A force majeure and upstream turnarounds did not affect nylon 6 supply, as plenty of material was still available. Nylon 6,6 availability continued to improve throughout Q2, reaching normal levels compared to market tightness prior to Q1 2019.
Demand continued to decline in the European nylon 6 and 6,6 markets across Q2, mainly due to weak buying interest in the downstream automotive sector. As a result, some downstream car manufacturers reduced output rates while others announced the closure of factories in Europe. Nylon 6 consumption was also stable to softening in textiles and electronic applications, depending on the source.
Updated to Q1 2019
Nylon 6 supplies have been stable throughout the first quarter, as buyers consistently reported sufficient material. Nylon 6,6 supplies continue to fall far short of demand as production issues have significantly impacted inventory. While the increasing switch away from nylon 6,6 has somewhat relieved extreme tightness in the market, nylon 6,6 supplies will remain short until production issues are resolved in the medium term.
Demand for nylon 6 has increased in the first quarter of 2019, largely in reaction to significantly constrained nylon 6,6 supplies. Customers unable to obtain nylon 6,6, either due to high prices or limited material, have swapped it for other materials like nylon 6, product specifications permitting. Nylon 6,6 demand remains strong. Although some demand destruction has taken place as a result of short supply, many consumers are tied to nylon 6,6 specifications.
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.
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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.