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Updated to Q3 2018
With the third quarter the traditional off-peak season for the nylon market, most producers opted to reduced operating rates at the start of the quarter to meet contractual obligations and supply some spot cargo. This resulted in a largely stable supply of nylon 6 in the region for most of the quarter. However, with demand picking up towards the end of the quarter, supply has seen an overall increase as facilities’ operating rates have been adjusted upward again.
Demand for nylon 6 has been weak for much of the third quarter, as was expected in the traditional off-peak season. Producers said they received few enquiries for spot cargoes as most buyers were sufficiently covered by contract cargo. However, demand picked up near the end of the quarter as the autumn months are the traditional peak season for the market. Producers saw an uptick in enquiries for contract volume and spot cargo during the last weeks.
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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.
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ICIS price assessments are based on information gathered from a wide cross section of the market, comprising consumers, producers, traders and distributors. Confirmed deals, verified by both buyer and seller, provide the foundation of our price assessments, giving you a robust reference for your negotiations.
ICIS collects pricing data on a wide range of chemical, energy and fertilizer products, including Nylon. Our extensive experience in price reporting means we can offer you access to historical data dating back more than 20 years for certain commodities.
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