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Updated to Q1 2021
Nylon 6 supply is expected to become more balanced on return of LANXESS production and supply – force majeure has been in place since 30 October. Nylon 6,6 supply is likely to remain tight due to ongoing structural limitations to European production and limited import opportunities due to good demand levels in global nylon 6,6 markets and an outage at US Ascend Performance Materials, following a power cut on 28 November.
The outlook for demand in Q1 is mixed, with some cautiously optimistic and good demand levels expected to continue in January. However, uncertainty remains for later in Q1, due to a recent toughening of coronavirus restrictions in many European countries, including the closure of non-essential stores in some of them. There are also concerns over the sustainability of strong buying interest from the automotive industry given the ongoing low end-buyer interest.
We offer the following regional Nylon analysis and news coverage to keep you informed of factors and developments affecting prices in the Europe Nylon marketplace.
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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.
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