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Updated to Q2 2021
Providing demand remains stable, market will continue to be tight on nylon 6 and 6,6 and could become even tighter than in Q1 as another unexpected production outage emerged at the turn of the quarters, with BASF declaring force majeure on low viscosity nylon 6 grades from Antwerp, Belgium site following a fire. Moreover, feedstock availability continues to be tight due to reduced operating rates at refineries during the ongoing coronavirus pandemic.
The outlook for demand in Q2 is pointing to ongoing strength, with order books reportedly stretching as far as May and, in the case of more specialised grades, buyers were already heard to be looking as far ahead as June. There continues to be some uncertainty on the back of the ongoing coronavirus pandemic and shortage of various chemicals is a concern, but an overall market sentiment is positive.
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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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.
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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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