Europe nylon 6 May order volumes expected to rise 2-3% year-on-year

06 May 2014 17:23 Source:ICIS News

LONDON (ICIS)--European nylon 6 order volumes are expected to be around 2-3% higher year-on-year in May, according to market estimates on Tuesday.

One producer is expecting a year-on-year demand increase in excess of 5% in May, although some of this rise was attributed to market share capture. Other sources estimated demand increases of around 2-3%.

Higher demand was attributed to strong offtake from the automotive sector and a recovery in textile markets.

By Mark Victory