- Nylon softened after April as Asian feedstock relief and cautious textile buying outweighed supplier-led price protection in Western markets.
- Caprolactam, adipic acid, benzene, and HMDA pressure eased, reducing PA6 and PA66 cost support after earlier crude-linked spikes.
- Downstream demand remained uneven, with autos offering support while textiles, chemical fibers, modified plastics, and consumer goods limited stronger restocking.
In China, Nylon prices were ~RMB 17.89/kg in April and ~RMB 17.05/kg in May, showing a ~4.7% decrease. The decline was mainly driven by weaker PA6 and PA66 feedstock support after caprolactam, adipic acid, benzene, and HMDA pressure eased. China’s nylon market also faced high producer inventories and need-based buying from textiles, chemical fibers, and modified plastics. Demand was not absent, as May industrial output rose 4.5% year-on-year and automobile manufacturing grew 8.3%, but motor vehicle output fell 3.2%, limiting stronger restocking from engineering plastics and automotive parts. In the United States, Nylon prices were ~USD 2,707.00/MT in April and ~USD 2,639.19/MT in May, showing a ~2.5% decrease. The fall reflected softer global feedstock signals and moderate industrial buying, even though auto demand remained supportive, with June new-vehicle sales estimated at 1.36 million units, up 7.2% year-on-year. Western producers still tried to protect margins through price hikes, citing input availability and value-chain volatility, but weak Asian cost signals and selective downstream procurement capped the market.
Analyst Insight
According to Procurement Resource, in the near term, nylon prices may stay under pressure if feedstocks remain soft, while automotive demand and PA66 supply-risk concerns could limit deeper declines.