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PA6 (Nylon 6) Price Trend and Forecast

Procurement Resource provides latest prices of PA6 (Nylon 6). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

PA6 (Nylon 6) Regional Price Trend & Analysis

Get the latest insights on price movement and trend analysis of PA6 (Nylon 6) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

PA6 (Nylon 6) Price Trend for the Second Quarter of 2022
 

Asia

Owing to the rising crude oil prices, the prices of feedstock benzene skyrocketed globally, thereby driving the prices of caprolactam (CPL) further. In the Chinese domestic market, the cost of caprolactam averaged 14800 RMB/MT during the said quarter. Since feedstock caprolactam remained firm throughout the domestic market, it supported the higher prices of PA6.

 However, towards the end of June, the prices of PA6 began to dip due to the great production and off-season muted demand from the downstream industries. PA6 prices averaged 16,500 RMB/MT in the domestic market.

Europe

The extreme instability and volatility impacted the prices of petrochemicals, thereby affecting all nylon-based products. The high costs of benzene and caprolactam caused the PA6 prices to inflate in the European market. Per ton price of benzene averaged 1427 USD FOB Hamburg in the said quarter.

Since the production of PA6 is a highly energy-intensive process, the manufacturers passed the rising costs of inputs to the downstream sectors. The strong demand from the fibre, automotive and semiconductor sectors sustained the high price trends of PA6.

North America

In line with the European market, the prices of PA6 in the US domestic arena remained strong throughout the quarter. The tightened supply, low inventories and increasing demand from the downstream sector sustained the higher prices across the US market.

For the First Quarter of 2022
 

PA 6 prices were around 15933.33 RMB/MT in China in March 2022. In February, BASF announced that it will increase the price of carpolactum and PA 6 by 0.10 USD/lb, effective March 1.

In 2020, Asia-Pacific had the highest share of the polyamide-6 market, accounting for 40.6%. Due to the rapidly growing population, rise in the automotive industry, favourable government policies, growing electrical and electronics industries, and growing textile production in developing economies such as China, Japan, South Korea, and India in this region, Asia-Pacific is dominating the market. Because of the rising usage of polyamide-6 in automobiles, the automotive industry has the largest market share of all end-users in the worldwide polyamide-6 market. Growing vehicle production and sales, manufacturing sector advancements, low-cost labour availability, and raw material availability, notably in India and China, are likely to raise polyamide-6 demand in the region.

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About PA6 (Nylon 6):

PA6 (Nylon 6) is a polymer that was developed to reproduce the properties of nylon 6,6 without violating its production patent. PA6 (Nylon 6), a semicrystalline polyamide, is not a condensation polymer unlike most other nylons. It is widely used in plastic and textile industry. It is produced using ring-opening polymerization. Owing to its unique properties like high tensile strength, excellent resistance to abrasion and high elasticity and lustre, demand for Nylon 6 has been growing in packaging and engineering plastics sector.

Product Details:

Report Features Details
Product Name PA6 (Nylon 6)
Industrial Uses Carpets, Tire cords, Apparel, Hosiery and upholstery, Seat belts, Parachutes, Ropes and industrial cords, Extrusion, injection and blow moulding, Engineering materials, Moulded parts
Chemical Formula (C6H11NO)n
Synonyms 25038-54-4, Polyamide 6 (PA6), Poly(azepan-2-one); poly(hexano-6-lactam), Poly[azanediyl(1-oxohexane-1,6-diyl)], Polycaprolactam
Supplier Database BASF SE, Koninklijke DSM N.V., Ter Hell Plastic GmbH, Formosa Group , Radici Partecipazioni SpA , Rabigh Refining and Petrochemical Co SJSC or Petro Rabigh, Lanxess AG, Evonik Industries AG 
Region/Countries Covered Asia Pacific: China , India, Indonesia, Pakistan,  Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand,  South Korea, Iraq, Saudi Arabia, Malaysia, Nepal,  Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore,  Oman, Kuwait, Qatar, Australia, and New Zealand

Europe: Germany, France, United Kingdom, Italy,  Spain, Russia, Turkey, Netherlands, Poland, Sweden,  Belgium, Austria, Ireland Switzerland , Norway,  Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America: United States and Canada

Latin America: Brazil, Mexico, Argentina, Columbia,  Chile, Ecuador, and Peru

Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-degree analyst support after report delivery


Production Processes:

  • Production of PA6 (Nylon 6) via Ring-Opening Polymerisation; and via Two Step Polymerisation

In order to produce PA6 (Nylon 6), the ring opening polymerisation process is utilised. In this process, caprolactam is used as a monomer, which undergoes hydrolytic mechanism to finally give PA6 (Nylon 6).

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Methodology:

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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