Product
Nylon Price Trend and Forecast
Nylon Price Trend and Forecast
Regional Price Overview
Get the latest insights on price movement and trend analysis of Nylon in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
For the First Half of 2022
Asia
The Chinese domestic market exhibited a bearish demand for nylon in the weeks following the Lunar New Year celebrations. The surging feedstock prices amid the poor demand performance from the downstream textile industries caused the prices of nylon to crash in the market. Later, when the upstream production cost relaxed the manufacturers still sold the product at lower prices to get rid of the stockpiling inventories and make room for the new production.
The zero-tolerance covid restrictions further added to the demand for destruction. Hence, the price trends of nylon kept on the lower side of the scale throughout the first half of the said year. The price of Nylon 66 when from 36000 RMB/MT in January to 23536 RMB/MT in June 2022. The price of Nylon 6 averaged 16,500 RMB/MT in the Chinese domestic arena towards the end of said period.
Europe
The nylon prices suffered throughout the first quarter owing to the muted market demands and the unparalleled rise in the feedstock prices due to the Russia-Ukraine war. The European region was the most hard-hit region by the continuing geopolitical conflict causing massive volatility in the market.
The prices started strengthening during the second quarter when the upstream costs relaxed slightly and strong demand from the automotive and textile industries caused the nylon prices to increase further. The Nylon 66 and Nylon 6 prices averaged 2550 USD/MT and 5050 USD/MT respectively.
North America
The US domestic market closely followed its European counterpart. The prices declined during the first quarter amid weakened demand. The Nylon 6 and Nylon 66 prices averaged 3575 USD 4445. However, the prices soon recovered owing to the robust demand during the second quarter.
Procurement Resource provides latest prices of Nylon. 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.
About
Nylon is used to refer to a family of synthetic polymers. It is a thermoplastic silky material that can be drawn, cast, or extruded using spinnerets from a solution (melt) into fibres, films, bristles, or sheets.
Nylon is composed of polyamides, that is, repeating units connected by amide links. It is generally manufactured into yarn, and fabric and can also be processed into moulded products. Nylon is known for its properties like high resistance to wear, chemicals, and heat.
Product Details
| Report Features | Details |
| Product Name | Nylon |
| Industrial Uses | Polymers, Nylon fibres, Moulds and resins, Food packaging, Filaments , Powder coating, Instrument strings |
| Chemical Formula | C6H9NO |
| Synonyms | Policapran, Polycaproamide, Polycaprolactam, Alkamid, Bonamid |
| Molecular Weight | 111.14 g/mol |
| Supplier Database | AdvanSix , DuPont de Nemours, Inc, Ascend Performance Materials, Honeywell International Inc, BASF SE, INVISTA, GSFC Ltd, Shibaam Polymers, Apex Polymers |
| 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 |
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.
Production Process
- Production of Nylon via Polymerisation Reacti andvia Injection Moulding
Nylon is manufactured by adding adipic acid, hexamethylene diamine and water together in a reaction vessel to obtain Hexamethylene diammonium adipate commonly termed as nylon salt solution. The solution is evaporated and treated to deluster the fibers. After polymeristaion, it is extruded and formed into pellets.
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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