- Global PA6 prices moved upward during Q1’26, with the strongest gains recorded in Asia, while North America also witnessed notable increases.
- Rising feedstock values remained the primary factor behind the market trend as escalating geopolitical tensions in the Middle East and the temporary closure of the Strait of Hormuz disrupted crude and naphtha supply chains.
- Demand fundamentals remained relatively subdued. Procurement activity from automotive, textile, packaging, and engineering plastics sectors remained largely need-based.
Asia
During Q1’26, PA6 prices in Asia registered noticeable increases, with China emerging as the key contributor to the regional uptrend. The closure of the Strait of Hormuz had a significant impact on Asian petrochemical markets, given the region's heavy reliance on crude shipments passing through the route. Higher crude and naphtha values consequently lifted benzene and caprolactam costs, increasing manufacturing expenses for PA6 producers. At the same time, constrained operating rates and reduced import availability tightened regional supply conditions. Lower spot availability and cautious inventory management by producers further supported the upward price trajectory through the end of the quarter.
Europe
In Europe, PA6 prices experienced moderate gains during the first quarter of 2026, primarily due to higher upstream costs. The increase in benzene prices following supply concerns linked to the Strait of Hormuz pushed caprolactam production costs upward, placing pressure on nylon producers. However, buying interest from the automotive, industrial, and textile sectors remained restrained, preventing stronger price increases and keeping market sentiment relatively balanced.
North America
The North American PA6 market also moved higher during Q1’26 as rising feedstock costs filtered through the nylon value chain. Increased benzene and caprolactam prices, supported by the rally in crude-linked raw materials, elevated manufacturing expenses across the region. Demand from automotive, electrical, consumer goods, and packaging applications remained mixed, but relatively limited supply flexibility and firm producer pricing helped maintain an upward trend in the market.