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Polyamide Price witnessed decrement throughout the first quarter in the North American market. The Polyamide 6, 66 & 46 values decreased by 1%, 2% & 0.3% from the last quarter of 2021 and settled at USD 3575, USD 4445 & USD 12304 per tonne respectively, by the end of Q1. Reduced demand from the downstream textile sector in the winter months dwindled the prices. Furthermore, low prices of feedstock Caprolactam influenced the values of Polyamide in North America. However, increase in Adipic Acid feedstock values towards the end of Q1 restrained the drastic fall in the prices of Polyamide 46.
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Polyamide Price Trend and Forecast Polyamide price remained uncertain in the Asian region due to the diverse demand for Nylon in Asia because of the seasonal conditions. The values dropped in the Chinese market due to low demand from the downstream textile sector. Polyamide 6, 66 & 46 prices were accessed at USD 2550, USD 5050 & USD 10115 per tonne, respectively, by the end of Q1. In the Indian market, Polyamide values showcased a marginal uptrend because of the firm demand from the textile industry. However, feed Caprolactam and Adipic Acid prices rose in the Asian market during Q1. https://www.chemanalyst.com/Pricing-data/polyamide-57
prices of Polyamide fluctuated throughout Q1 in the European market. The prices of Polyamide 6, 66,46 decreased in January and February due to less demand from the downstream textile sector. The increased value of crude oil due to the conflict in the East European region impacted the feedstock Adipic Acid & Caprolactam values which increased its prices towards the end of Q1. Polyamide 6,66 & 46 settled at USD 4255, USD 5795 & USD 7025 per tonne respectively by the end of Q1, with a drop of 11%,13% & 2% in their values from the last quarter. https://www.chemanalyst.com/Pricing-data/polyamide-57
Demand for polyamide remained strong throughout the year Polyamide demand remained firm throughout the quarter supported by the improvement in the offtakes from the downstream industries. The prices of Polyamide 6, 66,46 decreased in January and February due to less demand from the downstream textile sector.
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