Home Latest MARKET HIGHIGHTS: JULY 2019

MARKET HIGHIGHTS: JULY 2019

July 8, 2019

PA66:

Nylon 66 (PA66) prices will likely experience another monthly decrease in July, same as in June. Demand is low, availability is good, and activity is slow because of the summer.

PA6:

Nylon 6 (PA6) prices in July are set to increase on the back of higher benzene prices. But there is good supply of PA6 which could cause prices to roll over and lead to yet another margin squeeze.

PC:

Polycarbonate (PC) prices are set to post decreases in July. Margins on many accounts, for the most part in the extrusion sector, are negative.

PMMA:

Polymethyl Methacrylate (PMMA) prices from Q2 to Q3 are forecast to post big decreases, as much as €400/mt. A decrease in demand, better availability, and lower costs are all to blame for this latest slump.

ABS:

Acrylonitrile Butadiene Styrene (ABS) prices will likely decrease in July, following costs. The combined fall in raw material prices in July was bigger than forecast. As demand is low, supply is high, and there is plenty of competition from imports, margins could fall again.

SAN:

Styrene Acrylonitriele (SAN) prices will also decrease in July, following costs. While demand has been somewhat resilient, up until recently, market feedback suggests weakness. There is also considerable pressure from imports. It is possible, even if unlikely, that there could be a margins squeeze in July.

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