Home Latest PA6 PRICES INCREASED €25/mt IN NOVEMBER

PA6 PRICES INCREASED €25/mt IN NOVEMBER

November 20, 2020
Ongoing good demand and tighter supply provided support.

PA6 prices increased €25/mt in November, according to GC Intelligence market assessments.

Production issues and persistent good demand provided support.

However, increases in infections and early sings of slowdowns from the auto sector eased the upside.

Moreover, recent data from Eurostat points to a slowing recovery in construction and industrial sectors.

Meanwhile, October numbers for new car registrations decreased again after a positive spell in September.

The electrical and electronics sector remained robust with players reporting strong activity.

A couple of producers seem to have had production issues which by and large are being fixed, according to some reliable sources. But this has nevertheless created some shortage.

The good demand for nylon 6 (PA6) and tighter supply helped to lift prices in November.

While the outlook has improved due to ongoing good demand and positive headlines about vaccines, downside risks persist.

The current lockdowns could become worse during a period of slow demand in December.

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