PA66 and PA6 demand improves in January. The increase follows a low point in December demand, according to GC Intelligence market analysis.
But although some players across the value chain experienced increased activity this month, overall demand remains low compared to previous years.
This slight recovery can be attributed to players restocking after aggressively reducing their inventories last month.
The PA66 and PA6 market participants are also facing pressure to restart production after shutting down due to low demand.
The automotive sector once again showed positive numbers, but players expect a challenging year ahead.
Meanwhile, the electrical and electronics sector failed to show any signs of improvement. The construction industry is also facing a slowdown in activity, partly due to the end of the pandemic backlog of orders.
In conclusion, while demand in January rebounded from December’s lows, it remains subdued.