Home Latest News & Insights PA6 PRICES PLUNGE IN MARCH

PA6 PRICES PLUNGE IN MARCH

March 22, 2023
price decreases

PA6 prices plunge in March, taking a steeper than expected dip due to tough market conditions and weak demand from most segments.

The GC Intelligence price assessments show ongoing price decreases for both PA6 and PA66 in Europe.

The market remains well supplied, especially for PA6, despite reduced production. There is little hope for a recovery in the near term, especially during the first half of the year.

While some recent data shows positive numbers, such as construction, industrial, and consumer confidence, some of these figures can be misleading.

For example, the automotive sector shows ongoing increases in sales from last year, but this is primarily due to overcoming previous challenges, like semiconductor shortages, rather than an indication of robust demand. Overall, demand remains sluggish.