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BASF Issues Price Increases for Caprolactam, Nylon 6 & Copolymer

Increases reflect tight supply and increased demand.
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BASF has announced increases for feedstock caprolactam, nylon 6 and nylon 6/66 copolymer in North America. Effective May 1, or as contracts allow, the increase of 30¢/lb applies to each of the three products.

BASF increases prices of caprolactam, nylon 6 and copolymer

Although the company did not attribute the increases to any one thing, PT has previously reported that prices were on an upward trajectory since early this year. Nylon 6 prices moved up 15¢/lb in the January-February timeframe as suppliers implemented their late 2020 fourth quarter announced increases, based on higher prices of raw materials and increased demand from automotive and the fiber/textile sectors. Industry sources ventured the potential for further increases in the April-May timeframe owing to the Gulf Coast winter freeze in February which resulted  in the shutdown of feedstock and resin plants, and leading to demand outpacing supply.

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