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Markets :: Basic Chemicals :: Petrochemicals :: Caprolactam

Caprolactam

10:35 AM MST | March 6, 2009

Prices U.S.: 65 cts-70 cts/lb, exports EUROPE: €1,290-€1,340/m.t., contract ASIA: $1,250-$1,250/m.t., spot Outlook Global demand for caprolactam reached about 3.9 million m.t./year in 2008, says SRI Consulting (SRIC; Menlo Park, CA). Nylon-6 fiber production accounted for 58% of caprolactam use, followed by nylon-6 plastics production at 31%, SRIC says. Caprolactam demand has been significantly affected by the economic downturn, especially sales to the auto and textile industries, market sources say. Sales dropped as much as 40% in the fourth quarter of...

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