Hexamethylene Diamine Prices Drop Notably in India with Stability Expected Towards Year End

Key Highlights

• In August?xxxx, Hexamethylene Diamine demand declined as slower nylon?x,x automotive consumption outweighed steady textile and coatings orders.
• From September?xxxx, the automotive sector is expected to recover with festive season production. 
• Slight tightening in adiponitrile supply from Asia is anticipated in September and October xxxx, but stable domestic production and balanced imports should prevent shortages.
• Firm demand from coatings, adhesives, and seasonal textiles is projected to support Hexamethylene Diamine consumption through November, before year end inventory control slows activity in December.

Diving Deep into ChemAnalyst’s Quantitative Analysis

In August?xxxx, Hexamethylene Diamine prices in India fell by xx compared with July?xxxx. The decline was mainly due to reduced demand from the nylon?x,x automotive sector, while steady orders from the textile and coatings industries provided only partial support to the market.

Higher import availability of Hexamethylene Diamine from Asia increased competition...