Polyamide prices held steady in China and Germany during early June 2025, with soft demand and plenty of supply keeping market balanced. Car industry troubles and hesitant purchasing behaviour prevented any price changes, and recovery looks unlikely anytime soon.
Polyamide prices across China and Germany stayed flat during the first two weeks of June 2025, with both markets seeing similar patterns despite different local conditions. Weak demand from car manufacturers and other industries kept Polyamide prices from moving up, while buyers held back on major purchases due to economic uncertainty and poor market confidence.
In China, Polyamide prices were unchanged with supply and demand fundamentals still in balance. Production levels at PA66 producers continued to be low—with average capacity utilization around 54%—showing ongoing pressure from soft market conditions. Prices for feedstock adipic acid fell, removing any cost-driven impetus. While some Polyamide producers were gearing up to bring units back online post-holiday, the incremental output had not yet materialized in volumes sufficient to have an impact on pricing.
On the demand side, while retail automotive sales rose—including a 14% increase in electric vehicle deliveries—converter demand for Polyamide remained cautious. The Dragon Boat Festival dampened market activity, and export orders weakened due to holiday-linked factory closures overseas and sluggish demand in global automotive sectors. As a result, Polyamide offtake remained confined to immediate requirements, limiting any upward movement in pricing.
German Polyamide prices also stayed put as steady supply met lacklustre demand. Local plants kept running at normal levels thanks to lower raw material costs, but cheap imports from Asia and other European countries kept flooding in. While minor logistical issues, such as port congestion and labour shortages, appeared, they were unable to counter the impact of oversupply.
The downstream car industry took another hit with new registrations dropping 1.4%, and chemical companies were getting more pessimistic about business prospects. Most buyers stuck to bare-minimum orders as economic worries mounted. German exporters found themselves competing against cheaper Asian Polyamide, losing market share, and adding to the gloomy mood at home.
The outlook for polyamide prices in both countries points to continued weakness unless car and manufacturing demand picks up significantly. China might see more supply coming online as plants restart, which could create additional pressure if demand doesn't improve. Germany's high inventory levels and sluggish consumption suggest prices won't rise anytime soon.
With global economic uncertainty still hanging over markets, companies will likely stay cautious, making any major price moves unlikely in the coming weeks.
