For the Quarter Ending September 2025
North America
• In USA, the Hexamethylene Diamine Price Index fell by 5.8% quarter-over-quarter, reflecting weak nylon demand.
• The average Hexamethylene Diamine price for the quarter was approximately USD 2903.67/MT.
• Hexamethylene Diamine Spot Price remained muted as buyer caution and adequate inventories limited spot volumes.
• Near-term Hexamethylene Diamine Price Forecast shows gains driven by automotive seasonal restocking and stable feedstocks.
• Hexamethylene Diamine Production Cost Trend showed limited upward pressure from firm adiponitrile and energy feedstocks.
• Hexamethylene Diamine Demand Outlook remains steady with automotive and textile sectors sustaining moderate consumption levels.
• Domestic Hexamethylene Diamine Price Index was pressured by subdued converter purchasing despite balanced operating rates.
• Export interest and allocation for shipments may tighten availability, supporting Hexamethylene Diamine Price Index momentum.
Why did the price of Hexamethylene Diamine change in September 2025 in North America?
• Sustained adequate adiponitrile supply and stable domestic production constrained upward pressure, moderating price recovery in September.
• Weak converter restocking, cautious procurement amid mixed automotive indicators reduced Hexamethylene Diamine demand.
• Logistics remained relatively smooth, limiting disruptions; freight cost fluctuations added cost pressure to Hexamethylene Diamine producers.
APAC
• In China, the Hexamethylene Diamine Price Index fell moderately by 1% quarter-over-quarter, reflecting reduced supply balance.
• The average Hexamethylene Diamine price for the quarter was approximately USD 2861.67/MT.
• Hexamethylene Diamine Spot Price remained subdued as buyers relied on inventories, limiting spot purchasing activity.
• Hexamethylene Diamine Price Forecast indicates near-term rangebound movement, supported by balanced domestic supply and imports.
• Hexamethylene Diamine Production Cost Trend rose with firmer adiponitrile and crude-linked feedstock costs, squeezing margins.
• Hexamethylene Diamine Price Index stability reflected tight inventories, limited exports, and continued competitive import flows.
• Domestic producers operated steadily; European volumes capped up amid port congestion impacts.
Why did the price of Hexamethylene Diamine change in September 2025 in APAC?
• Balanced domestic output and competitive European imports moderated prices, reducing upward pressure during September 2025.
• Firm adiponitrile and crude-linked feedstock costs-maintained production cost pressure, limiting margin relief for producers.
• Logistics disruptions and lingering port congestion caused inventory tightness and delayed cargoes, supporting price resilience.
Europe
• The Hexamethylene Diamine Price Index in Germany declined during Q3 2025, reflecting weaker downstream demand from coatings, and adhesives.
• The average Hexamethylene Diamine Spot Price for the quarter softened as inventories remained high, and automotive and textile applications slowed.
• Spot Price weakness was reinforced by sluggish consumption and reduced offtake in industrial resins.
• The Hexamethylene Diamine Production Cost Trend remained pressured by elevated energy costs, though softening adiponitrile feedstock prices provided partial relief.
• The Price Index stayed under pressure as sellers offered discounts to clear stocks amid limited restocking activity.
• The Hexamethylene Diamine Demand Outlook in Germany was muted, with weak automotive and textile sectors dragging on demand.
Why did the price of Hexamethylene Diamine change in September 2025 in Europe?
• Prices decreased in September 2025, driven by weak downstream demand and sluggish automotive sector activity.
• Elevated inventories and consistent import volumes from Asia added downward pressure on the Price Index.
• High energy costs persisted, but the lack of downstream pull meant producers could not pass through costs, resulting in softer Spot Prices.
For the Quarter Ending June 2025
North America
• In Q2 2025, the Hexamethylene Diamine Price Index in the United States displayed a downward trend, especially by June, as prices declined amid weak demand fundamentals.
• During April, prices were comparatively firm, supported by balanced production and adequate offtake in the nylon and coatings sector.
• By May and June, demand decline in the downstream Nylon 66 market, coupled with high inventory levels, weighed on the overall Hexamethylene Diamine Price Index.
• Import volumes from Asia remained consistent, adding pressure on domestic producers to maintain competitive pricing amid a softening cost environment.
• Hexamethylene Diamine Production Cost Trend stayed relatively moderate across Q2, as feedstock adiponitrile and energy prices did not show any drastic spikes.
• Buyers adopted a wait-and-watch approach in late June, with many anticipating price corrections before initiating bulk procurement.
What was the Hexamethylene Diamine price trend in North America in July 2025?
• In July 2025, Hexamethylene Diamine prices in North America were stable due to continued average demand from the downstream Nylon 66 sector and subdued procurement activity.
• The Q3 2025 Hexamethylene Diamine Price Forecast indicates gradual recovery due to seasonal demand from the textile and automotive coatings industries, despite cautious procurement patterns.
APAC
• In Q2 2025, the Hexamethylene Diamine Price Index in China fluctuated amid uneven demand from downstream polyamide and coating resin industries.
• April and May saw relatively stable prices supported by modest demand from the automotive and textile sectors, which supported local procurement activity.
• However, by June, prices experienced slight corrections as supply chains got almost normalized.
• Production Cost Trends remained steady due to balanced availability of feedstock adiponitrile and limited volatility in energy inputs.
• Domestic producers managed operating rates cautiously to avoid oversupply, contributing to limited inventory accumulation across warehouses.
• Hexamethylene Diamine Demand Outlook in Q2 was influenced by muted performance in polyamide applications and subdued coatings sector consumption.
• Sentiment among buyers remained cautious toward the quarter-end due to anticipation of additional supply pressures and holiday-related slowdowns.
What was the price trend of Hexamethylene Diamine in APAC in July 2025?
• In July 2025, prices edged lower as export demand reduced and seasonal restocking activities decreased.
• The Q3 2025 Hexamethylene Diamine Price Forecast indicates moderate recovery, driven by improved downstream demand, particularly from the automotive and nylon fibre sectors.
Europe
• Throughout Q2 2025, Hexamethylene Diamine prices in Germany fluctuated mildly as the region experienced mixed demand from the automotive, coatings, and textile fibre sectors.
• April and May were characterized by steady domestic activity, though competitive imports from Asia kept pricing momentum in check.
• By June, sentiment became more bearish due to weakened downstream consumption, and local producers adjusted operations to balance stock levels.
• Feedstock Costs, especially adiponitrile, showed marginal variation, helping manufacturers sustain stable production margins despite subdued downstream appetite.
• Supply chains operated normally with no major disruptions, and inland transport and bulk shipping routes performed efficiently, maintaining availability.
• Demand Dynamics remained subdued in Q2 2025 as European end-use markets remained cautious, especially in specialty coatings and automotive polymers.
• Manufacturers maintained a conservative production strategy, reflecting low-volume orders and steady but uninspired demand across Western Europe.
What was the price trend of Hexamethylene Diamine in Europe in July 2025?
• In July 2025, prices held steady amid stable supply conditions and limited recovery in downstream coatings and polyamide segments.
• The Q3 2025 Hexamethylene Diamine indicates growth trajectory, driven by seasonal demand changes from nylon resin producers and industrial coating applications.
For the Quarter Ending March 2025
North America
In Q1 2025, the Hexamethylene Diamine (HMDA) market in North America began with an upward price trend in January, supported by moderate demand from the automotive and construction sectors. However, this initial price increase was short-lived as the market faced pressure in February. Increased production and higher inventory levels contributed to a softened market, with weak demand from key industries, particularly the Nylon 66 and coatings sectors. Tariff concerns and trade uncertainties with Asia further dampened buying sentiment, keeping the market relatively cautious.
By March, the situation worsened as prices dropped significantly by 4.5%. The construction sector, a major consumer of HMDA, remained subdued, while oversupply continued to weigh heavily on the market. Despite improvements in logistics operations and manufacturing activity, the overall sentiment remained negative, exacerbated by the ongoing trade tensions and global economic uncertainties. As a result, prices for HMDA FOB Houston ended March at USD 2981/MT.
For the quarter, the average price for HMDA decreased by 2% compared to Q4 2024. The market remains challenged by weak demand, oversupply, and external pressures, creating a difficult environment for market participants.
APAC
In Q1 2025, the Hexamethylene Diamine (HMDA) market in the APAC region saw fluctuating pricing trends, influenced by various market forces. January began with an uptick in prices, driven by moderate demand from downstream industries, including coatings and adhesives, alongside tight supply ahead of the Lunar New Year. However, in February, prices dipped due to oversupply and weak consumption from major sectors like automotive and construction. Despite these challenges, there was a recovery in March, with prices rising by 1%, supported by an improvement in manufacturing activity and steady demand from key industries. The Nylon 66 segment continued to face weak demand, but the coatings and automotive sectors provided some relief. On the supply side, logistical disruptions from port congestion and seasonal production increases impacted price stability. By the end of Q1 2025, Hexamethylene Diamine prices Ex-Shanghai (China) had decreased by 7.8% in March, resulting in an overall 7% drop compared to Q4 2024. These fluctuations highlight the ongoing challenges of balancing supply chain disruptions and weak demand, leaving market participants cautiously moving forward.
Europe
In Q1 2025, the Hexamethylene Diamine (HMDA) market in Europe showed a mixed pricing trend, with prices initially rising in January due to steady demand from key downstream sectors. This increase was supported by stable supply conditions and efficient logistics, which helped maintain market equilibrium. However, in February, prices began to decline as production levels increased, leading to a buildup in inventories. Demand from critical downstream industries like Nylon 66 and coatings remained weak, further pressuring the market. Trade uncertainties, particularly around tariffs and global economic conditions, added to the cautious market sentiment, causing a decline in purchasing activity. In March, the market saw a slight recovery, with prices inching upwards due to improvements in manufacturing activity and logistics operations. Despite this, demand from the construction sector remained subdued, and oversupply continued to weigh on market performance. External factors such as ongoing global economic uncertainties and supply chain disruptions presented ongoing challenges, limiting any significant market recovery. Overall, the quarter was marked by cautious optimism, with participants facing pressure from weak demand and external market forces.
