For the Quarter Ending September 2025
North America
• In the USA, the Polyamide Price Index fell by 2.5251% quarter-over-quarter, reflecting weak demand conditions.
• The average Polyamide price for the quarter was approximately USD 4709.33/MT per DEL Gulf assessments.
• Polyamide Spot Price remained constrained as plentiful imports and steady domestic runs maintained prompt supply.
• Polyamide Price Forecast suggests modest upward pressure into Q4 driven by seasonal restocking, logistics tightness.
• Polyamide Production Cost Trend stayed neutral as flat adipic acid costs prevented upstream cost pass-through.
• Polyamide Demand Outlook remains soft with automotive destocking and cautious converters limiting spot purchasing activity.
• High inventories and competitive Asian shipments depressed offers, weighing on the Polyamide Price Index overall.
• Declining freight rates improved import competitiveness, applying downward pressure on Polyamide Spot Price and quotations.
Why did the price of Polyamide change in September 2025 in North America?
• Elevated Asian imports and lower freight rates increased competition, reducing domestic pricing power and volumes.
• Subdued automotive and engineering demand prompted converters to draw inventories, limiting fresh Polyamide spot purchasing.
• Flat adipic acid feedstock pricing provided no cost push, keeping Polyamide Production Cost Trend neutral.
APAC
• In South Korea, the Polyamide Price Index fell by 6.10% quarter-over-quarter, reflecting subdued domestic demand.
• The average Polyamide price for the quarter was approximately USD 10585/MT, reflecting restrained domestic offtake.
• Polyamide Spot Price momentum softened amid cautious buying, prompt cargoes absorbed by sufficient domestic inventories.
• Polyamide Price Forecast points to limited upside as buyers delay restocking ahead of holiday logistics.
• Polyamide Production Cost Trend showed easing as adipic acid softened, reducing conversion pressures on margins.
• Polyamide Demand Outlook remains subdued, with automotive and engineering plastics offtake restrained and exports patchy.
• Polyamide Price Index volatility rose in September as pre-holiday stockpiling tightened supply and lifted offers.
• Major producer operating rates remained steady; no significant outages reported, keeping market availability broadly sufficient.
Why did the price of Polyamide change in September 2025 in APAC?
• Pre-holiday stockpiling in September tightened prompt availability, lifting short-term buying and elevating regional spot premiums.
• Balanced domestic production with operating rates and elevated inventories limited upward price pressure in September.
• Modest adipic acid cost easing reduced conversion expenses, constraining pass-through and supporting short-term market stability.
Europe
• In Germany, the Polyamide Price Index rose by 3.83% quarter-over-quarter, supported by restocking in September.
• The average Polyamide price for the quarter was approximately USD 5847.33/MT, indicating market stability overall
• Polyamide Spot Price lifted mid-September as port congestion and stronger automotive calloffs tightened immediate availability
• Polyamide Price Forecast expects modest gains as restocking met logistical constraints, slightly tightening available supply
• Polyamide Production Cost Trend rose as adipic acid strengthened, partly mitigated by lower natural gas
• Polyamide Demand Outlook improved as automotive and electrical sectors resumed procurement ahead of Q4 production
• Polyamide Price Index volatility reflected Asian import offers alternating with European producers managing inventories near-term
• Polyamide market balance remained fragile with high stocks, selective buying and shifting export flow impacts
Why did the price of Polyamide change in September 2025 in Europe?
• Renewed automotive restocking and post-holiday production resumption increased immediate offtake, tightening short-term Polyamide availability locally
• Persistent port congestion and rail delays disrupted shipments, prompting buying and elevating spot premiums
• Adipic acid increases raised production costs while lower natural gas partly offset net cost pressure
MEA
• In Saudi Arabia, the Polyamide Price Index fell by 1.87% quarter-over-quarter, due to weak demand.
• The average Polyamide price for the quarter was approximately USD 3340/MT, per CFR Al Jubail.
• Polyamide Spot Price remained range bound as Chinese imports and steady flows capped upward movement today.
• Polyamide Price Forecast points to modest gains if converters restock ahead of logistics congestion Q4.
• Polyamide Production Cost Trend lacked pressure as feedstock costs and easing freight reduced landed costs.
• Polyamide Demand Outlook remains weak as automotive and engineering sectors procure conservatively, maintaining soft pricing.
• Polyamide Price Index softness reflected high inventories and reduced export buying ahead of Golden Week.
• Major regional producers kept shipments steady while Saudi converters deferred restocking, limiting upward price pressure.
Why did the price of Polyamide change in September 2025 in MEA?
• Consistent imports from Asia maintained availability, increasing competitive offers, and limiting local upward price pressure.
• Downstream procurement cooled ahead of Golden Week, reducing buying interest and extending negative price momentum.
• Freight easing lowered landed costs while flat feedstock prices offered little support for firmer offers.
South America
• In Brazil, the Polyamide Price Index fell by 0.66% quarter-over-quarter, reflecting balanced supply and weak demand.
• The average Polyamide price for the quarter was approximately USD 3995.33/MT, measured across domestic FOB and import transactions.
• Polyamide Spot Price remained range-bound amid steady feedstock costs and cautious converter purchasing behavior constraining transactional momentum.
• Polyamide Price Forecast indicates modest near-term softness as subdued automotive and textile demand delays restocking activity.
• Polyamide Production Cost Trend stayed flat given stable adipic acid input prices, limiting upward pressure on offers.
• Polyamide Demand Outlook remains muted with converters adopting need-based procurement and restrained purchasing ahead of Q4.
• Polyamide Price Index volatility increased slightly late in quarter as sellers discounted offers to stimulate buying interest.
• Export demand weakness and ample inventories pressured local offers, while port congestion and freight dynamics could alter future flows.
Why did the price of Polyamide change in September 2025 in South America?
• Balanced domestic production and steady feedstock costs prevented producers from raising prices despite weakening downstream consumption.
• Soft automotive and engineering plastics demand reduced offtake, enabling buyers to push for lower supplier offers.
• Ample import availability and cautious stocking behavior limited spot tightness, while logistics delays had only minor upward influence.
For the Quarter Ending June 2025
North America
• The Polyamide Price Index in North America declined by 0.6% quarter-over-quarter in Q2 2025, driven by weak demand and flat supply fundamentals.
• Supply remained adequate as domestic production ran steadily with stable feedstock costs. Imports from Europe and Asia flowed smoothly, keeping inventories sufficient despite minor logistics delays.
• Demand stayed soft, with subdued offtake from automotive and textile sectors. High inventories and cautious purchasing amid trade uncertainties curbed consumption.
• Lower trans-Pacific freight rates capped the Polyamide Production Cost Trend, while the U.S.-China tariff pause did not revive downstream demand as anticipated.
• Overall, the Polyamide Price Forecast for Q2 reflected a flat-to-weak trend, with the Polyamide Demand Outlook remaining subdued due to fragile sectoral recovery and minimal restocking.
Why did the Polyamide Price Index change in July 2025 in North America?
• The Polyamide Price Index in North America remained unchanged in July 2025, with post-holiday market inactivity limiting price movement.
• The Polyamide Production Cost Trend stayed flat, supported by stable feedstock prices, and easing freight rates, ensuring no cost-driven price adjustments.
• The Polyamide Demand Outlook remained weak as automotive production cuts and sluggish textile orders kept procurement minimal. Buyers continued destocking instead of placing fresh orders.
• The Polyamide Price Forecast for the near term pointed to stable prices, with supply-demand balance unlikely to shift amid fragile downstream activity.
Europe
• The Polyamide Price Index in Europe increased by 0.3% quarter-over-quarter in Q2 2025, driven by temporary supply-side constraints and cautious downstream restocking.
• Polyamide supply conditions improved marginally as BASF lifted force majeure on its Ultramid A plant, resulting in steady inventories levels. Producers maintained stable operations, while competitively priced Asian imports added to overall availability, limiting supply-induced price pressures.
• Demand stayed muted across core segments like automotive and engineering plastics, with OEMs avoiding bulk purchases amid weak new order volumes and uncertainty from proposed U.S. automotive tariffs. Cautious buyer sentiment and high inventory levels kept procurement need-based and conservative.
• Logistical inefficiencies, including port congestion at Hamburg and low Rhine River water levels, disrupted inland transportation, tightening short-term material movement. However, these disruptions were insufficient to drive sustained price escalations as demand fundamentals remained weak.
• Overall, the European Polyamide Price Index reflected a narrow trading band through Q2, with soft demand and ample supply maintaining a balanced yet fragile market environment. Sellers maintained competitive offers to stimulate transaction volumes, but broad-based demand revival remained absent.
Why did the Polyamide Price Index change in July 2025 in Europe?
• The Polyamide Price Index in Europe held steady in July as ample inventories across producers and distributors absorbed any logistical fluctuations, keeping market fundamentals balanced.
• Downstream automotive demand remained subdued despite slight improvements in production schedules, as OEMs continued to limit raw material procurement amid lingering trade policy uncertainty and weak export orders.
• Although minor supply-side disruptions persisted due to logistical inefficiencies at German ports, these factors were insufficient to push prices higher given the overall tepid demand environment and high stock levels.
APAC
• The Polyamide Price Index in APAC registered a quarter-over-quarter decline of 5.9% in Q2 2025, driven by persistent oversupply and weak downstream demand, particularly in the automotive sector.
• Regional oversupply conditions dominated the quarter, with steady inflows from broader Asian Market pressuring local inventories. Scheduled maintenance shutdowns and logistical disruptions only offered brief supply-side support, insufficient to counteract the broader surplus.
• Lower intra-Asian freight rates maintained the cost competitiveness of imports. However, intermittent port congestion in China and upstream incidents provided short-lived supply tightness, which failed to sustain price recovery amidst tepid demand.
• Demand from Thailand’s automotive and engineering plastics sectors remained muted, constrained by sluggish export orders, high inventories, and macroeconomic uncertainties. Buyers refrained from aggressive restocking, maintaining a conservative procurement approach.
• Throughout Q2, Polyamide prices in Thailand trended downward, reflecting a structurally oversupplied market coupled with persistent demand weakness. Brief supply-side disruptions provided only transient price support, keeping the overall market firmly bearish.
Why did Polyamide Prices change in July 2025 in APAC?
• The Polyamide Price Index in Thailand declined in July 2025, driven by weak automotive sector demand and intensified competition from Chinese EV makers impacting local production.
• The Polyamide Production Cost Trend remained flat, as feedstock prices and shipping costs showed no significant movement, offering no cost-side support for prices.
• The Polyamide Demand Outlook stayed fragile, with downstream sectors continuing destocking and refraining from fresh procurement due to subdued order flows and market uncertainty.
• The Polyamide Price Forecast for the near term pointed towards continued downward pressure, with ample supply and lack of a demand revival likely to sustain the bearish price trajectory.
South America
• The Polyamide Price Index in South America declined by 0.2% quarter-over-quarter in Q2 2025, as a subdued demand environment counterbalanced a cautiously managed supply landscape.
• Supply remained steady with domestic producers aligning production rates to low order volumes, ensuring inventories stayed controlled despite minor logistical delays and extended lead times.
• Demand conditions were persistently weak, with the automotive sector’s output gains failing to translate into meaningful polyamide offtake. Buyers prioritized inventory drawdowns, avoiding fresh procurement amid trade policy uncertainties.
• Stable feedstock adipic acid prices provided cost-side relief, but a sluggish downstream sector and muted export demand from key partners like the U.S. and Mexico kept consumption restrained.
• Overall, the Polyamide Price Forecast for Q2 pointed to a flat-to-soft trend, with the Polyamide Demand Outlook expected to remain subdued due to fragile end-user markets and cautious inventory management across the value chain.
Why did the Polyamide Price Index change in July 2025 in South America?
• The Polyamide Price Index in Brazil remained stable in July 2025, as balanced supply and sluggish demand from the automotive and engineering plastics sectors prevented any notable price movement.
• The Polyamide Production Cost Trend stayed flat, supported by stable feedstock prices and smooth logistics, offering no cost-driven impetus for price adjustments.
• The Polyamide Demand Outlook remained fragile, with buyers maintaining conservative procurement strategies due to high inventories and uncertain market conditions in both domestic and export markets.
• The Polyamide Price Forecast for the near term indicated a range-bound trend, with no immediate triggers for a shift in the supply-demand equilibrium unless downstream activity sees a significant revival.
MEA
• The Polyamide Price Index in MEA declined by 2.4% quarter-over-quarter in Q2 2025, driven by persistent oversupply and sluggish demand from key downstream sectors.
• Supply remained ample, supported by steady imports from China and South Korea, as regional exporters diverted surplus cargoes to MEA markets amid weak domestic demand and favourable freight conditions.
• Demand dynamics stayed muted, with the automotive and industrial components sectors adopting a cautious procurement strategy. Buyers prioritized inventory drawdowns, with limited fresh purchases amid economic uncertainty and fragile sectoral recovery.
• Stable feedstock costs and soft global price benchmarks kept production economics in check, but excess material availability pressured sellers to adjust pricing to sustain market competitiveness.
• Overall, the Polyamide Price Forecast for Q2 reflected a bearish outlook, with the Polyamide Demand Outlook expected to remain underwhelming due to persistent macroeconomic headwinds and cautious downstream activity.
Why did the Polyamide Price Index change in July 2025 in MEA?
• The Polyamide Price Index in MEA remained stable in July 2025, as balanced supply from consistent import inflows and weak downstream demand prevented any significant price movement.
• The Polyamide Production Cost Trend stayed flat, supported by steady feedstock prices and controlled logistics expenses, ensuring no cost-led price adjustments.
• The Polyamide Demand Outlook remained subdued, with downstream sectors like automotive and nylon 66 continuing to procure cautiously, focusing on depleting existing inventories rather than initiating new orders.
• The Polyamide Price Forecast for the near term pointed to a stable-to-soft trend, as the current supply-demand equilibrium is unlikely to shift meaningfully without a clear recovery in downstream consumption or changes in regional trade dynamics.
For the Quarter Ending March 2025
North America
The North American polyamide market recorded a 0.9% quarterly price decline in Q1 2025, with subdued demand persisting consistently throughout the period. Early-quarter hesitation stemmed from anticipated inflationary pressures and potential trade policy shifts under the new Trump administration. Supply-side stability improved after the ILA and USMX resolved port strike threats through a six-year labour agreement, averting major logistical disruptions.
Mid-quarter operations normalized as Winter Storm Enzo cleared, though market uncertainty intensified following President Trump's 25% tariffs on Mexican and Canadian goods. These measures triggered retaliatory actions, further dampening trade activity. Despite stable supply chains, downstream sectors maintained cautious procurement strategies, particularly in automotive and industrial applications.
The quarter closed with persistent weak demand conditions in the North American polyamide market. A sharp decline in consumer sentiment, fuelled by stagflation concerns and ongoing policy volatility, further compounded existing market challenges. While supply remained balanced, these macroeconomic headwinds prevented any meaningful price recovery during the quarter. Market participants maintained a cautious outlook as these factors continued to cloud near-term pricing direction, with the price for Polyamide (DEL Houston) settling at USD 4,860/MT in the US.
APAC
The Asia Pacific polyamide market registered a 1.9% quarter-on-quarter price decline in Q1 2025, as demand remained muted across major regional economies. Early in the quarter, limited trading activity ahead of the Spring Festival and widespread downstream shutdowns led to minimal procurement. Supply-side operations ran at low rates, while port congestion at Shanghai and Ningbo caused by pre-holiday cargo surges and adverse weather conditions resulted in minor domestic oversupply, adding downward pressure on prices. Mid-quarter, a brief price rebound emerged, supported by rising feedstock costs—particularly adipic acid—and the resumption of post-holiday industrial activity. However, buyers prioritized inventory restocking over new purchases. Automotive sector demand remained moderate, as OEMs adopted cautious procurement amid sluggish recovery, contributing little to market momentum. By quarter-end, polyamide prices weakened again as insufficient market confidence, cautious purchasing behaviour, and fragile export interest weighed on sentiment. Ongoing U.S.-China trade tensions further dampened global demand, with rising tariffs and retaliatory measures eroding export competitiveness. With polymerization units maintaining reduced run rates, further production cuts were anticipated if demand remained sluggish, with quarter-ending prices for Polyamide 66 FOB Dalian in China recorded at USD 2430/MT.
Europe
The European polyamide market recorded a 2% quarter-on-quarter price increase in Q1 2025, driven by elevated feedstock costs—particularly adipic acid, benzene, and natural gas. Early in the quarter, post-holiday demand recovery in the automotive sector supported gradual price gains, while producers responded to cost pressures with upward pricing momentum. Mid-quarter, polyamide prices surged as suppliers sought margin recovery after prior-year destocking. Buyers under long-term low-rate contracts faced the sharpest hikes. While isolated force majeure events sparked concern, actual disruptions were limited. Sustained energy inflation and firm raw material pricing reinforced bullish sentiment across the market. By quarter’s end, market conditions began to stabilize. Domestic output saw minor constraints due to plant issues, but this was offset by an influx of competitively priced Asian imports, which helped rebalance inventories. However, European demand remained subdued, particularly in industrial segments, limiting overall consumption. Rising import competition from Asia, where lower production costs prevail, intensified price pressure, prompting cautious sentiment among regional producers heading into Q2, with quarter-ending prices for Polyamide 66 DDP Germany recorded at USD 5,480/MT.
South America
The South American polyamide market witnessed a 1.1% quarter-on-quarter price decline in Q1 2025, largely driven by subdued demand and stable production. Early in the quarter, manufacturers maintained consistent output, supported by steady adipic acid costs. However, weak consumer purchasing power and declining international orders kept downstream activity limited, restricting market momentum. By mid-quarter, a further drop in feedstock adipic acid costs eased production expenses, allowing suppliers to sustain operating rates. Consumer confidence eroded in February amid rising inflation and a deteriorating macroeconomic backdrop. Export orders offered marginal support, though procurement remained cautious amid global uncertainties. Toward the quarter’s close, polyamide prices reached USD 4030 /MT, as trading stabilized. Strong domestic automotive sales in Brazil helped sustain polyamide consumption, with vehicle production supporting steady input demand. However, looming U.S. tariffs on auto parts raised concerns over potential cost escalations for Brazilian exports, threatening raw material demand in the automotive sector. While Q1 closed with relative stability, external trade risks posed challenges for future sentiment. Market fundamentals remained tied to automotive performance and global trade developments.
MEA
The MEA polyamide market recorded a 1.1% quarter-on-quarter price decline in Q1 2025, reflecting ongoing demand softness and stable supply dynamics. Early in the quarter, ample availability was ensured through low-cost imports from Asia, where prices weakened ahead of the Lunar New Year. Competitive freight rates and proactive inventory strategies by local manufacturers helped maintain consistent stock levels despite minor logistical delays. By mid-quarter, prices edged higher due to rising feedstock costs and the return of supply flows from Chinese exporters post-holiday. While shipments to the UAE increased, the cost of imported polyamide rose, narrowing buyers’ interest. On the demand front, moderate activity in the automotive sector, focused on inventory restocking, provided temporary support to polyamide consumption. Towards the end of Q1, Polyamide 66 CFR Al Jubail prices settled at USD 3440/MT, though market sentiment remained cautious. Most downstream buyers continued to purchase only as needed, citing high inventories and slow demand recovery. With limited urgency in restocking, price pressures are expected to persist into the near term.
For the Quarter Ending December 2024
North America
In Q4 2024, the North American Polyamide market experienced a consistent 1% decline in prices, reflecting subdued demand, sufficient supply, and broader economic uncertainties. Weak procurement from the automotive sector, a key consumer, marked the start of the quarter, with buyers focusing on immediate needs amid cautious market sentiment. Logistical disruptions, including port strikes at East and Gulf Coast ports, temporarily affected supply chains.
As the quarter progressed, sluggish demand persisted despite an uptick in U.S. auto sales, as manufacturers relied on existing inventories rather than placing new orders. Additionally, the resolution of the strike as the quarter progressed helped restore logistics operations, minimizing long-term impacts on supply. Seasonal destocking efforts intensified, further curbing procurement activity. Meanwhile, exports weakened significantly due to a decline in new orders, especially from European and Australian markets, where economic challenges reduced import appetite.
By the end of the quarter, the price for Polyamide 6,6 DEL US Gulf (USA), was recorded at USD 4870/MT as the seasonal slowdown and declining feedstock prices reinforced the bearish market sentiment. Oversupply, coupled with weak export performance, left Polyamide prices under pressure, concluding the quarter with limited signs of recovery.
Europe
In Q4 2024, the European Polyamide market experienced a declining trend, with prices showing an approximate 5% overall decrease compared to previous quarter. This downward trend was primarily driven by weak demand from downstream sectors, particularly the struggling automotive industry, combined with year-end seasonal slowdowns and destocking efforts. The European automotive industry’s declining Business Climate Index throughout the quarter reflected persistent weak demand, high costs, and increased competition, contributing to the downward pressure on polyamide prices. This weak demand was further reflected in declining new car registrations reported by the Federal Motor Vehicle Office (KBA), leading automakers to scale back production and further reducing polyamide consumption. Stable feedstock benzene costs and declining adipic acid prices further contributed to the bearish market sentiment by lowering production costs. Weak export expectations, driven by continued lack of momentum in foreign business, further amplified the market downturn. By the end of the quarter year-end inventory build-up during destocking limited fresh procurement activity, keeping transaction volumes low and contributing to the overall decline with the price for Polyamide 6,6 FOB Hamburg in Germany standing at USD 5315/MT.
APAC
In Q4 2024, the Asian Polyamide market experienced a consistent downward trend in pricing, primarily driven by weak demand from key downstream sectors such as the automotive industry, supply overhang, and broader economic uncertainties. Compared to Q3 2024, prices saw a significant 7% decline, reflecting the broader market weakness and the ongoing challenges in the global economic environment particularly due to weak economic conditions, led to diminished export orders, which further exacerbated the market's weakness. Downstream buyers exhibited caution in their purchasing decisions, contributing to inventory accumulation and a slowdown in procurement. Additionally, declining feedstock prices, such as benzene and adipic acid, provided limited cost support, which further pressured prices. As the quarter progressed, the market lacked upward momentum due to persistent oversupply, and demand remained largely subdued. The seasonal slowdown and year-end inventory adjustments by manufacturers led to cautious purchasing and further downward pressure on prices. By the end of the quarter, Polyamide 66 FOB Dalian prices in China stood at USD 2528/MT. The overall market sentiment was bearish, with minimal price fluctuations despite stable supply conditions.
MEA
In Q4 2024, the Polyamide market in the MEA region exhibited a significant 4% decline in prices, driven by subdued demand, oversupply, and competitive freight rates. Downstream industries remained cautious with procurement, limiting orders to essential requirements, which contributed to sluggish market activity. Stable to declining polyamide price trends in major export markets like the U.S. and China further pressured the MEA market, enabling manufacturers to accumulate inventory at lower costs, ultimately leading to an oversupplied market. Year-end destocking efforts were a prominent feature, with manufacturers offering discounts to clear excess inventories, preventing any potential upward price movement. Additionally, logistics costs eased as Drewry’s Intra-Asia Container Index declined in December, ensuring competitive freight rates across the region. Saudi Arabia experienced the most pronounced price reductions within the MEA market, reflecting the broader regional trend of steady declines. By the end of the quarter, Polyamide Nylon 6,6 (Med Viscosity) CFR Al Jubail prices stood at USD 3495/MT, underscoring the persistent downward trajectory and challenging market conditions observed throughout the period.
South America
In Q4 2024, the Polyamide market in the South America faced a continuous decline in prices, influenced by weak demand from key downstream sectors such as automotive sector. The American market saw moderate operating rates, with domestic merchants largely fulfilling demand from existing inventories rather than new orders. Customers adopted a "wait and see" approach, limiting fresh purchases and contributing to the overall price decline. Additionally, overseas orders remained weak, particularly as global economic uncertainties dampened consumer spending, and manufacturers faced limited new business activity. Particularly in Brazil, while supply remained sufficient to meet domestic demand, the market was impacted by logistical challenges, including hurricane-related disruptions and capacity constraints. Extended delivery times led to an accumulation of post-production inventories, while logistical inefficiencies created additional pressure on the market. The rising Transpacific freight rates, which reached elevated levels in December, added to the supply chain strain, further influencing the price trend. By the end of the quarter, the overall market sentiment remained bearish, with the price for Polyamide 66 FOB Sao Paulo recorded at USD 4040/MT, highlighting the persistent negative pricing trend in the region.
