Latest news stories from PetroChemWire: Recycled Nylon 66 Higher on Prime Producer Invista Feedstock Force Majeure

Recycled Nylon 66 Higher on Prime Producer Invista Feedstock Force Majeure

By PetroChemWire

June 28, 2016

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Source: PetroChemWire
Latest news stories from PetroChemWire: Recycled Nylon 66 Higher on Prime Producer Invista Feedstock Force Majeure

Nylon 66 post-industrial (PI) black repro sold last week at 65 cpp FOB East Coast, up a penny from the previous week. Nylon 6 PI repro was at 55 cpp. Natural fiber PI nylon 66 regrind was done at 50 cpp and mixed luster nylon 66 regrind sold for 45 cpp, both FOB US South.

Meanwhile, in the prime spot market nylon 66 was offered at the high 90s cpp level, FOB US plant. But a force majeure late last week on adiponitrile (ADN) and hexamethylene diamine (HMD) by producer Invista at its Victoria, Texas, facility, and resultant allocations of this nylon feedstock, is expected to result in significant reductions in prime nylon production from one of the world’s largest producers. Higher prime nylon 66 prices could, in turn, support firmer recycled nylon 66 prices in early July.
For a free trial to PCW’s Weekly Recycled Plastics Report, Weekly PVC & Pipe Report or Daily Report on prime resins, monomers and NGLs visit the PetroChem Wire website at www.petrochemwire.com. You can also contact Cindy Bryan at [email protected] or (713) 385-1407