Chemicals, Polymers

February 26, 2024

Platts to launch global Nylon-6, Nylon-66 resins spot assessments

Platts, part of S&P Global Commodity Insights, will launch Nylon-6 (chemically known as Polyamide-6) and Nylon-66 (chemically known as Polyamide-66) assessments across Asia and the US effective April 1 and in Europe effective April 2.

Also, Platts has decided to start the coverage of nylon intermediates market announced in a separate methodology subscriber note.

The new assessments will expand Platts coverage on polymers, as well as better serve the growing fibers and engineering industry.

Details of the global Nylon-66 assessments are as follows:

Basis and location Laycan Cargo size UOM Product specifications Symbols Timestamp
FOB China Loading 20-40 days forward 100-300 mt $/mt Engineering grade resin, with a viscosity of 2.4-2.7 g/ml CN66A00 1630 Singapore time
Ex-works US Southeast Loading 10-30 days forward 20-24 mt USD/lb Engineering grade resin, with a viscosity of 2.33-2.67 g/ml, melting temperature at 262°C CN66U01 1330 US Central time
DDP Northwest Europe Delivered 3 to 30 days forward 20-24 mt Eur/mt Engineering grade resin with a viscosity of 2.7g/ml CN66E01 1630 London time

* "Resin" and "chips" are used interchangeably.

Platts originally proposed to assess black Nylon-66 in Europe. However, following market feedback, Platts decided to assess mainstream non-black color engineering grade instead.

Details of the global Nylon-6 assessments are as follows:

1630 Singapore time DDP Northwest Europe Delivered 3 to 30 days forward 20-24 mt Eur/mt CPA6E01 1630 London time
Basis and location Laycan Cargo size UOM Product specifications: Symbols Timestamp
FOB China Loading 20-40 days forward 200-500 mt $/mt Bright textile grade resin with a viscosity of 2.4-2.7 g/ml CPA6A01
FOB China Loading 20-40 days forward 200-500 mt $/mt Semi-dull textile grade resin with a viscosity of 2.4-2.7 g/ml CPA6A02
FOB China Loading 20-40 days forward 200-500 mt $/mt Full-dull textile grade resin with a viscosity of 2.4-2.7 g/ml CPA6A03
Ex-works US Southeast Loading 10-30 days forward 20-24 mt USD/lb Resin with a viscosity of 2.65-2.7 g/ml, melting temperature at 220°C CPA6U01 1330 US Central time
Resin with a viscosity of 2.7g/ml
Color: Bright with no additives (prime/virgin grade)

All market information reported through the week to Platts may be considered and will be published in real time, including firm bids and offers, trades, and indicative values, as well as any other data deemed relevant to the assessment process. The assessments will be published on business days in line with regional publication schedules.

Pricing information with terms, locations, and specifications different from the above standard may be considered for assessment purposes, subject to normalization.

Please send any questions, comments or feedback to petchems@spglobal.com with a copy to pricegroup@spglobal.com.

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