The price of both Nylon 66 and Nylon 6 wide specification (WS) pellets and scrap was up again in February 2011. There are currently several factors driving these world wide price increases for commodities and plastics. Of course the main factor driving all of the price increases is the emerging markets in India and China. The price of cotton is at the highest level it has been since 1870 during the Civil War. The contract price for a pound of cotton is around $1.198/lb., with cotton futures trading in the $1.936/lb. price range at this time. (Please see the attached Wall Street Journal article.)
http://online.wsj.com/article/SB10001424052748704300604575554210569885910.html
With Oil hovering around $98/ barrel this price will continue to drive up, or support the current high cost of all plastic feedstocks and intermediaries. Between the high price of cotton and oil it is putting pricing pressure on all synthetic fibers (PA66, PA6, PET), and will support the current PA66, PA6 pricing levels through mid-2011.
The price of Nylon 66 WS pellets was up in February, and we are expecting to see another $.05/lb. increase in March. Invista has declared force majeure due to the cold weather in Texas, which has caused outages at their PA66 intermediary plants in Orange and Victoria. All of Invista’s prime customers are on allocation due to the tight supply of material feedstocks. Ascend had announced a $.15/lb. price increase for February, and we expect to see them follow up with a $.05-$.06/lb price increase in March. Rhodia is still under force majeure in Europe, so don’t expect to see the price of PA66 start to soften any time soon.
Caprolactam (CPL) was selling in China on contract in the $3220/MT range in February, with traders driving the price as high as $3500/MT. The high price of CPL is going to keep the price of Nylon 6 up in the short run, because the domestic CPL producers would rather make flake and send it to China if they cannot get over $1.40/lb. for their prime PA6 resins in the USA market. The PA6 market is over heated at this time, but does not show any signs of letting up in the short run. We still think that the PA6 market will soften before mid-2011.
Acrylic (PMMA) is continuing to go up in price like all other plastic materials. We have just been asked for a $.02/lb. price increase for the PMMA scrap and regrinds that we are currently buying on a monthly basis. The USA MMA producers have declared force majeure due to the 3 days of extreme cold weather along the Texas Gulf Coast in February. The contract price of MMA is around $.82-$.84/lb. ($1800/MT), with MMA selling in the spot market around $.95/lb. ($2100/MT) in late February. Most of the domestic PMMA producers are back to running close to capacity due to stronger export sales in 2010 and early 2011. We expect to see this market to be more stable in 2011 with PMMA scrap prices staying at their current levels, or moving slightly higher as the year progresses.
Please see the Nylon 66 below that we currently have available for sale/ delivery in March 2011.
- 2 loads Nylon 66 dull wide spec pellets
- 2 loads Nylon 66 semi dull pellets
- 2 loads Nylon 66 bright regrind
- 2 loads Nylon 66 semi dull or mixed luster regrind,
- 1 load Nylon 66 mixed luster pellets with possible black specs
- 1 load Nylon 66 wet sweeps
- 1 load Nylon 66 dry sweeps
- 4 loads Nylon 6 Prime 2.7 RV pellets
Please let me know if your compounding division has an interest in purchasing any of the material listed above. All prices are subject to change without notice. All materials offered are subject to prior sale.
Dualloy is looking to increase our supply of Chrome Plated Plastic Scrap that is generated from manufacturing bathroom products, sanitary ware, automobiles, and from window locks/latches.
Dualloy Purchases the following Chrome Plated Plastic Scrap:
Sanitary Ware / Bathroom Products
Automotive: Mirrors, Trim, Grills, Door Handles
Window Locks / Latches
Please give us a call is you have Chrome Plated plastic scrap and waste that you need to sell.
Dualloy also purchases the following types of wide specification pellets and plant scrap.
Nylon 66 (PA 66) Polyamide 66
Nylon 6 (PA 6) Polyamide 6
Polyvinyl Butyral (PVB)
Acrylic (PMMA)
Dualloy sells the following types of Nylon 6 Polymer waste.
Nylon 6 Kettle Bottoms
Nylon 6 Depoly Residue
Nylon 6 Solidified Oligomer Waste
Nylon 6 Washwater
Nylon 6 Washwater/Oligomer Waste
Call for MOQ and current material prices.
Dualloy purchases/sells plastic resin and polymers in the following forms.
Aged/Obsolete Virgin Pellets
Wide-Specification Pellets
Clean uniform Plastic Regrinds
Reactor Lumps/Chunks/Patties
Nylon Fiber Bales
Dualloy has the following Nylon materials available for sale:
Nylon 66 Semi Dull Wide Spec Pellets
Nylon 66 Dull Second Quality Pellets
Nylon 66 Textile Bright Pellets
Nylon 66 Pellets w/ up to 0.02% TiO2
Nylon 66 Mixed Color Regrind
Nylon 66 Bright Regrinds
Nylon 66 Semi Dull / Mixed Luster Regrind
Prime Nylon 6 Pellets 2.7 RV – Natural
Packaged in 1,500# boxes
Please feel free to contact me at: JamesGubera@dualloy.com