Asian Nylon 6 Chip Prices Hitting Records

Singapore, Nov. 12, 2010 -- Asian semi-dull nylon 6 chip makers are expecting prices to increase again for December, after reaching a record high, according to ICIS.

Record prices were seen on November 9 following a gain of $80-120 per ton.

The increase was on the back of firmer caprolactam (capro) feedstock values, sellers and buyers said.

The demand for nylon chips was being supported by the peak manufacturing season in the Chinese downstream nylon sector this month.