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Duty caprolactam Prices Up in Mumbai as Demand Strengthens | |
Mumbai’s caprolactam grade powder witnessed a modest yet significant uptick from Rs182/kg on 12 July to Rs.185/kg on 14 July, a rise of Rs.3/kg (≈1.6%), reflecting tightened supply or a surge in demand likely tied to heightened downstream activity. Caprolactam, the primary monomer for Nylon‑6, fuels a diverse array of industries: textiles (where Nylon‑6 fibers dominate yarn and carpet markets), engineering plastics for automotive components such as engine covers, radiator tanks, gears, fasteners, and electrical housings, as well as films, coatings, industrial yarns, electronics, and even medical devices. Globally, the caprolactam market stood at approximately USD 16.4 billion in 2023, projected to climb to USD 24.7 billion by 2033 at a CAGR of around 4.2–5.8%, driven by demand in textiles, automotive lighter-weight components, and electronics in Asia–Pacific—where India is a key growth locus. In light of this outlook and recent price momentum, buyers in Mumbai are advised to secure forward contracts and monitor input costs like cyclohexane and benzene to mitigate further increases, while suppliers could capitalize on marketing their high‑purity industrial grade, fortify supply chains with auto, textile, and electronics manufacturers, and position themselves for premium margins amid rising demand. Indian Producers:- Gujarat State Fertilizers & Chemicals Ltd (GSFC), Vizag Chemical, Belahwa Enterprises, Priyank International, Reliable Traders (Mumbai). International Producers: Domo Chemicals, BASF SE, Fibrant, UBE Corporation, AdvanSix, Alpek, Grupa Azoty (Zakłady Azotowe Puławy), China Petrochemical Development, caprolactam Prices in India, Indian caprolactam Prices, Indian Prices caprolactam, IndianPetrochem. | |
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| Target State: All States Target City : New Delhi Last Update : Jul 14, 2025 10:31 AM Number of Views: 7 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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2025-07-14 (0.779 sec)