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BASF Announces $0.30/LB Price Increase for Caprolactam, Nylon 6, and Nylon 6/66 Copolymer – Effective May 1

BASF has announced a $0.30 per pound price increase for its North American feedstock caprolactam, nylon 6, and nylon 6/66 copolymer, effective May 1, 2024, or earlier based on contract terms.

While BASF did not single out a specific cause, analysts note that raw‑material cost pressures and sustained demand from the automotive and fiber/textile sectors have been driving prices upward since the beginning of the year. In the January‑February period, nylon 6 prices rose 15 ¢/lb following the late‑2020 fourth‑quarter price hikes announced by suppliers.

Industry observers warn that the February Gulf‑Coast winter freeze shut down feedstock and resin plants, tightening supply and potentially prompting further price moves in the April‑May window.

For a visual reference, see the accompanying image below.

BASF Announces $0.30/LB Price Increase for Caprolactam, Nylon 6, and Nylon 6/66 Copolymer – Effective May 1

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