Polyamide prices in China and Germany demonstrated relative stability in the first half of February 2025, with both markets experiencing slight upward pressure due to varying regional factors. While supply chains remained robust in both regions, demand dynamics and external economic conditions influenced Polyamide price movements, resulting in modest increases.

In China, Polyamide prices remained steady but leaned toward the upper end of the spectrum during the early period. The post-holiday resurgence in manufacturing activity drove businesses to focus on inventory replenishment, supported by ample supplies of key raw materials. Accelerated supplier delivery times further eased logistical bottlenecks, ensuring uninterrupted production. However, a slight price increase of 0.8% was observed as the month progressed, primarily due to rising feedstock costs, particularly for adipic acid.

On the demand side, the automotive sector, a major downstream consumer of Polyamide, exhibited moderate activity, with automakers prioritizing inventory restocking over new orders amid a slower post-holiday recovery. This suggests that while current demand is primarily driven by inventory replenishment, a gradual improvement is anticipated as consumer confidence and production activity normalize in the coming months.

Similarly, Germany’s Polyamide market-maintained price stability, balancing steady supply with subdued demand. Manufacturers ensured consistent production levels, supported by relatively stable feedstock costs. However, rising energy prices exerted mild pressure on production expenses.

However, as the month progressed, price for Polyamide in the European market increased slightly by 0.55%, driven by suppliers aiming to improve profit margins following a period of heavy destocking and weak prices at the end of the previous year. Lower-priced customers experienced the most significant hikes. Although recent force majeure notices did not severely disrupt supply, they contributed to the upward price trend.

Additionally demand of Polyamide from the automotive sector remained weak, reflecting broader economic challenges that have led consumers to defer major investments. Despite this, business expectations have reached their highest levels in nearly three years, fuelled by optimism around potential interest rate cuts and an economic upturn following upcoming elections.

Looking ahead, the Polyamide markets in both China and Germany are poised for cautious optimism. In China, the anticipated normalization of manufacturing activities and consumer confidence is expected to bolster demand, potentially leading to gradual price increases. However, stakeholders should remain attentive to feedstock cost fluctuations and global supply chain dynamics, which could impact pricing and availability. In Germany, while current demand remains subdued, the positive shift in business sentiment suggests a potential rebound in the automotive sector, which may drive increased Polyamide consumption.