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According to a recent letter from BASF to customers, BASF has lifted its force majeure declaration for PA66 compounds
.
The company said that the current supply of intermediates for PA66 compounds has improved
.
Its internal suppliers also terminated the force majeure declaration that had been in place since April
.
Based on the overall improvement in supply conditions, BASF announced the official lifting of the force majeure on the PA66 compound previously released in April
.
However, despite BASF's move, some buyers may experience limited supplies as logistics conditions remain unimproved
.
BASF's letter also mentioned that the company will still implement quota allocation in December for sales
.