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Presented by www.fibre2fashion.com Crude Oil

Purified Terephthalic Acid

In the first half of last fortnight, selling offers for Crude oil prices increased due to plunged in Crude oil inventories in the U.S.A market. The Dated Brent Crude oil prices increased owing to escalation in tensions between Russia and Ukraine as new clashes erupted between ProRussian militia and Ukrainian security forces. In the second half of last fortnight, Crude oil prices declined due to surge in the value of U.S.A Dollar coupled with increase in inventories.

During the first half the selling offers for PTA was range bound. In early the last fortnight, selling offers for PTA opened with steady sentiments in Asian market due to mute buying sentiments in the region. In the second half, PTA prices declined. In the beginning of the second half, selling offers for PTA declined due to weak demand fundamentals. During the second half, PTA prices plunged in Asian market due to weaker upstream energy value coupled with a decline in feedstock values.

Naphtha During the first half of the last fortnight, Naphtha price increased in Asian and European market due to high trading volume. Naphtha prices surged in European market due to tight product availability as number of plants were under maintenance shutdown. Naphtha price surged in Asian market due to robust demand from downstream buyers. In the second half of the last fortnight, selling offers for Asian Naphtha increased and touched the highest level in last three months due to tighter supply situation. Ethylene In F E Asian market selling offers for Ethylene remained steady due to firm energy market. In European market, selling offers for Ethylene declined due to ample product availability in the region coupled with weak downstream demand. In the second half of last fortnight, Ethylene market opened with a firm sentiment in global market. In Asian market, Ethylene prices increased marginally due to limited product availability in the region. Paraxylene

Monoethylene Glycol

PX market declined in the global market during the first half of the last fortnight. During the first half of the last fortnight, PX price followed downward trend in Asian market due to weak buying sentiments coupled with poor downstream demand trend. In the second half of the last fortnight the price of PX remained sluggish. Initially, in the second half of the last fortnight the price of PX opened with firm sentiment but it gradually decline.

MEG market went through a deadlock situation and prices remained unchanged during the first half of last fortnight. And in the same period, MEG prices were opened without any change from closing mark of the previous fortnight. In the second half of the last fortnight, MEG price declined. In the beginning of the last fortnight, MEG prices went down in Asian market due to sluggish downstream demand and high inventory levels in the region.

(Apr 15 - 30, 2014)


Presented by www.fibre2fashion.com Polyester Filament Yarn Polyester filament yarn market showed firm appearance and prices went up due to robust demand from the downstream market in the Chinese domestic market. Polyester filament yarn prices increased as downstream buyers showed high enthusiasm in buying and replenished stocks actively during the first half. Polyester filament yarn market softened in line with weak feedstock market and unfavourable market outlook in the Chinese domestic market during the second half. Propylene

PET Chips PET chips market presented modest outlook and prices remained stable due to moderate demand and tight supply in the Chinese domestic market during the first half of the last fortnight. PET fibre chips market showed soft outlook and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market during the second half of last fortnight. In spite of sluggish demand, PET chips prices remained stable due to tight product availability in the market during the period.

In the first half of last fortnight, selling offers for Propylene increased. In early the last fortnight, Propylene increased mainly due to improved the demand in line with tightening in supply side. In Asian markets, Propylene price increased due to improved the downstream demand coupled with bullish upstream energy values. In the second half of last fortnight, Propylene price surged in global market. In Asian market selling offers for Propylene went up due to bullish regional buying sentiments. Acrylonitrile During the first half of last fortnight, ACN decline at slow and steady pace. In Asian market, ACN price plunged due to weak downstream demand and bearish buying sentiments. In the second half of last fortnight ACN prices declined in Asian and U.S.A market while in European market remained steady. During the second half of last fortnight, selling offers for ACN plunged in Asian market due to poor energy market coupled with bearish demand.

Polyester Staple Fibre Polyester staple fibre market presented soft outlook and prices remained stable due to subdued demand in the Chinese domestic market during the first half. Polyester staple fibre market presented a modest performance and prices remained almost stable due to sluggish demand from the downstream market in the Chinese domestic market during the second half. Polyester staple fibre prices remained unchanged as downstream buyers showed limited buying intentions during the second half.

(Apr 15 - 30, 2014)


Presented by www.fibre2fashion.com Acrylic Staple Fibre Acrylic staple fibre market maintained a dull appearance and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market. Acrylic staple fibre market continued to present soft performance and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market during the second half. Acrylic staple fibre market maintained a feeble consolidation due to lack of support from the downstream buyers and unfavourable market fundamentals during the period.

continued to follow a downward trend and prices went down due subdued demand in the regions coupled with the drop reported in upstream energy value during the second half. In the European market, Benzene prices went down due to weak buying sentiments from the downstream market and improved product availability in the regions during the second half. Caprolactam CPL market showed a firm performance and prices went up due to robust demand from the downstream buyers during the first half of the last fortnight. CPL market improved somewhat as downstream buyers actively participated in trading activities during that period. During the second half of last fortnight in Asia, CPL market maintained a modest outlook but prices increased marginally due to firm market fundamentals during the period.

Polypropylene PP market kept steady in the Asian market during the first half of the last fortnight. In the first half of the last fortnight, PP prices kept inert in S E Asian market due to mute buying sentiments coupled with firm feedstock price. During second half of last fortnight, PP price remained stable in S E Asian market and European market while U.S.A market increased. In Asian market, PP prices remained steady due to mute buying sentiments.

Nylon Chips Selling offers for Nylon chips increased at slow and steady pace during the first half of the last fortnight. In the early last fortnight, offers for Nylon chips increased in Asian market as trading sentiment surged in line with firm feedstock market. Selling offers for Nylon chips increased at slow and steady peace during the first half of the last fortnight. In the early last fortnight, offers for Nylon chips increased in Asian market as trading sentiment surged in line with firm feedstock market. Nylon Filament Yarn

Benzene In Asian market, Benzene market showed soft outlook and prices went down due to weak demand from the downstream buyers during the first half. In the second half, Benzene market

Nylon filament yarn market presented a soft appearance and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market during the first half. Nylon filament yarn market remained stable and prices were unchanged as downstream demand failed to improve during the second half. In spite of firm feedstock market, nylon filament yarn

(Apr 15 - 30, 2014)


Presented by www.fibre2fashion.com prices kept stable due to lack of support from the downstream buyers and weak market fundamentals during the second half.

Viscose Filament Yarn Viscose filament yarn market presented a firm appearance and prices went up due to robust demand from the downstream buyers in the Chinese domestic market. Viscose filament yarn producers increased offer prices during the period. On the other side, downstream buyers were positive and replenished goods during the first half. Viscose filament yarn market showed firm performance and prices went up due to robust demand from the downstream buyers and tight supply in the Chinese domestic market during the second half. Spandex

Cotton Linters & Pulp Cotton linter market showed weak appearance and prices went down due to subdued demand from the downstream buyers in the Chinese domestic market. Imported dissolving pulp market showed soft outlook and prices remained stable due to subdued demand from the downstream market during the first half. Cotton linter market followed a downward trend and prices went down due to subdued demand from the downstream market in the Chinese domestic market during the second half. Imported dissolving pulp market remained firm but prices were relatively stable due to sluggish demand from the downstream buyers during the second half. Viscose Staple Fibre Viscose staple fibre market presented soft outlook and prices remained stable due to moderate demand from the downstream buyers during the first half. Viscose staple fibre market showed modest appearance and prices remained stable as downstream buyers showed limited intentions in buying and stayed away from the market during the first half. Viscose staple fibre market presented a firm performance and prices went up due to favourable market fundamentals in the Chinese domestic market during the second half.

In the last fortnight, selling offers for Spandex remained mostly stable. In the first half of the last fortnight, demand for Spandex yarn used in weaving process remained stable, where as demand for Spandex used in knitting process declined. During the entire last fortnight, there were deadlock in market fundamentals as buyers and sellers firmly hold their offers and avoided any compromise on prices. During the second half of the last fortnight, selling offers for Spandex remained steady. Cotton International cotton market remained firm and trading activities improved due to firm market fundamentals during the first half. In India, Cotton market prices were relatively stable due to monotonous market condition, no major movement reported in market amid election. There is a huge unsold stock of lower grade cotton available with the seller and they were willing to sell at lower prices in order to reduce inventory. In China, Cotton market remained stable due to lacklustre transactions activities as majority of downstream buyers purchased reserved cotton in small quantity during the second half. Wool Wool market followed an upward trend in Australia market during the first half. Wool market continued to follow an upward trend in Australia market during the second half.

Contact us to get the complete latest issue of the report:

Ms. Pinky Roshan Mobile: +91-990.994.1402 Email: pinky@fibre2fashion.com (Apr 15 - 30, 2014)

Textile Market Watch Synopsis May_02_14.  

Market Watch Synopsis of last (April 15-30, 2014) which contain details of Crude Oil, Naphtha, Purified Terephthalic Acid, Ethylene, Paraxyl...