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Free Textile Market Watch Report : Today Textile Share Market Status - 17/Oct/2012 | Fibre2fashion by Jigar Pandya on Oct 19, 2012 • 234 views Free Textile Market Watch Report, Today Textile Share Market Status of 17th october 2012, Market watch report for Crude Oil, Naphtha, Ethylene, Paraxylene, Monoethylene Glycol, Purified Terephthalic Ac... More… Free Textile Market Watch Report, Today Textile Share Market Status of 17th october 2012, Market watch report for Crude Oil, Naphtha, Ethylene, Paraxylene, Monoethylene Glycol, Purified Terephthalic Acid, Propylene, PET Chips, Acrylonitrile etc.. Developed by fibre2fashion Less


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Free Textile Market Watch Report : Today Textile Share Market Status - 17/Oct/2012 | Fibre2fashion — Document Transcript • Presented by www.fibre2fashion.comCrude Oil subdued due to weak energy prices and bearish buying trend in Asian market. In Asian markets,In the early half of the last fortnight, Crude oil PTA prices were unchanged due to lack of buyingprice followed a mixed trend due to rise in U.S.A enthusiasm. In the second half of the lastfactory index and a critical concern about Spanish fortnight, selling offers for PTA increased in Asianeconomy. According to market experts, poor market due to firm feedstock prices coupled witheconomic function by China, U.S.A and Germany robust energy market. PTA market is expected towas also responsible for bearish trend in market. remain range bound in short term future with firmIn the second half of the last fortnight, selling support of market fundamentals.offers for Crude oil opened with a firm sentimentand remained range bound. Crude oil traded in ME Asia confirmed that the price remained rangebound due to revised outlook on energy market.NaphthaIn the early half of the last fortnight, selling offersfor Naphtha opened with a firm sentiment andremained range bound, while future priceremained on higher level which supported thesellers sentiment for price hike. In the second halfof the last fortnight, selling offers for Naphthaopened with a moderate sentiment and inched upby the end of the last fortnight. The offersrecovered the earlier loss as demand spiral up. EthyleneDemand for Naphtha emerged from F E Asian In the first half of the last fortnight, Ethylene pricesnations like Honam and Daesan which concluded opened without any change and were close with athe deal for late November delivery. mark of previous fortnight. In European international market, selling offers for Ethylene surged due to tight product avails and strong downstream demand. In the second half of the last fortnight, Ethylene market opened with a mixed sentiment in global market. Market speculators of major downstream plastic product kept close eye on Ethylene as demand from plastic sector remained volatile too. Monoethylene Glycol In the last fortnight, selling offers for MEG was stable-to-firm in global market. In Asian market, selling offers for MEG were quiet, as sentimentsParaxylene failed to firm up due to sluggish activities. Prices largely leveled off, as downstream buyers mainlyIn the beginning of the last fortnight, selling offers restocked in small volumes on rigid demand. Infor PX increased in Asian market, due to sturdy the second half of the last fortnight, selling offerdownstream demand and firm energy market, for MEG increased in Asian market due to bullishcoupled with improved buying sentiments in the downstream demand and improved regionalregion. PX price increased in USA market due to buying interest. In S E Asian market, selling offersfirm energy in the market. In the second half of for MEG opened with a steady sentiment.the last fortnight, PX surged in Asian markets dueto increased feedstock prices and firmdownstream demand. In European market, sellingoffers for PX were stable due to tight productavailability.Purified Terephthalic AcidIn the last fortnight, selling offers for PTA openedwith a mute pace as regional buying sentiment (October 01 – 15, 2012) • Presented by www.fibre2fashion.com Holidays. Polyester filament yarn market sentiments remained flat as downstream plant kept wait-and-see stance during that period. In the second half of the last fortnight, Polyester filament yarn market remained stable, after National holidays due to subdued demand from the downstream market in the Chinese domestic market. Downstream buyers were still cautious and remained at the sidelines amid unclear market fundamentals during the same period. Propylene In the beginning of the last fortnight in AsianPET Chips market, selling offers for Propylene went down due to weak demand sentiments, coupled withPET Chips prices remained stable due to National bearish trend in downstream markets. Propyleneholidays in China. Polyester chip market was price declined in European market due to poorclosed in the Chinese domestic market during first upstream energy in market and sluggish demandhalf of the last fortnight. PET bottle grade chip sentiments in the region. In the beginning of theexport market remained stable. PET Chips prices last fortnight, Propylene price opened with acontinued to follow a stable trend due to subdued stable sentiment. In Asian market, selling offersdemand from the downstream market. for Propylene were under pressure asDownstream buyers were still cautious and downstream players started destocking theirpurchased on need-to-basis amid weak market products due less demand in the market.fundamentals. PET bottle grade chip exportmarket moved up slightly in line firm feedstock


Acrylonitrilemarket. In the beginning of the first half of the last fortnight, selling offers for ACN opened with a range bound sentiment. ACN producers came up with a huge optimism, but stock piled up, damaged the sentiment. In European market, ACN prices declined due to weak feedstock market. In the second half of the last fortnight, selling offers for ACN declined with the help of ease of availability and poor feedstock prices. In Asian market, ACN price declined due to unfavourable market fundamentals in textiles as well as in plastic markets.Polyester Staple FibrePolyester staple fibre market remained stable inthe Chinese domestic market during the first halfof the last fortnight. Polyester staple fibre priceswent down marginally after the holidays, whichmoved up later in line with the firm feedstockmarket in the Chinese domestic market. Marketsentiment remained cautious and warmed up dueto firm support from the feedstock market.Producers reported some inventory pressure anddownstream buyers were still cautious andpurchased hand-to-mouth during the same Acrylic Staple Fibreperiod. ASF market remained steady due to NationalPolyester Filament Yarn Holidays in the first half of the last fortnight. Overall, transaction remained flat andPolyester filament yarn market remained stable downstream buyers kept wait-and-see stanceduring the first half due to ongoing National (October 01 – 15, 2012) • Presented by www.fibre2fashion.comduring the same period. ASF prices continued to tandem with the firm energy prices and robustfollow a stable trend amid subdued demand from demand from the downstream market.the downstream market. Trading activitiesremained thin and downstream buyers mainly Caprolactampurchase on hand-to-mouth in small volume.Acrylic staple fibre market was under pressure as In the first of the last fortnight, selling offers forfeedstock market softened coupled with sluggish CPL remained stable due to bearish demand fromdownstream demand towards the end of the the downstream. By the end of the last fortnight,fortnight. CPL prices remained stable as downstream buyers were still cautious and kept wait-and-see stance amid unclear market fundamentals. CPL market continued to follow a stable trend in Asian market due to lack of demand from the downstream market and unfavorable market fundamentals. Market participants were cautious about uncertain environment in the Chinese domestic market and export markets.PolypropyleneIn the last fortnight in Asian market, selling offersfor PP gradually improved due to moderatedemand sentiments, coupled with need to basebuying in the downstream markets. In the earlylast fortnight, PP prices opened with stablesentiment due post National Day holiday, due towhich buying momentum in Chinese market Nylon Chipsremained moderate. PP prices declined inEuropean market due to weak market During the first half of the last fortnight, Nylonfundamental and sluggish regional buying trends. chips market opened with stable trend. By the end of the first half of last fortnight, market fundamentals remained moderate, while market sentiment remained dull due to long National holidays in China in early October. In the second half of the last fortnight, price of Nylon Chip firm over the optimistic market outlook and robust feedstock prices. By the end of the last fortnight, market fundamentals remained moderate, while market sentiment remained dull due to poor transaction volume. Nylon Filament Yarn Nylon filament yarn market followed a stable trend due to ongoing National holidays in the ChineseBenzene domestic market. Trading sentiments remained flat and downstream buyers kept sideline stanceIn Asian market, Benzene opened with the firm during the period. Nylon filament yarn prices wentsentiment, which declined due to poor demand in up after the holidays in Chinese domestic market;downstream market. Prices went down on the however demand from the downstream marketback of a fall in benzene prices in Europe and remained subdued. Overall, Nylon filament yarnU.S.A market. Benzene prices in U.S.A market market remained stable amid weak tradingremained firm due to tight supply in the region sentiments and lackluster buying momentumand assessed in upstream value. Benzene price towards the end of the last fortnight.went up in the second half of the last fortnight in (October 01 – 15, 2012) • Presented by www.fibre2fashion.com producers stopped their production due to holidays. Viscose filament yarn market weakened in the Chinese domestic market due to subdued demand and weak market fundamentals. Viscose filament yarn producers reported high inventory pressure during the second half of the last fortnight. Spandex In the first half of the last fortnight, selling offers for Spandex remained steady as market opened with optimistic fundamentals. Demand for Spandex yarn remained stable as operationalCotton Linters & Pulp level of downstream weaving plant remained unchanged. In the beginning of the second half ofIn cotton linter market, overall prices remained the


last fortnight, Spandex offers remainedstable due to National Holidays. Trading unchanged despite off poor trading volume.sentiment remained flat as the market was closed Spandex market remained uncertain asin the Chinese domestic market. Imported downstream demand was moderate and thereDissolving pulp market remained sluggish due to was bearish tone in allied yarn markets.subdued demand from the downstream plants. InCotton linter market, prices went down after CottonNational day holidays, due to weak demand fromthe downstream buyers. Most of the suppliers of International cotton market remained relativelyDissolving pulp did not release offers, as stable in during the first half of this last fortnight.downstream buyers were less interested to buy. China cotton prices kept stable due to National Holiday approaching. China domestic market wasViscose Staple Fibre closed during that period. International cotton market remained stable during the second half.Viscose staple fibre prices remained stable due to However the prices went down slightly towardsapproaching of National day holidays in the the end of the fortnight after USDA released latestChinese domestic market. Viscose staple fibre report. Overall trading activities remained quiet asmarket remained stable and trading activities downstream market were still cautious aboutwere flat as downstream buyers kept sideline market outlook.stance during the first half of the last fortnight.Viscose staple fibre prices continued to remain Woolstable in the Chinese domestic market afterholidays, due to unclear market fundamentals. During the first half of the last fortnight, WoolViscose staple fibre market is expected to remain prices went down in Australia. Buyers for Chinastable-to-weak in the short run amid weak market were dominant, followed by buyers for Europefundamentals and India. In New Zealand, the Wool Services International crossbred Indicators were mixed,Viscose Filament Yarn with fine crossbred fleece. Wool prices went up during the second half of this last fortnight inViscose filament yarn market remained stable Australia Buyers for China were dominant,amid National day holidays in the Chinese followed by buyers for Europe and India. It isdomestic market. Trading activities were flat and expected that Australian wool market will remainmarket sentiment remained lackluster. Some stable-to-soft in the coming fortnight. Contact us to get the complete latest issue of the report: Ms. Pinky Roshan Mobile: +91-990.994.1402 Email: pinky@fibre2fashion.com (October 01 – 15, 2012) Search

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