Presented by www.fibre2fashion.

com


(J un 15 - 30, 2014)
Crude Oil

During the last fortnight, Crude oil prices went up
due to continuing tensions in Iraq. Crude oil price
increased due to Iraqi government forces and
ISIS militants continued their battle. US President
Barack Obama expressing his readiness to take
targeted actions against the militants and Iran
planning to support US in tackling the crisis have
raised fears of a civil war in the country. During
the second half, Crude oil prices declined due to
increase in crude inventory coupled with rise in
the value of U.S Dollar.

Naphtha

In the beginning of the first half of last fortnight,
Naphtha price increased mainly due to strong
demand from downstream market. Few plants
were shut due to planned outages and demand
from Chinese market remained firm. Naphtha
prices increased in Asian markets due to
improved downstream demand. In European
market, selling offers for Naphtha also increased
due to robust demand from petrochemical sector
and energy sector.



Paraxylene

In the first half of last fortnight PX prices went up.
In Asian market PX price went up on account of
short covering action witnessed in the region. PX
prices went up due to bullish upstream energy
values coupled with a sharp rise in feedstock
price. During the second half, PX price opened
with strong outlook and PX prices increased
significantly. PX prices increased in Asian market
during the second half due to limited product
availability in the region coupled with bullish
buying sentiments in the region.






Purified Terephthalic Acid

During first half of the last fortnight, selling offers
for PTA surged due to bullish feedstock prices
coupled with improved downstream demand. PTA
prices increased in Asian market, due to strong
upstream energy values. During the second half
of last fortnight, selling offers for PTA went up due
to strong outlook market. PTA prices increased in
Asian market due to limited product availability in
the region coupled with improving downstream
market.



Ethylene

During the first half of last fortnight Ethylene
prices increased in Asian market due to limited
product availability in the region as many plants
were shut down for maintenance. In the second
half, Ethylene prices increased due to strong
outlook. In Asian market, Ethylene prices
increased due to firm energy market coupled with
bullish buying sentiments in the region. Ethylene
prices surged in European market, due to bullish
downstream energy value and firm demand in the
region.

Monoethylene Glycol

During the first half of this last fortnight MEG
prices surged due to strong outlook market. In
Asian markets, MEG prices increased due to
improved buying sentiments coupled with limited
product availability in the region. In the second
half of last fortnight, MEG price increased. In
Asian market MEG prices increased during the
second half of the last fortnight due to increased
raw material values and bullish buying sentiments
in the region.



Presented by www.fibre2fashion.com


(J un 15 - 30, 2014)


PET Chips

PET chips market presented a firm appearance
as prices went up due to robust demand from the
downstream buyers in the Chinese domestic
market during first half of the last fortnight.
Polyester chips market moved up in tandem with
firm feedstock market and favourable market
fundamentals during first half. PET fibre chips
market continued to follow an upward trend due
firm feedstock market in the Chinese domestic
market during the second half.



Polyester Staple Fibre

Polyester staple fibre market improved and prices
went up due to firm feedstock market in the
Chinese domestic market during the first half.
Polyester staple fibre prices inched up due to
good support from the downstream buyers
coupled with firm feedstock market during the first
half. Polyester staple fibre market presented
modest outlook and prices remained stable due to
moderate support from the downstream buyers in
the Chinese domestic market during the second
half.







Polyester Filament Yarn

Polyester filament yarn market followed an
upward trend and prices went up due to firm
feedstock market in the Chinese domestic market.
In spite of sluggish demand from the downstream
buyers, Polyester filament yarn prices went up
due to firm feedstock market during the first half.
Polyester filament yarn market improved and
prices went up but due firm feedstock market but
demand from the downstream buyers softened in
the Chinese domestic market during the second
half.

Propylene

Propylene prices went up due to higher energy
value coupled with robust regional buying
sentiments. Propylene price surged in Asian
market, kept steady in U.S.A market and
decreased in European market during the first
half. Propylene prices were increased in Asian
market and European market while it kept steady
in U.S.A market during the second half. Selling
offers for Propylene increased in Asian market
due to firm upstream energy value coupled with
bullish buying sentiments in the region.

Acrylonitrile

During the first half, selling offers for ACN
increased due to strong outlook market and
favourable market fundamental. In Asian markets,
ACN price increased due to limited product
availability in the region coupled with bullish
downstream demand in the region. In the second
half ACN prices increased further due to
continued downstream demand and limited
product availability in the region. In European
market, selling offers for ACN increased due to
bullish demand in the region coupled with higher
feedstock prices.







Presented by www.fibre2fashion.com


(J un 15 - 30, 2014)
Acrylic Staple Fibre

Acrylic staple fibre market fluctuated and prices
remained stable due to subdued demand from the
downstream buyers in the Chinese domestic
market. Acrylic staple fibre market showed
modest outlook and prices were relatively stable
due to lack of support from the downstream
buyers and weak market fundamentals during the
first half. Acrylic staple fibre market showed
modest outlook and prices remained stable due to
subdued demand from the downstream buyers in
the Chinese domestic market during the second
half.



Polypropylene

PP market increased in the Asian and European
market while declined in U.S.A market during the
first half. During the first half, PP prices increased
in Asian market due to firm feedstock values
coupled with improved downstream demand in
the region. During the second half, PP price kept
inert in Asian market and European market while
declined in U.S.A market. In Asian market, PP
prices kept stable and opened without any
change from previous week due to mute buying
sentiments in the region.



Benzene

In Asia, Benzene market improved and prices
went up due to robust buying sentiments from the
downstream buyers coupled with the firm energy
value during the first half. In the Europe market,
Benzene prices moved up due to firm buying
momentum witnessed in the region. In the second
half of last fortnight, Benzene prices followed an
upward trend due to improved buying sentiments
in the regions during the second half.

Caprolactam

CPL market followed a soft outlook and prices
remained stable due to subdued demand from the
downstream buyers during the first half. CPL
market remained mediocre as downstream
buyers showed limited buying intentions amid
weak market fundamentals during that period.
During the second half in Asia, CPL market
continued to stable trend due to firm feedstock
market during the period. CPL suppliers were
unwilling to sell goods at low prices during that
period.



Nylon Chips

In the last fortnight, selling offers for Nylon chips
prices declined due to pessimistic market
fundamentals. In the beginning of last fortnight,
trading activity was weak with very few deals
being closed. In the second half of the last
fortnight, selling offers for Nylon chips opened
with stable sentiment. During the second half of
the last fortnight, Nylon chips market remained
moderate as selling offers remained range bound
in Asian markets.

Nylon Filament Yarn

Nylon filament yarn market showed modest
outlook and prices remained stable due to
subdued demand from the downstream buyers in
the Chinese domestic market during the first half.
Nylon filament yarn prices were relatively stable
as downstream buyers showed limited intentions
in buying and stayed away from the market during
the first half. Nylon filament yarn market
continued to maintain a soft outlook and prices

Presented by www.fibre2fashion.com


(J un 15 - 30, 2014)
remained stable due to sluggish demand from the
downstream market in the Chinese domestic
market.



Cotton Linters & Pulp

Cotton linter market showed modest performance
and prices remained stable 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 showed weak appearance and
prices remain stable due to subdued demand
from the downstream market in the Chinese
domestic market during the second half. Imported
dissolving pulp market continued to present soft
outlook and prices were relatively stable due to
subdued demand from the downstream buyers
during the second half.

Viscose Staple Fibre

Viscose staple fibre market showed fluctuation
and prices remained stable due to moderate
demand from the downstream buyers during the
first half. Viscose staple fibre market continued to
maintain a soft trend and prices remained stable
due to subdued demand from the downstream
market in the Chinese domestic market during the
second half. Viscose staple fibre market
maintained a weak tone as downstream buyers
showed low buying indications and kept sideline
stance during the second half.

Viscose Filament Yarn

Viscose filament yarn market presented modest
outlook and prices remained stable due to
subdued demand from the downstream buyers in
the Chinese domestic market. Viscose filament
yarn market remained weak and prices were
relatively stable as downstream buyers were
cautious and showed limited intentions in buying
during the second half. Viscose filament yarn
producers kept stable offer prices during the
period. On the other side, downstream buyers
were less optimistic and replenished goods on
hand-to-mouth in small volume during second
half.

Spandex

In the last fortnight, Spandex prices declined
marginally due to bearish market sentiments. The
Spandex market witnessed weak trading
activities. Prices reduced on account of easing of
the tight Spandex supply in the market and less
demand from the downstream market. During the
second half, Spandex price declined in Chinese
domestic market while kept steady USD market.
In the second half, deadlock continued in
Spandex market and prices remained unchanged.

Cotton

International cotton market showed soft
performance and prices remained range bound
due to lackluster trading activities and unclear
market outlook during the first half. China cotton
market remained mediocre and prices remained
stable due to subdued demand from the
downstream buyers during the first half. In India,
Cotton market maintained a weak tone and prices
went down due to sluggish demand from the
downstream buyers and dull trading activities
during the first half. International cotton market
followed a downward trend and prices declined
due to subdued demand from the downstream
buyers and weak market fundamentals during the
second half.

Wool

Wool followed a downward trend in Australia
market during the first half of last fortnight. Wool
continued to follow a downward trend in Australia
market during the second half of last fortnight.





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

Ms. Pinky Roshan
Mobile: +91-990.994.1402
Email: pinky@fibre2fashion.com