Market Watch Synopsis of last (December 15-31, 2013) which contain details of Crude Oil, Naphtha, Purified Terephthalic Acid, Ethylene, Paraxylene, Monoethylene Glycol, Polyester Filament Yarn etc are discuss in the doc just go through it which is presented by fibre2fashion.

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Crude Oil
Purified Terephthalic Acid
In the beginning of first half of the last fortnight,
selling offers for Crude oil prices surged due to
resumption of oil export terminals in Libya that
has been delayed coupled with decline in the
value of U.S.A dollar. During the second half of
last fortnight, selling offers for Crude oil, prices
increased due to gains in U.S.A equity indices.
The rise in prices was prompted by positive data
emerging in the U.S.A market. Crude oil prices
increased after the U.S.A Labor Department
stated that initial jobless claims in the U.S.A fell.
In the beginning of the last fortnight, PTA prices
opened with steady sentiments as regional buying
sentiment was muted due to poor energy in
market and bearish buying trend. During the
second half, selling offers for PTA remained
steady. During the second half of the last
fortnight, selling offers for PTA increased
marginally in Asian market due to increased in
feedstock prices. In the European and U.S.A
markets selling offers for PTA maintained steady
trend due to mute buying sentiments.
Naphtha
In the last fortnight global Naphtha price
increased on the back of optimistic market
fundamentals. During the first half of the last
fortnight, Naphtha price increased in Asian market
due to amid quick demand and tight supply. In the
second half of the last fortnight, selling offers for
Naphtha prices increased. In Asian market,
selling offers for Naphtha opened with surge due
to improved downstream demand and strong
plastic demand. Somehow, it maintained the
selling price above the opening level.
Ethylene
In the last fortnight, prices of Ethylene surged due
to firm energy market. During the first half of the
last fortnight, Ethylene prices increased in Asian
market due to bullish buying sentiments in the
region coupled with tight product availability. In
the second half of the last fortnight, Ethylene
continued to increase. In Asian market, selling
offers for Ethylene went up due to tight product
availability in the region supported the sharp price
surged.
Monoethylene Glycol
Paraxylene
In the last fortnight PX prices kept steady in global
market. During the first half of the last fortnight,
PX price went through fluctuations but was
stabilized in Global markets due to poor feedstock
prices and weak support from downstream
demand. In the second half of the last fortnight,
PX prices went down due to soft buying
sentiments. In Asian markets, selling offers for PX
plunged due to soft demand. In Chinese
international markets, selling offers for PX
remained steady.
In the last fortnight price of MEG went down in the
global market due to unfavorable market
fundamentals. In Asian markets MEG prices
declined due to weak buying sentiments coupled
with plunged feedstock rates. During the second
half, selling offers for MEG remained steady in
global market. During the second half of the last
fortnight, selling offers for MEG opened with
steady sentiments without any change in Asian
market due to muted ahead of the yearend
holidays.
(Dec 15 - 31, 2013)

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Polyester Filament Yarn
Polyester filament yarn market presented soft
outlook and prices remained stable due to
subdued demand from the downstream market in
the Chinese domestic market. Polyester filament
yarn prices declined initially, which stabilized
towards the end of the first half due to weak
market fundamentals and lack of support from the
downstream buyers. Polyester filament yarn
market prices were relatively stable due to weak
demand from the downstream buyers and
unfavourable market fundamentals during the
second half.
PET Chips
PET chips market presented soft outlook and
prices remained stable due to subdued demand
from the downstream market in the Chinese
domestic market during the first half. PET bottle
grade chips export market weakened due to
sluggish demand from the downstream buyers
during the period. PET fibre chips market
presented a firm appearance and prices remained
stable due to tight supply and sluggish demand
from the downstream buyers in the Chinese
domestic market during the second half of this
last fortnight.
Propylene
In the last fortnight, prices of Propylene
increased. As such selling offers for Propylene
prices increased in Asian market due to tight
product availability and firm energy in market. In
the last fortnight price of Propylene was stable
mainly due to steady supply and firm demand
fundamental. During the second half of the last
fortnight, selling offers for Propylene in Asian
market followed a steady trend due to good
support by downstream demand coupled with
improved buying sentiment.
Acrylonitrile
In the last fortnight, selling offers for Acrylonitrile
increased. In the early last fortnight, ACN price
increased in Asian market due to tight supply. In
the European market, selling offers for ACN
market maintained steady trend due to mute
buying sentiments. In the early second half of last
fortnight, ACN prices remained steady. In Asian
markets, selling offers for ACN surged due to
optimistic market fundamentals. In the U.S.A
market, selling offers for ACN were unchanged.
Polyester Staple Fibre
Polyester staple fibre showed soft appearance
and prices remained stable due to subdued
demand from the downstream market in the
Chinese domestic market during the first half.
Majority of polyester staple fibre producers
offered discount during that period. On the other
side, downstream buyers were still cautious and
kept wait-and-see stance. Polyester staple fibre
market presented a soft outlook and prices
remained stable due to sluggish demand from the
downstream market in the Chinese domestic
market during the second half.
(Dec 15 - 31, 2013)

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Acrylic Staple Fibre
Acrylic staple fibre market remained range bound
and prices remained stable due to moderate
demand from the downstream buyers in the
Chinese domestic market. Acrylic staple fibre
downstream demand remained moderate and
failed to improve as downstream buyers refilling
stocks moderately amid Year end approaching
during that period. Acrylic staple fibre market
showed firm appearance and prices remained
stable due to moderate demand from the
downstream buyers in the Chinese domestic
market during the second half.
the first half. Benzene market improved in the
global market due to robust buying sentiments,
and firm market fundamentals during the first half.
In the second half, Benzene market presented
soft outlook and prices remained stable due to
subdued demand from the downstream buyers
coupled with weak market fundamentals during
the second half.
Caprolactam
CPL market presented soft outlook and prices
remained stable due to subdued demand from the
downstream buyers during the first half. CPL
suppliers pushed to increase prices due to cost
pressure during the first half. During the second
half in Asia, CPL market presented modest
appearance but prices went up due to tight
product availability during that period. CPL market
continued to remain bearish, as market
participants were less optimistic about market
outlook towards the end of the second half.
Polypropylene
In the last fortnight, selling offers for PP followed
a mix sentiment in global market due to correction
in feedstock prices. During the first half of the last
fortnight, selling offers for PP Raffia declined in F
E Asian market. In the second half, PP price was
stable. Market speculators kept their offers stable,
as demand was slow and not exceeding supply
side, similarly traders were not active in the
market and adopted stance of wait and watch for
future market.
Nylon Chips
In the first half, selling offers for Nylon Chip
increased. In the early last fortnight, Nylon Chip
prices opened with firm sentiment with the
support of robust feedstock prices. In Chinese
market, demand for high speed spinning semi dull
textile grade Nylon Chip improved as inventories
with the downstream consumer declined. In the
second half, selling offers for Nylon Chip firmed
up with the help of demand. Nylon Chip market
turned warmer due to optimistic market
fundamentals.
Nylon Filament Yarn
Benzene
In Asian market, Benzene market prices went up
due to robust buying sentiments in the regions
coupled with firm upstream energy value during
Nylon filament yarn market presented modest
performance and prices remained stable due to
moderate demand from the downstream buyers in
the Chinese domestic market during the first half.
Nylon filament yarn market maintained a soft
outlook and prices remained stable due to
subdued demand from the downstream market in
(Dec 15 - 31, 2013)

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the Chinese domestic market in the second half.
Nylon filament yarn market showed no sign
improvement amid bearish market sentiments
during the second half.
Viscose Filament Yarn
Viscose filament yarn market showed weak
appearance and prices remained stable due to
subdued demand from the downstream in the
Chinese domestic market in the first half. Viscose
filament yarn market consolidated slightly and
prices were relatively stable due to lack of support
from the downstream buyers and weak market
fundamentals. Viscose filament yarn trading
sentiments remained lackluster and buying
activities were scarce during the second half.
Spandex
Cotton Linters & Pulp
Cotton linter market maintained consolidation due
to lack of support from the downstream buyers
and unfavourable market fundamentals in the
Chinese domestic market during the first half.
Imported dissolving pulp market presented soft
outlook and prices remained stable due to
subdued demand from the downstream market
during the first half. Cotton linter market
presented soft outlook and prices were relatively
stable due to sluggish demand from the
downstream market in the Chinese domestic
market during the second half. Imported
dissolving pulp market showed firm appearance
and prices were relatively stable due to moderate
demand from the downstream buyers during the
second half.
Viscose Staple Fibre
Viscose staple fibre market showed weak
appearance and prices declined due to subdued
demand from the downstream buyers during the
first half. Viscose staple fibre market continued to
decline and prices went down due to subdued
demand from the downstream market in the
Chinese domestic market during the second half.
In the USD based export market, viscose staple
fibre prices remained stable but trading
sentiments remained dull.
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 first half, price
of Spandex remained unchanged, as Spandex
sellers did not provide any discount to active
buyers who cut their plant operational rate to
resist financial crisis. In the second half of the last
fortnight Spandex market opened with flat
sentiments despite of thin trading volume.
Cotton
International cotton market remained range bound
in narrow range due to moderate demand from
the downstream buyers and unfavourable market
fundamentals during the first half. In India, Cotton
market improved in tandem with firm demand
from the downstream buyers coupled with
favourable market fundamentals. International
cotton market edged up initially but towards the
end of the second half, market remained close
due to New Year holidays during the second half.
Global consumption is virtually unchanged, but
world import demand is reduced due mainly to
larger available supplies in India and Pakistan.
Wool
Wool market followed a downward trend in
Australia market during the first half of last
fortnight. Wool market remained closed amid
News year approaching in Australia, New Zealand
and South Africa 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
(Dec 15 - 31, 2013)