Market Watch Synopsis of last (October 01-15, 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
During the first half of the last fortnight, selling
offers for Crude oil price went down due to rise in
U.S.A fuel inventories coupled with fall in U.S.A
equity indices. In the second half, selling offers for
Crude oil was volatile due to depreciating value of
the U.S.A dollar on the one hand and coupled
with reduction of sanctions on Iran. Brent crude
prices decreased on hopes that renewed
negotiations between Iran and western powers
are likely to lead to an easing of sanctions on the
Islamic Republic.
In the last fortnight, selling offers for PTA were
volatile in action. During the first half of the last
fortnight, selling offers for PTA declined in line
with unworkable costs of feedstock. PTA prices
slide down in Asian market, because of sluggish
buying trends in key markets like China due to
National Day holidays. During the second half of
the last fortnight, PTA market went through a
dead lock situation and hence, price did not
change much.
Naphtha
In the last fortnight, prices of Naphtha declined
mainly due to weak support from upstream
markets and weak cues from global economical
markets. In Asian market, outlook remained weak
as demand was hampered as Chinese region was
celebrating the National Day holidays. During the
second half of the last fortnight, Naphtha prices
surged due to bullish buying sentiments coupled
with expected multiple plant outages in the same
season.
Ethylene
In the beginning of the first half of the last
fortnight, Ethylene prices followed mixed
sentiment due to weak margins in downstream
market. During the first half of the last fortnight,
selling offer for Ethylene surged in Asian market
where as in European and U.S.A market,
Ethylene prices declined. In the second half,
Ethylene prices increased in Asian markets due to
improved buying sentiments coupled with tight
product availability and with optimistic buying
support from Chinese markets.
Paraxylene
Monoethylene Glycol
In the last fortnight, selling offers for PX declined.
In the beginning of the first half of last fortnight,
selling offers for PX went down in the Asian
market, due to plunge in upstream energy value
coupled with dull buying sentiments owing to lack
of absence of Chinese buyers. In the early
second half of the last fortnight, PX prices surged
in Asian market, which was triggered by higher
upstream energy value coupled with gain in
feedstock prices.
In the last fortnight, MEG selling offers declined.
During the last fortnight, MEG prices went down
due to ample of regional availability, coupled with
weak downstream demand and sluggish regional
buying interest. In the second half of last fortnight,
MEG prices stayed steady due to firm energy
market. During the second half of the last
fortnight, MEG prices kept inert in Asian markets
due to improved upstream energy value coupled
with firm buying sentiments.
(Oct 1 - 15, 2013)

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Polyester Filament Yarn
Polyester filament yarn market presented a soft
outlook and prices remained stable due to
subdued demand from the downstream market in
the Chinese domestic market. Polyester filament
yarn prices stayed stable due to National Day
holiday approaching in the Chinese domestic
market during the first half. Polyester filament
yarn market presented a soft outlook and prices
went down due to subdued demand from the
downstream buyers in the Chinese domestic
market.
PET Chips
Propylene
PET chips market presented a modest outlook
and prices remained stable due to subdued
demand from the downstream market in the
Chinese domestic market during the first half.
PET chips 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 of this last fortnight.
PET chip prices declined due to unfavorable
market fundamentals during the second half.
In the last fortnight, selling offers for Propylene
was volatile in action. In Asian markets Selling
offers for Propylene price declined due to mute
buying interest in the region because of in key
markets like China, National Day holidays. In the
second half of the last fortnight, Propylene prices
declined. In the beginning of the second half of
the last fortnight, Propylene price plunged down in
Asian market due to weak upstream energy value
coupled with bearish buying sentiments in the
region.
Acrylonitrile
In the last fortnight, selling offers for ACN were
volatile action in global market. In the beginning of
the first half of last fortnight, ACN sellers
successfully drove the price higher in Asian
markets due to tight product availability. In the
second half of the last fortnight, ACN prices
opened with volatile action. During the second
half of the last fortnight, ACN prices increased
due to improved the buying sentiment coupled
with limited availability.
Polyester Staple Fibre
Polyester staple fibre prices remained stable due
to sluggish demand in the Chinese domestic
market amid National Day Holidays approaching
during the first half. Polyester staple fibre prices
presented a soft appearance and prices went
down due to subdued demand from the
downstream market in the Chinese domestic
market during the second half. Polyester staple
fibre prices went down due to unfavourable macro
economy outlook and weak support from the
downstream buyers during the period.
(Oct 1 - 15, 2013)

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Acrylic Staple Fibre
Acrylic staple fibre market presented soft outlook
and prices remained unchanged due to moderate
demand from the downstream buyers in the
Chinese domestic market. Acrylic staple fibre
market presented soft appearance and prices
remained stable due to moderate demand from
the downstream buyers in the Chinese domestic
market during the second half. Acrylic staple fibre
USD based import market presented weak
performance as downstream buyers showed no
enthusiasm in buying during the period.
the first half. In the second half, Benzene market
improved and prices followed an upward trend
due to firm buying sentiments in the region during
the period. In the European market, Benzene
prices declined due to sluggish demand from the
downstream market and sharp drop recorded in
downstream values.
Caprolactam
CPL market presented modest outlook and prices
remained stable due to subdued demand from the
downstream
buyers
and
weak
market
fundamentals during the first half. During the
second half in Asia, CPL market remained firmed
due to tight product availability during the period.
CPL suppliers increased offer prices slightly
during the second half. On the other side,
downstream buyers showed limited interest in
buying and purchased on need-to-basis during
the second half.
Polypropylene
During the last fortnight, PP prices declined
marginally due to weak energy market. In the
beginning of the first half of the last fortnight, PP
prices firmed up in Asian market, in line with firm
feedstock price and energy market. During the
second half of the last fortnight, selling offers for
PP were volatile in action. In Asian market, selling
offers for PP showed mixed sentiment due to firm
energy market coupled with balanced market
fundamentals.
Nylon Chips
Price of Nylon Chips remained stable-to-firm
during the first half. In the early first half, demand
from the downstream was relatively weak due to
sluggish buying trends in key markets like China
due to National Day holidays. In the second half,
offers for Nylon Chip improved very slowly as
support for the market remained stable to firm.
During the second half, few of Nylon Chip
producers cut down their plant operational rate,
as well as their feedstock material turn costlier,
which motivated for a successful price hike.
Nylon Filament Yarn
Benzene
In Asia, Benzene market showed weak
performance and prices declined due to subdued
demand from the downstream buyers coupled
with the sluggish upstream energy market during
Nylon filament yarn market showed weak
appearance and prices remained stable due to
moderate demand from the downstream buyers in
the Chinese domestic market during the first half.
Nylon filament yarn prices remained unchanged
as downstream buyers gradually returned back
from the holidays during the second half of last
fortnight. In the USD based Asian markets, nylon
(Oct 1 - 15, 2013)

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filament yarn prices went up due to high
production cost.
Viscose Filament Yarn
Viscose filament yarn market presented modest
appearance and prices were relatively stable due
to moderate demand from the downstream
market in the Chinese domestic market. Viscose
filament yarn market remained dreary and prices
were relatively stable, as downstream buyers
were not actively participating during the second
half. Viscose filament yarn industry meeting was
held in Beijing to discuss about price increase
during the second half.
Spandex
Cotton Linters & Pulp
Cotton linter market presented soft appearance
and prices remained stable due to moderate
demand from the downstream cotton pulp market
in the Chinese domestic market. Imported
dissolving
pulp
market
showed
modest
performance and prices remained stable due to
moderate demand from the downstream market
during the first half. Cotton linter market showed
moderate appearance and prices remained stable
due to subdued demand in the Chinese domestic
market during the second half. Dissolving pulp
market showed soft outlook and prices were
relatively stable due to moderate demand during
the second half.
Viscose Staple Fibre
Viscose staple fibre market showed modest
appearance and prices remained stable due to
subdued demand from the downstream market in
the Chinese domestic market during the first half.
Viscose staple fibre market improved somewhat
after holidays but prices remained stable due to
moderate demand from the downstream market in
the Chinese domestic market during the second
half. Some VSF producers raised offer prices with
consideration of anti-dumping investigation
against imported pulp during that period.
In the beginning of the first half of the last
fortnight, Spandex offers opened at the same
level. In the first half, Spandex unit restarted
gradually and supplies got ease but wait-andwatch stance of buyer ruined the Spandex prices.
Selling offers for Spandex remained steady. In the
earlier part of the second half of the last fortnight,
Spandex offers opened at the same level, but with
the support of firm trading volume Spandex
sellers maintained stable prices.
Cotton
International cotton market followed an upward
trend initially, which moved down gradually
toward the end of the first half. International
cotton market improved in the early days of the
first half due to the possible influence of major
cotton belts from the typhoon, but prices declined
gradually affected by the shutdown of US
government during the first half. International
cotton market followed a downward trend due to
subdued demand from the downstream market
and weak market fundamentals during the second
half.
Wool
Wool market followed an upward trend in
Australia market during the first half of last
fortnight. Wool market followed an upward 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
(Oct 1 - 15, 2013)