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 Presented by  www.fibre2fashion.com ( Aug 1 - 15, 20 14) Crude Oil During the first half of the last fortnight, Crude oil price declined due to increase in oil exports from Iraq coupled with rise in the value of the US dollar. During the second half of last fortnight, Nymex Crude oil prices went down due to increase in U.S.A Crude and gasoline inventories resulted in the fall in prices. Crude oil prices went down during the second half triggered by the  American Petroleum Institute (API) stated that crude-oil inventories and gasoline inventories increased. Naphtha In the first half of the last fortnight, Naphtha prices declined in line with upstream energy market. Possible oversupply in market and high in-flow of deep-sea cargo of Naphtha compounded pressure on active sellers and favoured buyers who held their active buying. During the second half, Naphtha prices went down in global market because of weak energy market coupled with dull demand. In Asian market ample product supplies and weak demand were still putting pressure on the market. Paraxylene In the first half PX prices went down on account of bearish market sentiments. PX prices fell due to sluggish downstream demand coupled with ample supply in the market. The fall in the upstream energy values and downstream prices have also contributed to the price drop of PX in Asian market. During the second half, PX price went up due to strong market fundamentals. Prices increased due to the increasing feedstock prices coupled with the short covering activity in the region. Purified Terephthalic Acid During first half of the last fortnight, selling offers for PTA remained flat due to weak buying sentiments and sluggish downstream demand. In  Asian market PTA prices were steady during the first half due to lackluster demand and high inventory levels. During the second half, selling offers for PTA went up due to strong market sentiments. Rise in the feedstock prices led to an increase in PTA prices in the Asian market. In European market, selling offers for PTA remained stable. Ethylene During the first half of this last fortnight Ethylene prices surged marginally in Asian market due to improved downstream demand coupled with limited availability in the region. During the second half, Ethylene prices declined due to weak buying trends and sluggish demand for Ethylene in the market. The trading activity was also affected with very less number of deals being closed. In European market, Ethylene prices declined, due to bearish outlook and decline in the upstream prices in the region.  Monoethylene Glycol During the first half of this last fortnight, MEG prices remained stable due to mute buying sentiments. Weaker demand, adequate product supply coupled with poor feedstock prices had resulted in the stable of MEG prices. In the second half of last fortnight, MEG price increased due to strong market fundamentals. Limited product availability coupled with bullish buying trends led to a surge in the MEG prices in the  Asian region. 

Textile Market Watch Synopsis_Aug 17_14

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Market Watch Synopsis of last ( August 01 - 15, 2014 ) 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.http://goo.gl/LGR58j

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  • Presented by www.fibre2fashion.com

    (Aug 1 - 15, 2014)

    Crude Oil During the first half of the last fortnight, Crude oil price declined due to increase in oil exports from Iraq coupled with rise in the value of the US dollar. During the second half of last fortnight, Nymex Crude oil prices went down due to increase in U.S.A Crude and gasoline inventories resulted in the fall in prices. Crude oil prices went down during the second half triggered by the American Petroleum Institute (API) stated that crude-oil inventories and gasoline inventories increased. Naphtha In the first half of the last fortnight, Naphtha prices declined in line with upstream energy market. Possible oversupply in market and high in-flow of deep-sea cargo of Naphtha compounded pressure on active sellers and favoured buyers who held their active buying. During the second half, Naphtha prices went down in global market because of weak energy market coupled with dull demand. In Asian market ample product supplies and weak demand were still putting pressure on the market.

    Paraxylene In the first half PX prices went down on account of bearish market sentiments. PX prices fell due to sluggish downstream demand coupled with ample supply in the market. The fall in the upstream energy values and downstream prices have also contributed to the price drop of PX in Asian market. During the second half, PX price went up due to strong market fundamentals. Prices increased due to the increasing feedstock prices coupled with the short covering activity in the region.

    Purified Terephthalic Acid During first half of the last fortnight, selling offers for PTA remained flat due to weak buying sentiments and sluggish downstream demand. In Asian market PTA prices were steady during the first half due to lackluster demand and high inventory levels. During the second half, selling offers for PTA went up due to strong market sentiments. Rise in the feedstock prices led to an increase in PTA prices in the Asian market. In European market, selling offers for PTA remained stable.

    Ethylene During the first half of this last fortnight Ethylene prices surged marginally in Asian market due to improved downstream demand coupled with limited availability in the region. During the second half, Ethylene prices declined due to weak buying trends and sluggish demand for Ethylene in the market. The trading activity was also affected with very less number of deals being closed. In European market, Ethylene prices declined, due to bearish outlook and decline in the upstream prices in the region. Monoethylene Glycol During the first half of this last fortnight, MEG prices remained stable due to mute buying sentiments. Weaker demand, adequate product supply coupled with poor feedstock prices had resulted in the stable of MEG prices. In the second half of last fortnight, MEG price increased due to strong market fundamentals. Limited product availability coupled with bullish buying trends led to a surge in the MEG prices in the Asian region.

  • Presented by www.fibre2fashion.com

    (Aug 1 - 15, 2014)

    PET Chips PET chips market fluctuated and prices remained stable due to subdued demand in the Chinese domestic market during the first half. Polyester chips market maintained fluctuation due to firm feedstock market and weak downstream demand from the downstream buyers during the first half. PET fibre chips market presented soft outlook and prices remained stable due to sluggish demand from the downstream buyers in the Chinese domestic market during the second half.

    Polyester Staple Fibre Polyester staple fibre market followed a downward trend and prices went down due to subdued demand from the downstream buyers in the Chinese domestic market during the first half. In the USD based export market, prices for 1.4 Den PSF went down compared to last time due to sluggish demand from the downstream buyers. Polyester staple fibre market improved but prices remained stable due to moderate demand from the downstream buyers in the Chinese domestic market during the second half.

    Polyester Filament Yarn Polyester filament yarn market showed soft performance and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market. In spite of firm feedstock market, PFY prices remain were relatively stable as downstream buyers showed no high buying indications and kept sideline stance during the first half. PFY market maintained a soft outlook and prices remained stable due to subdued demand from the downstream market in the Chinese domestic market during the second half. Propylene During the first half, selling offers for propylene prices declined due to weak upstream energy values coupled with bearish buying trend in the region. In Asian markets, Propylene price declined due to weak demand from downstream market coupled with unfavorable market fundamental. In the second half, Propylene prices opened with downward trend in the global market. In Asian market selling offers for Propylene prices went down due to bearish buying sentiments coupled with poor feedstock prices. Acrylonitrile In the first half of the last fortnight, ACN prices surged due to bullish market sentiments. There was considerable improvement in the buying sentiments which led to the rise in demand for ACN in the market. Increasing demand coupled with tight supply led the ACN prices to head northwards. In the second half ACN prices increased further due to improved buying trends. ACN prices increased due to increased demand and tight supply of the product in the Asian market.

  • Presented by www.fibre2fashion.com

    (Aug 1 - 15, 2014)

    Acrylic Staple Fibre Acrylic staple fibre market showed modest outlook and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market. Acrylic staple fibre market sentiments remained lacklustre and trading activities were thin 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 During the last fortnight, selling offers for PP opened with steady sentiments and increased marginally by the end of the last fortnight. In the second half of last fortnight, PP price increased marginally in Asian market and kept inert in European and U.S.A market. In Asian market, PP prices surged due to firm buying sentiments. In European market, selling offers for PP kept unchanged due to unfavorable market fundamental.

    Benzene In Asia, Benzene market showed a downward trend and prices declined due to ample of product availability in the region coupled with weaker downstream demand during the first half. In the

    Europe market, Benzene prices declined due to weak downstream demand coupled with unfavourable market fundamental, together pushed prices lower in the region. In the second half, Benzene market increased due to bullish buying sentiments in the regions coupled with improved downstream demand in the region. Caprolactam CPL market showed a firm performance and prices went up due to robust demand from the downstream buyers during the first half. CPL market recovered and prices inched up as downstream buyers showed modest intentions in buying and replenished stocks during the first half. CPL market presented soft outlook and prices remained stable due to subdued demand from the downstream buyers during the second half. Majority of CPL suppliers were unwilling to release offers during that period, while others kept stable offer during the second half.

    Nylon Chips In the last fortnight, prices of Nylon chips increase on account of strong market sentiments. Demand for the product was firm and hence there were high trading activities. The downstream market reported firm demand. During the second half of the last fortnight, Nylon chips prices remained steady due to sluggish demand and steady feedstock market. In the second half of the last fortnight, demand for Nylon chips remained weak, with sluggish trading activity. 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. NFY market maintained weak tone

  • Presented by www.fibre2fashion.com

    (Aug 1 - 15, 2014)

    and prices were relatively stable due to lack of support from the downstream buyers and unfavourable market fundamentals during the second half.

    Cotton Linters & Pulp Cotton linter market showed firm appearance but prices remained stable due to sluggish demand from the downstream buyers in the Chinese domestic market. Imported dissolving pulp market showed soft outlook and price remained stable-to-soft due to subdued demand from the downstream market during the first half. Cotton linter market continued to maintain a weak outlook 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 presented 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 presented firm stance but prices were remain stable due to subdued demand from the downstream buyers during the first half. Viscose staple fibre market softened and prices were relatively stable as downstream buyers showed limited intentions in buying and stayed away from the market during that period. Viscose staple fibre market continued to weak performance and prices remained stable due to subdued demand from the downstream market in the Chinese domestic market during the second half.

    Viscose Filament Yarn Viscose filament yarn market remained moderate and prices were relatively stable due to lack of support from the downstream buyers and weak market outlook during the first half. In the second half, VFY market continued to maintain a soft performance and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market. VFY market maintained a weak consolidation and prices were relatively stable due to lack of support from the downstream buyers during the second half. Spandex In the last fortnight, Spandex prices went down due to weak market sentiments. The Spandex market observed weak trading activities. Prices reduced on account of easing of the tight Spandex supply in the market and less demand from the downstream market. There were less trading activities in the market. In the second half, Spandex prices remained to steady. During the entire fortnight, traders were cautious for any further purchased which lead to weak trading activity. Cotton International cotton market showed stable outlook and prices kept inert due to firm demand from the downstream market coupled with less cotton supply and demand during the first half. In India, Cotton market went down with the support of standing crop favourable rainfall. 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 market increased in Australia market during the first half of last fortnight. Wool market followed a downward trend in Australia market during the second half of last fortnight.

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