Falling crude oil sets nylon chain on a freefall

Related Keywords: Benzene price, caprolactum price, crude oil price, nylon chip price, nylon filament price, Nylon price, Nylon yarn price, polyamide chip price

Mumbai
Falling crude oil sets nylon chain on a freefall
Summary: 
The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since they were at their yearly peak in May-June. The plunge was triggered by the rapidly falling crude oil prices where in benzene, a refinery product – is closely linked. Caprolactum, a nylon fibre

The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since they were at their yearly peak in May-June. The plunge was triggered by the rapidly falling crude oil prices where in benzene, a refinery product – is closely linked. Caprolactum, a nylon fibre intermediate, is derived from benzene via cyclohexane. Nylon chip, nylon fibre and nylon filament yarn are derived from caprolactum. Thus, the final product costing depends on the movement in crude oil and thereby, benzene markets.

yarnsandfiber.com
0

Nylon yarn makers enjoying increased margins despite soft pricing

Related Keywords: benzene prices, caprolactam price, nylon chip price, nylon filament price, Nylon prices, Nylon yarn price, polyamide chip price

Mumbai
Nylon yarn makers enjoying increased margins despite soft pricing
Summary: 
Increasing supplies of crude oil from North American shale formations continued to weigh heavily on prices this year, creating a glut in world markets and decreasing demand for oil from the Organization of the Petroleum Exporting Countries. OPEC forecast that its market share would be 5 percent lower by 2018 as shale supplies continued to increase faster than demand. However, OPEC Secretary-General Abdullah al-Badri believes that the 12-member cartel, which pumps a third of the world's oil, prices would recover next year.

Increasing supplies of crude oil from North American shale formations continued to weigh heavily on prices this year, creating a glut in world markets and decreasing demand for oil from the Organization of the Petroleum Exporting Countries. OPEC forecast that its market share would be 5 percent lower by 2018 as shale supplies continued to increase faster than demand. However, OPEC Secretary-General Abdullah al-Badri believes that the 12-member cartel, which pumps a third of the world's oil, prices would recover next year.

Yarnsandfibers.com
0

Off-season and costlier raw material squeezes nylon making

Related Keywords: benzene market, Benzene price, benzene prices, caprolactum market, caprolactum prices, nylon market, nylon price in China, nylon price in Europe, nylon price in USA, Nylon yarn price, polyamide chip price

Mumbai
Off-season and costlier raw material squeezes nylon making
Summary: 
Nylon filament makers in Asia have been facing dual challenges in recent times. On one hand raw material cost has been galloping while on the other hand, demand is shrinking at an equal speed. This, nylon makers says, is squeezing their margins and thus they have to resort to production control, as a strategy to support even the current price levels.
0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
Development of advanced wearable technology by Haydale  
  14 Nov , 2018 Read full story  
Gelvenor takes home the gold for textile innovation  
  14 Nov , 2018 Read full story  
SKAPA prize, the prestigious innovation award for Joakim Staberg  
  14 Nov , 2018 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button