Polyester markets close 2018 on a weak note

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices in Asia, psf prices in China, psf prices in India, psf prices in Pakistan, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices, PX price

Mumbai
Summary: 
Polyester staple fibre (PSF) prices in December 2018 edged down in China and amid inactive buyers during year-end. In January 2019, producers may schedule turnarounds during the Spring Festival and thus may reduce supply in the market. Prices in

Polyester staple fibre (PSF) prices in December 2018 edged down in China and amid inactive buyers during year-end. In January 2019, producers may schedule turnarounds during the Spring Festival and thus may reduce supply in the market. Prices in India were down US cents 19 this month. In Pakistan, PSF offers were raised and hovered at high levels during the month.

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PTA, MEG prices on downswing in Asian markets

Polyester intermediate, purified terephthalic acid (PTA) prices in Asia fell in the week ended 16 November 2018 in tandem with weak paraxylene cost, however supply was relatively tighter in the week amid plant shutdowns.

The average plant run rate in China fell to 69% in the week. However, China's Honggang Petrochemical is planning to build a second PTA unit with 2.4m tons per year of capacity at its Lianyungang site.

In US, PTA prices were firm in the week. In Europe, PTA prices rolled over during the week.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Polyester markets faced downward pressure in June

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices, polyester yarn prices in Asia, psf prices, psf prices in China, psf prices in India, psf prices in Pakistan, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices, PX price, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Mumbai
Summary: 
Polyester chip (PET chip) prices in Asia slipped due to weak MEG prices amid dull trading atmosphere during the month. Offers for semi dull chips were down 4.1% and super bright chip dipped 4.7% on the month.

Ethylene prices in Asian markets inched up in June on expectations of increase in Chinese demand in the coming period. In Europe, spot ethylene prices rose sharply this month on cracker issues as maintenance was been conducted on the western portion of the ARG ethylene pipeline. In US, spot ethylene prices fell amid the recent restart of crackers after turnarounds and the start-ups of new capacity. Prices rose 4.2% from May in Asia while European spot inched up 1.9% on the month. US spot prices slipped 1.5% during the month.

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PTA prices trend up in Asia, Europe

Asian PTA prices, CFR China was up US$10 a ton in the third week of May 2018 while CFR Southeast Asia marker also rose US$10 a ton on the week. In China, offers for bonded goods inched up US$10 a ton and discussions for nearby month cargoes were heard US$5 less than the offer prices.

Purified terephthalic acid prices in Asia edged up that week despite slightly weak paraxylene cost. Since the processing margins have been recovered a bit and plants undertook maintenance, the upward trend of PTA market will now depend on the upstream energy market.

Related Keywords: Hanwha General Chem, paraxylene prices, PET prices, polyester chip prices, Polyester prices, PTA plants in China, pta price in China, pta price in US, PTA prices, PTA prices in Europe, PTA prices in South Korea, PTA producers in South Korea, purified terephthalic acid prices

Polyester market weakens in March, no support from upstream

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, polyester chip prices in China, polyester filament yarn prices, Polyester prices, polyester yarn prices, psf prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices, PX price, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Mumbai
Polyester market weakens in March, no support from upstream
Summary: 
Polyester staple fibre prices fell in China while demand was decent, leading to smooth liquidity. Prices in India were firm during the month. In Pakistan, PSF prices were revised up over a strong demand from the yarn producers and a new fall of the rupee.

Ethylene prices in Asian markets jumped in March supported by strong demand amid the heavy steam cracker turnarounds. In US, spot ethylene fell to a nine-year low on weak sentiment as production from new capacity has overtaken consumption amid downstream disruptions. European ethylene spot prices were almost flat for the month.

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PTA prices firm up in Asia

Asian PTA prices, CFR China and CFR Southeast Asia marker were both firm in the third week of January. In China, offers for bonded goods were up US$5 a ton during the week.

Purified terephthalic acid prices in Asia were stable to up that week on the back of firm upstream values. PTA market is likely to see weak correction in the coming week as demand weakened. However, since several major PTA units will undergo maintenance in February, together with strong cost support, PTA market will still hold strong capability to resist price drop.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA prices rise on increasing demand in Asia

Asian PTA prices were up US$15 a ton CFR China and CFR Southeast Asia in the first week of January. In China, offers for bonded goods were up US$10 a ton and discussions for nearby month cargoes were talked up on the week. Yisheng Petrochemical hiked its self-lifting price by US$10 from previous week while Hengli Petrochemical kept stable.

Purified terephthalic acid prices in Asia jumped this week on higher upstream values and growing demand.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

PTA prices stable to weak in Asia

In China, offers for bonded goods were down US$10 a ton in the second week of October. Yisheng Petrochemical lowered its self-lifting price by US$10 from last week while Hengli Petrochemical kept unchanged on the week. Purified terephthalic acid prices in Asia were stable to weak after the National Day holiday week in China as market fundamentals were largely unchanged supported by tight supply.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Rising crude sets polyester chain market on uptrend in September

Related Keywords: crude oil prices, Ethylene prices in Asia, Ethylene prices in Europe, ethylene prices in USA, European naphtha prices, meg prices in Asia, MEG prices in Europe, MEG prices in USA, Mono-ethylene glycol prices, naphtha prices, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, pfy price in China, pfy price in India, polyester chip prices in Asia, polyester filament yarn prices, polyester staple fibre prices, psf price in China, psf price in India, PTA prices in Asia, PTA prices in Europe, PTA prices in USA, purified terephthalic acid prices

Mumbai
Summary: 
Crude oil prices rose in September due to disruptions in US gulf coast aftermath Hurricane Harvey while geopolitical instability in Iraqi Kurdistan aided Brent to make its strongest third-quarter price performance since 2004. US crude prices jumped 4.2% on the month while Brent rose 7.6% as compared to

Crude oil prices rose in September due to disruptions in US gulf coast aftermath Hurricane Harvey while geopolitical instability in Iraqi Kurdistan aided Brent to register its strongest third-quarter price performance since 2004. US crude prices jumped 4.2% on the month while Brent rose 7.6% as compared to previous month’s average. For September, Asian spot naphtha prices were up 10.4% on the month.

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Asian PTA market defies price drop in upstream market

Asian PTA prices were up US$5 a ton CFR China and CFR Southeast Asia in the last week of September which ended on 29th September 2017. In China, offers for bonded goods were up US$5 a ton and discussions for nearby month cargoes were talked in that range. Yisheng Petrochemical raised its self-lifting price by US$5 from previous week while Hengli Petrochemical kept stable offers.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

 
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