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PriceWatch Report - 22 February 2015

Polyester Staple Fiber Price Trends
 
   
Polyester Filament Yarn Price Trends
 
   
Purified Terephthalic Acid Price Trends
 
   
Paraxylene Price Trends
 
   
Polyester Chips - Fiber Grade Price Trends
 
   
Monoethylene Glycol Price Trends
 
   
Ethylene Price Trends
 
Naphtha Price Trends
  Naphtha markets in Asia saw quieter trading activity amid public holidays across China and Singapore for the Lunar New Year. In the last trading week there was an upward momentum in naphtha market, fueled by healthy buying interest from petrochemical sector amid tight regional supply due to delays in arbitrage arrivals and lower exports from India.
     
Crude Oil Price Trends
  Crude oil prices ended the week on a mix note as the number of US rigs drilling oil fell far less than expected this week, while heating oil demand rose after severe winter cold crimped output at three refineries and prices jumped 6 per cent. Until two weeks ago, March WTI had the highest ever open interest for a front-month.
     
Wool Price Trends
  Wool prices fell back again this week on the Australian markets. The EMI gave back Aus cents 2 on to close the week at Aus$10.90. However, a stronger Aus$ pegged the EMI up US cents 6 in US$ terms at US$8.50 a kg. The best style and strength fine types from 16.5 / 18.0 micron continued to attract good competition for predominantly Italian interests while the best fine were around about similar levels but certainly less extreme.
     
Cotton Price Trends
  Cotton Futures ended the week up but was nearly flat after a choppy trading on Friday, as low certified stock levels blunted pressure from a US export sales report showing a sharp jump in cancellations. The most-active May cotton contract on ICE Futures settled at US cents 64.66 per pound, up US cents 1.34 from last week.

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