With over two decades of experience in gathering market intelligence, YnFx has endeavoured to foray into forecasting market trends to bring to the readers, its expertise and experience. YnFx has launched two reports which forecast market trends and prices in the polyester chain and nylon chain. These are crisp and precise reports, providing the price forecast for the immediate month and tentative estimates for the quarter and for the year-end. It provides description of the actual trends in the closing month and most likely prices for the ensuing month. The reports are released on every 5th of the month and is a must read for producers and suppliers for taking strategic decisions of buying, selling or holding. It is also of significance use to consulting companies, financial institutions, analysts, decision makers, strategic sourcing companies, market research analysts and core industry players
The report provides close to 75 price forecast in the polyester chain for three regions, namely Asia, USA and Europe. The report also contains objective analysis of the likely trends in the upstream, crude oil and naphtha through the downstream petrochemicals, fibre intermediates, chips, filament yarns and staple fibre.
HIGHLIGHTS
Asian paraxylene contract prices settlements for March were heard done at US$1,670 a ton CFR Asia by S-Oil as against the nomination of US$1,750 a ton CFR Asia. In MEG contracts, both MEGlobal and SABIC rolled over into March their February nominations at US$1,300-1,310 a ton while Shell followed.
With over two decade of experience in gathering market intelligence, YnFx, has endeavoured to foray into forecasting market trends to bring to the readers, its expertise and experience. YnFx has launched two reports which forecast market trends and prices in the polyester chain and nylon chain. These are crisp and precise reports, providing the price forecast for the immediate month and tentative estimates for the quarter and for the year-end. It provides description of the actual trends in the closing month and most likely prices for the ensuing month. The reports are released on every 5th of the month and is a must read for producers and suppliers for taking strategic decisions of buying, selling or holding. It is also of significance use to consulting companies, financial institutions, analysts, decision makers, strategic sourcing companies, market research analysts and core industry players
The report provides close to 45 price forecast in the nylon chain for three regions, namely Asia, USA and Europe. The report also contains objective analysis of the likely trends in the upstream, crude oil and naphtha through the downstream petrochemicals, fibre intermediates, chips, filament yarns and staple fibre.
HIGHLIGHTS
Caprolactum prices in USA fell significantly in February owing to two months of consistent fall in benzene values. In March, caprolactum is likely to fall further with benzene just stabilizing. European caprolactum, otherwise was dearer in December and January while February was still under negotiation. In March, the chances of caprolactum price going down are high going by the buyers’ speculation. Some price movement at the nylon filament yarn level is expected in March/April given the close to US cent 10 per pound rise in polymer pricing seen in February.
After the successful launch and positive market response for the Forecast Reports for Nylon and Polyester Chains, YnFx.com has decided to foray into forecasting the Global Cotton Markets, taking into consideration the growing demand for Market Intelligence for Cotton. These are crisp and precise reports, providing the price forecast for the immediate month and tentative estimates for the quarter and for the year-end. It provides description of the actual trends in the closing month and most likely prices for the ensuing month.
The reports are released on every 7th of the month and is a must read for producers and suppliers for taking strategic decisions of buying, selling or holding. It is also of significance use to consulting companies, financial institutions, analysts, decision makers, strategic sourcing companies, market research analysts and core industry players.
Highlights for March 2013
Cotton markets in next season will not only be governed only by the stock overhang. As planting in Northern Hemisphere approaches, farmers’ intentions will be closely monitored. The first survey of US planting intentions published recently showed a 27% potential decline in area sown. However, these are early intentions and the weather has a major impact on actual production. Unfortunately, some key cotton growing areas are still suffering from drought.
