In China, liquid good offers were stable in the second week of April while solid goods offers fell US$30 a ton on the week.
Asian markers, the SE and FE markers gained US$10-20 a ton during the week.
Sinopec retained April contract for liquid goods while Fibrant (formerly DSM Nanjing) kept April nomination unchanged for liquid goods.
Caprolactum prices moved sideways that week on decent demand and recovering feedstock. Liquid caprolactum offers in spot market in China were quoted at a roll over while mainstream values for low?end solid goods were down. Prices for East European and Japanese goods were up on the week.
Downstream run rates at polymerization units were up and inventory level also rose to 6 days’ worth. Run rates at yarn makers were at closer to 80%, with inventory 26 days’ worth.
Courtesy: Weekly PriceWatch Report
In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…
In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.
Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…
Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…
Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…
In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…