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2015-06-23 06:54:17
Asian MEG markets undergo correction, fundamentals stable in US and Europe
Asian mono ethylene glycol markets were under correction in the week ended 12 June from its earlier bullish week as players were mulling over the waning polyester demand and reduced operating rates
2015-06-15 16:55:00
Sluggish trend continues in polyester as markets seek direction
Ethylene market was assessed flat as sluggish trading continued but prices were up in the week ended 12 June 2015 and the diverge trend continued between NE and SE Asia. European spot prices fell as
2015-05-25 11:43:08
Viscose markets facing strong downward pressure as supply expands
Asian viscose fibre markets witnessed strong downward pressure from both expanding supplies and season lull in downstream textile industry. Thus prices softened partially. In China, bearish stance
2015-05-22 07:17:46
Polyester chain pricing is under weak correction
Asian ethylene prices stayed flat amid weak PE market and turnarounds. Polyethylene prices were seen softening on a combination of weaker LLDPE futures, tapering agricultural demand and falling
2015-05-19 00:00:00
Asia ethylene-naphtha spread jumps back to June Levels, Europe follows
In April 2015, Asian ethylene-naphtha spread hit a record high amid bullish ethylene markets. The spread jumped US$193 during the month on an average as ethylene prices were under pressure of tight
2015-04-11 12:00:00
Pakistan likely to witness rising cotton import trend by next season
Cotton imports of Pakistan are likely to rise per the figures of the US Department of Agriculture bureau in Islamabad which predicts an import of 2.0m bales of cotton in 2015-2016, the highest in 8
2015-04-10 11:30:00
Polyester pricing may see hikes in April and May, but fall later
Everything in synthetic fibre markets, especially polyester, has been revolving around crude oil price, and hence the US$. The first signs of policy change in US, expectation of a hike in interest
2015-03-10 18:03:00
Chemical fibres feedstock become costlier on demand supply imbalance
Crude oil prices have been firming up in recent weeks but the general view is that they will remain relatively low for some time yet. While supply will remain, the demand side may see nothing change
2015-02-04 17:40:00
Farmers in US, India and China to cut cotton acreage as prices slump
According to reports, cotton farmers in US will probably cut down acreage to the lowest since 2009 after prices slumped in January to a five-year low. Plantings is predicted to drop to 9.73
2014-12-16 13:15:00
Will the crude oil price free fall stop, will chemical fibres react?
Crude oil prices have retreated US$50-53 per barrel or US$360-390 a ton since its peak of June 2014. More than that, the first two weeks of December has already seen them falling more than US$11 a
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