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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$193 during the month on an average as ethylene prices were under pressure of tight
2015-05-14 17:50:00
Nylon chain will roll over the strong sentiment in May
Benzene prices jumped sharply across regions for the third consecutive month of April, with highest rise seen in Europe. Asian benzene prices rose on strength of downstream styrene and toluene
2015-05-14 17:00:00
Raised cotton prices makes Pakistan cotton market mind numbing
Falling stock of cotton made the Pakistan cotton market mind-numbing as the ginners raised rates as a consequence of the dearth. According to sources, the official spot rate was unchanged at Rs 5450,
2015-05-13 17:35:00
Polyester pricing up in April on production disruptions and surging crude
Production disruptions caused by fire at major PTA and MEG plants in China pushed up Asian raw material prices in April, triggering an immediate response in polyester chain. The surge was largely for
2015-04-29 12:10:00
Ginners raise asking prices due to shortage of lint cotton
Dull trading was witnessed at the Pakistan cotton market on Monday as most of the ginners again raised asking prices as they have very little stock of lint cotton. The official spot rate remained
2015-04-28 17:30:00
Polyester chain witnessed another bout of cost-push price advances
The polyester chain witnessed another bout of price advances in the week ended 24 April, with polyester staple fibre and filament yarn prices zooming past or almost at par with its previous high seen
2015-04-17 13:00:00
Improving demand in polyester likely to push up MEG prices in Asia
Continued demand growth from the downstream polyester market and firming crude oil values likely to push the monoethylene glycol (MEG) spot prices in Asia on uptrend but the increased supply in
2015-04-10 11:30:00
Polyester pricing may see hikes in April and May, but fall later
Everything in synthetic fibre markets, especially polyester, has been revolving around crude oil price, and hence the US$. The first signs of policy change in US, expectation of a hike in interest
2015-04-01 12:15:00
Oil and benzene prices supporting nylon chain, nylon yarn trends up
Benzene prices have gained 14-16 per cent across regions in March, pushed by an uptick in demand and stronger crude as players in US wanting to open the arbitrage window from Europe amid tighter
2015-03-25 17:19:00
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
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