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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
2015-05-22 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
2015-05-13 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
2015-04-28 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
2015-04-10 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$. The first signs of policy change in US, expectation of a hike in interest
2015-03-25 17:19:00
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
2014-11-25 17:00:00
Indian textile sector with adequate policy support has competency to cross $500 bn mark by 2025
Indian textile industry with adequate policy support from the government and rights steps has all the potential to cross USD 500-billion mark by 2025 from its present estimate of USD 108
2014-09-08 12:46:00
Falling crude triggers cost reduction in raw materials for making polyester
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a
2014-07-08 17:51:00
Paraxylene tanks no major shakeup yet in downstream
Asian ethylene prices were up, although in varying degree on persistent tight supply amid several turnarounds. European ethylene spot prices gave back recent gains following a slump in naphtha
2014-06-24 11:32:00
PTA producers managed to lift price, but spot relents
Asian PTA prices gave back some of its recent gains despite continuous soaring feedstock paraxylene prices since early May (0.66 unit paraxylene required to produce 1 unit of PTA). The tighter
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