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2014-12-11 17:57:00
Unstoppable drop in polyester chain pricing led by crude oil
The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a
2014-09-30 15:59:00
Will falling crude oil initiate cost easing for polyester makers?
Crude oil prices have lost US$14.23 since their recent peak of US$106.62 per barrel as of 20 June 2014. And this had a decelerating impact on naphtha and its derivatives. Naphtha prices have crashed
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
2014-08-14 16:42:00
Feedstock still supporting polyester chain, but for how long?
Feedstock paraxylene markets will continue to support downstream polyester segment for some time since more and more PTA capacity will come on stream while paraxylene supplies will remain short until
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
2014-05-08 17:56:00
Paraxylene Naphtha spread back to mid 2010 levels
There has been no contract price settlement for paraxylene in Asian market since February this year and the spot is used to peg derivative PTA values. Japan's JX Nippon Oil and Energy although
2014-03-11 16:40:00
Pakistan textile to attend more of trade exhibition
Pakistani textile companies are busy to improve the quality of their products and focusing to supply the orders on time with the European Union granting GSP Plus status to Pakistan for market access.
2014-01-06 14:46:00
Ethylene firms up entering 2014, paraxylene moderates in Asia
Ethylene prices were firmer in Asian markets amid tight regional supply and warming up demand in the week of 3 January. The markers rose US$20-30 week on week to be assessed at US$1,519-1,521 a ton
2013-11-12 12:20:34
Polyester poised for good growth ahead, may see surplus in 2018
The US$75 billion polyester industry continued to remain as an undisputed leader in the textile Industry. Year 2012 saw its market share increase to over 80 per cent given the continuing population
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