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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
2014-08-25 16:54:00
Cheaper benzene across markets spells cost deceleration
US spot benzene prices dropped on weaker downstream demand pulling down prices in Asia, Europe and Latin American markets. US spot benzene prices dropped in the week ended 22 August falling below US
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
2014-07-29 17:19:00
Off-season and costlier raw material squeezes nylon making
Nylon filament makers in Asia have been facing dual challenges in recent times. On one hand raw material cost has been galloping while on the other hand, demand is shrinking at an equal speed. This,
2014-07-14 17:17:00
Benzene firms up again lifting the value chain
Asian benzene prices were on a bull-run since mid-May, gaining a total US$173.50 a ton until June-end, partly fuelled by supplies shortages in South Korea and Japan, as well as the strong crude
2014-07-11 15:25:00
Acrylonitrile markets derived strength from upstream
Asian propylene prices were firmer in Northeast Asia due to tight supply and demand picking up in downstream sector particularly in the polypropylene market in the week of 4 July. The Asian marker,
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
2014-07-01 17:32:00
Px-naphtha spread at 2014 peak in Asia, European makers better off
Asian contract price for paraxylene (Px) once again failed to reach a settlement for June, for the eighth time in the last 10 months. Meanwhile, spot prices have jumped US$145 during June, the second
2014-05-26 12:19:00
Bullish feedstock sparks polyester chain, PTA-MEG rises further
Asian ethylene markets were on the bullish note in the week ended 23 May as spot supplies tightened amid a lack of regional supply, supporting prices to rise. The markers rose US$12 a ton CFR
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