psf | YnFx - Part 25

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2014-07-21 14:31:00

Paraxylene prices roars back to June levels

Asian paraxylene prices shot up significantly back to June end levels as traders' scrambled for short-covering in the week ended 18 July 2014. Prices continued to remain supported by shortage owing

2014-07-15 10:59:00

Union Budget 2014-2015 intents to bring Acche Din for textiles

The Narendra Modi government, which has sought 60 months from the Indian electorate to bring good days, in its first budget exuded its intent to kick start the investment cycle to nurse India's

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

2014-06-10 12:22:00

PTA, MEG prices surge as producer's maneuver production

Asian purified terephthalic acid and mono ethylene glycol prices, both raw materials for making polyester, have started roaring their heads once again after hovering below US$950 a ton mark since

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

2014-04-02 15:45:00

Anti-dumping duty on PTA to affect domestic user industry

The Associated Chamber of Commerce and Industry of India (ASSOCHAM) is clearly expressed its discontent against government imposing of anti-dumping duty on imports of Purified Terephthalic Acid

2014-03-19 12:45:00

Polyester chain prices seen crashing down rapidly last week

As bearish sentiments continue to cast dark covering over the entire chemical fiber industry, prices of most varieties are hitting 11-year low. Producers are caught in great losses and the downtrend

2014-01-28 16:30:00

Itochu decides to exit Indo Rama Synthetics, sells its entire 3.5% stake

Itochu Corp, a Japanese trading house who owned 3.5 percent equity stake in Indo Rama Synthetics, polyester manufactured decided to exit the company by selling off its entire equity stake in the

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

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