In China, liquid spot was down US$30 a ton in the second week of May while solid goods offers fell US$95 a ton.
Asian markers, the SE and FE markers fell US$20 a ton on the week.
Sinopec retained its May contract nomination at US$1,625 a ton for liquid goods while Fibrant settled April at US$1,680 a ton, down US$15 from nomination for liquid goods.
Caprolactum prices inched down that week on soft demand in Asia while upstream benzene was range bound on weaker side. In China, offers for liquid goods in spot market were quoted down from last week while mainstream prices for solid goods were rolled over.
Mainstream values for East European goods stood stable amid flat market. Sinopec retained its May contract nomination at a roll over while price list for high-end goods for May was not released.
Courtesy: Weekly PriceWatch Report
In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…
In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.
Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…
Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…
Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…
In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…