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Falling crude oil sets nylon chain on a freefall

Related Keywords: Benzene price, caprolactum price, crude oil price, nylon chip price, nylon filament price, Nylon price, Nylon yarn price, polyamide chip price

The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since they were at their yearly peak in May-June. The plunge was triggered by the rapidly falling crude oil prices where in benzene, a refinery product – is closely linked. Caprolactum, a nylon fibre intermediate, is derived from benzene via cyclohexane. Nylon chip, nylon fibre and nylon filament yarn are derived from caprolactum. Thus, the final product costing depends on the movement in crude oil and thereby, benzene markets.

Decline in crude prices in November escalates into polyester chain

Related Keywords: crude oil price, ethylene price, MEG price, mono ethylene glycol price, naphtha price, paraxylene prices, polyester chip price, polyester filament price, polyester staple fibre price, psf price, PTA price, purified terephthalic acid price

Crude oil prices in November declined on pressure from a rallying US$ and expectations of higher interest rate. The US$ hit 6-1/2-month high against a basket of currencies. Data also showed eight straight weeks of inventories builds in US. Brent, the global benchmark for oil, was less than $2 from setting new 6-1/2-year lows in the mid of November. US crude and Brent price fell 6.8% and 7.4% respectively as compared to previous month’s average. US Futures averaged US$42.91 a barrel, down US$3.15 from October and Brent averaged US$48.25, down US$3.56 on the month.

Spun yarn export growth tapers in October, values decline

Related Keywords: acrylic yarn export, cotton yarn export, polyester yarn export, Spun yarn export, viscose yarn export, yarn export, yarn export to bangladesh, yarn export to china

Spun yarn exports growth slowed down in October 2015 to just 4.1 per cent in volume terms in October 2015. In value terms, it declined 9.5 per cent. Spun yarn (all kinds) shipments were at 112 million kg worth US$310 million or INR2,007 crore, implying per unit realisation of US$2.78 per kg. This was US cents 4 down from previous month and down US cents 41 from October 2014. It was also the lowest since February 2015.

China continued to propel yarn export from India, although average unit value realization continued to decline hovering in the range of US$2.78-2.82 per kg on an average.

MMF spun yarn export falls in September, shipments just up

Related Keywords: acrylic yarn export, polyester yarn export, Spun yarn export, viscose yarn export

100% manmade fibre yarns export aggregated 6.35 million kg in September valued at US$17 million. This comprised 2.47 million kg of polyester yarn, 2.59 million kg of viscose yarn and 1.23 million kg of acrylic yarn. Compared to a year ago, shipment managed to remain just up while value was down 7 per cent.

China slows down yarn import from India in September, up just 13pc

Related Keywords: cotton yarn export, yarn export Bangladesh, yarn export Egypt, yarn export from india, yarn export to china, yarn import china

Spun yarn exports growth rate slowed down dramatically in September 2015 to 8 per cent in volume terms and 6 per cent in US$ term. All kinds of yarn shipments were at 118 million kg worth US$333 million or INR2,188 crore, implying per unit realisation of US$2.82 per kg. This was US cents 4 down from previous month and down US cents 42 from September 2014. It was also the lowest of many months. Meanwhile, the Rupee depreciated 5 per cent against the US$ in the comparable months.

Shipment of spun yarns up in volume, value inches up as prices fall in August

Related Keywords: cotton yarn exports, Spun yarn exports, spun yarn import in china, yarn export from india

Spun yarn exports maintained its growth tempo in August 2015. After rebounding in June and Jul, export grew 21.5 per cent in volume terms while the rise in value term inched up 3 per cent. In August, spun yarn exports (all kinds) shipments were at 117 million kg worth US$335 million or INR2,135 crore, implying per unit realisation of US$2.86 per kg. This was US cent 6 down from previous month and down US cents 50 from August 2014. It was also the lowest of many months. Meanwhile, the Rupee depreciated 6 per cent against the US$ in the comparable months.

Textiles feedstock strengthens, may reflect in fibre prices later

Related Keywords: acrylic price, Benzene price, ethylene prices, Nylon price, paraxylene price, petrochemical price, Polyester price, polypropylene price, propylene price

Petrochemical derivatives are an important starting point for manufacturing textile fibers and filament yarns. While ethylene, paraxylene, benzene and propylene are mother feedstock for production of polyester, nylon, polypropylene and acrylic fibres and filament, any movement in their prices have direct impact on input costs and thus the final product pricing.

Bangladesh doubles polyester cotton yarn imports from India

Related Keywords: acrylic yarn export, manmade fibre yarn, mmf yarn, polyester yarn export, Spun yarn exports, viscose yarn export, yarn import in Bangladesh, Yarn import in china

Blended spun yarns export aggregated US$36.3 million in July, up 12 per cent YoY while volumes gained 20 per cent at 12 million kg. During the month, 6.7 million kg of PC yarns worth US$19 million and 3.5 million kg of PV yarns valued at US$9.8 million were exported.

Cotton/viscose yarn demand has been on the rise since cotton prices have started moderating while viscose gave the lustre. In July, 0.7 million kg of yarns were exported worth US$2.7 million as against 0.3 million and US$1.69 million in the same month last year.

Export of spun yarns made of 100pc manmade fibres on the recovery path

Related Keywords: acrylic yarn export, manmade fibre yarn, mmf yarn, polyester yarn export, Spun yarn exports, viscose yarn export, Yarn import in china

100 percent man-made fibre yarns export rebounded sharply in July particularly that of polyester and viscose yarns. In July, 6.09 million kg of man-made spun yarn were exported, comprising 2.63 million kg of polyester yarn, 2.19 million kg of viscose yarn and 1.23 million kg of acrylic yarn.

China maintains yarn import momentum from India, doubles volume

Related Keywords: China yarn import, cotton yarn export, Filament yarn export, pc yarn export, polyester yarn export, pv yarn export, rayon yarn export, textile export from india, viscose yarn export, yarn export

The recovery in spun yarn exports is here to stay. Continuing with the significant rebound in June, July too posted a higher growth. Export grew sharply by 35 per cent in volume terms while the rise in value term was 16 per cent. The growth again emerged from the retained momentum of imports of yarns by China from India. For the second month in a row, China’s import of Indian spun yarn jumped in July. However, overall unit value realization continued to inch down hovering in the range of US$2.93-2.96 per kg on an average.

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