Nitin Madkaikar | Yarns and Fibers

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Benzene strengthens support to downstream nylon chain

Nitin Madkaikar

Related Keywords: Benzene price in asia, Benzene price in Europe, Benzene price in USA, caprolactum price in Asia, caprolactum price in Europe, caprolactum price in USA, nylon fibre price, nylon filament price, nylon textile yarn prices, polyamide chip price

Benzene prices surged 13-16% in March across regions while US numbers hit a four-month high in the first week of the month. In Asia, a strong demand for May cargoes supported prices to go up while in European bullish sentiments caused prices to jump. In US, derivative styrene’s demand for benzene held firm as participants eyed export opportunities to Europe, which ultimately led to reductions in benzene supply locally. In Latin America, benzene prices rose week on week tracking key global markets higher.

Polyester pricing may see hikes in April and May, but fall later

Nitin Madkaikar

Related Keywords: ethylene price, MEG price, monoethlene glycol price, paraxylene price, polyester fiber price, polyester fibre price, Polyester filament prices, PTA price, purified terephthalic acid price, textile price forecast

Everything in synthetic fibre markets, especially polyester, has been revolving around crude oil price, and hence the US$. The first signs of policy change in US, expectation of a hike in interest rates, have led to a flight to the US$, supported by other currencies being devalued. And with world powers reaching a framework agreement with Iran to curtail its nuclear program, the stage has been set to end the sanctions that have restrained Iran’s exports.

Bangladesh pays more for cotton yarn imported from India than China

Nitin Madkaikar

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

This is further to the story Spun yarn exports volume from India up in February, prices down published on 7 April. Although China was the largest importer of Indian spun yarns, especially cotton yarns, it paid much lower than the second largest importer, Bangladesh.

Spun yarn prices weak in March, blame fibre market?

Nitin Madkaikar

Related Keywords: Cotton yarn prices, polyester yarn prices, spun yarn market, spun yarn prices, viscose yarn prices, yarn prices, yarn prices in china, yarn prices in India

Cotton yarn markets were in weak corrections during March 2015, seeing prices for low/medium-end yarn in downswing. In China, overall demand was deemed limited, and sellers faced poor margins with traders making cautious decisions. In Pakistan, cotton yarn prices remained flat on the export market, due to a lack of demand, which was apparently weakening in Far East and Europe, since buyers were expecting lower pricing in the coming months and postponing new orders. Indian cotton yarn prices slightly declined after a short-lived attempt by spinners to raise offers in the first week of March.

8L cotton bales exported from India in February

Nitin Madkaikar

Related Keywords: acrylic fibre export from india, Cotton export from india, polyester fiber export from india, polyester staple export from india, viscose export from india

During February, fibre (cotton, ASF, PSF, VSF and wool) exports stood at 156 million kg, worth US$194 million or INR1,190 crore. Cotton accounted more than 85 per cent of all types of fibre exported during the month at 135 million kg or 800,000 bales worth US$164 million. About 21 million kg of MMF were also exported worth US$30 million.

Filament yarns export from India earns US$60 mn in February

Nitin Madkaikar

Related Keywords: Filament yarn export from india, polyester filament export from india, polypropylene yarn export from india, viscose filament yarn export from india

In February more than 73 million kg of filament yarns (all types) were exported to 69 countries. These include polyester, nylon, polypropylene and viscose filament yarns. About 90 per cent of all filament yarns were of polyester, of which, DTYs were the largest at 79 per cent.

Spun yarn export from India to China back to 50 mn level in February

Nitin Madkaikar

Related Keywords: China yarn import, cotton export to china, cotton yarn export to china, polyester yarn export to china, polyester-cotton yarn export to china, polyester-viscose yarn export to china, Spun yarn export to china, viscose yarn export to china

Exports to China has sprung back to over 50 million kg in February 2015 after hovering around 30-40 million from April to October and in January. In February, export of spun yarn to China jumped 19 per cent year on year in terms of value and 38 per cent in volumes. It imported 53.3 million kg of yarns worth US$140 million.

Spun yarn exports volume from India up in February, prices down

Nitin Madkaikar

Related Keywords: acrylic yarn export from india, cotton yarn export from india, polyester yarn export from india, polyester-cotton yarn export from india, polyester-viscose yarn export from india, Spun yarn export from india, textile export from india, viscose yarn export from india, Yarn import in china

Spun yarn exports were up in February in terms of volumes but the fall in FOB per unit price, which apparently arrested in January, continued, leading to a sharp fall in revenue earnings. Volumes at over 122 million kg were worth US$355 million or Rs 2,190 crore, implying per unit realisation of US$2.90 per kg for all kinds of spun yarns. This was US cents 8 down from previous month and down US cents 45 from February 2014.

Oil and benzene prices supporting nylon chain, nylon yarn trends up

Nitin Madkaikar

Related Keywords: benzene prices, caprolactam prices, caprolactum prices, nylon chip prices, nylon filament prices, Nylon yarn prices, polyamide chip prices, textile yarn prices

Benzene prices have gained 14-16 per cent across regions in March, pushed by an uptick in demand and stronger crude as players in US wanting to open the arbitrage window from Europe amid tighter supply expectations. However, benzene prices were seen easing end March as upstream toluene cooled down while arbitrage window to US remained closed. The week also witnessed a rare reverse arbitrage move. An estimated 20,000 ton cargo was set to arrive in China from the US in March-end.

Now track global textile fibres and yarns prices from your mobile everyday

Nitin Madkaikar

Related Keywords: chemical fibre, daily prices, Global textile prices, natural fibre, price comparison, price spread, spun yarn prices, textile prices, tracking textile prices, yarn prices

YnFx, the world's premier and most trusted textile market information initiative, has launched its “Daily Textile Prices service”, a mobile application on Android platform. The service brings to the user more than 600 daily price quotes on various textile value chains, including energy, feedstock, fibre intermediates, fibres, filament yarn and spun yarns. Broadly these textile chains are categorised into energy, polyester, nylon, acrylic, viscose, cotton, and all types of spun yarns collated from 40 key markets across the world.

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