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Related Keywords: Benzene price in asia, Benzene price in Europe, Benzene price in US, caprolactum price in Asia, nylon filament yarn price in China

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 cents 500 a gallon mark to begin the week and continued to fall later. Asian benzene marker, the FOB Korea was assessed at US$1,318-1,319 a ton, down US$29.50 week on week. US spot prices dropped US cents 19 on the week, assessed at 481.95-482.05 per gallon FOB USG.

Related Keywords: paraxylene price, polyester fibre price, Polyester prices, PTA price

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 new capacities come on line. Q3 and early Q4 will see demand from PTA for paraxylene firming rapidly. PET or polyethylene will drive the markets while textile filament will remain subdued. However, poor demand for polyester fibre is likely to weaken further in coming few weeks until prices stabilize at low level. This poor show will emanate from low cotton prices.

Related Keywords: cotton crop in india, cotton price in india, cotton supply, cotton supply in china

Cotton area down

Related Keywords: benzene market, Benzene price, benzene prices, caprolactum market, caprolactum prices, nylon market, nylon price in China, nylon price in Europe, nylon price in USA, Nylon yarn price, polyamide chip price

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

Related Keywords: daily textile prices, naphtha price, Paraxylene price in asia, Paraxylene price in Europe, polyester chip price, polyester fibre price, polyester filament price, PTA prices

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 to the postponed start-up of new unit run by Total, planned maintenance of several units in China as well as the delayed restart of units run by JX Nippon. In the last two days of the week, prices gained as much as US$61 a ton and over the week, they were up US$83.50 closing the week at US$1,460-1,461 a ton FOB Korea and US$1,482-1,483 a ton CFR Taiwan/China.

Related Keywords: acn prices, acrylic fibre in pakistan, acrylic fibre price in india, acrylic fibre prices, acrylic yarn price in china, acrylonitrile price, propylene price

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

Related Keywords: acn prices, acrylic fibre prices, acrylonitrile price, propylene price, textile price in china, yarn price in india

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, FOB Korea rose US$15 on the week to be assessed at US$1,394-1,395 a ton. The FOB Japan was pegged at US$1,375-1,377 a ton. Meanwhile, in Europe, chemical-grade propylene prices fell induced by supply glut which has been outpacing demand in recent weeks. Spot was down Euro12 on the week, to Euro1,055-1,060 a ton FD NWE and Euro1,035-1,040 a ton CIF NWE.

Related Keywords: daily textile prices, naphtha price, Paraxylene price in asia, Paraxylene price in Europe, polyester chip price, polyester fibre price, polyester filament price, PTA prices