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Related Keywords: daily textile prices, ethylene naphtha spread, Ethylene prices in Asia, Ethylene prices in Europe, Ethylene prices in US, naphtha prices in Asia, naphtha prices in Europe, naphtha prices in US

In April 2015, Asian ethylene-naphtha spread hit a record high amid bullish ethylene markets. The spread jumped US$193 during the month on an average as ethylene prices were under pressure of tight supplies. The CFR Northeast Asia ethylene marker averaged US$1,368-1,370 a ton while the Southeast marker averaged US$1,423-1,425 a ton, both increasing US$214-240 on the month. The spread was over and above the US$269 a ton recorded in March.

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

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

Asian contract price for paraxylene (Px) once again failed to reach a settlement for June, for the eighth time in the last 10 months. Meanwhile, spot prices have jumped US$145 during June, the second highest monthly gain in 24 months. In June prices surged throughout the month on active short covering for July. They are now at their 2014 peak.

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

There has been no contract price settlement for paraxylene in Asian market since February this year and the spot is used to peg derivative PTA values. Japan's JX Nippon Oil and Energy although finished its negotiations for the May Asian Contract Price for paraxylene but could not reach a settlement. Meanwhile spot paraxylene prices dropped US$70-75 a ton in March only to recover partially in April. In Europe too, May contract failed to settle while March and April saw spot numbers losing over US$80 a ton.