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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.

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.

Nylon chain will roll over the strong sentiment in May

Related Keywords: Benzene price, caprolactam price, caprolactum price, nylon chip price, nylon filament price, Nylon price, polyamide chip price

Benzene prices jumped sharply across regions for the third consecutive month of April, with highest rise seen in Europe. Asian benzene prices rose on strength of downstream styrene and toluene markets and also buoyed by the spurt in US numbers. Asian benzene marker, the FOB Korea jumped 8% or US$62 in April. In US, spot benzene posted sharp gains in week four of April on buying interest and gains in Europe. In Europe, reduced pygas availability pushed benzene markets up while exports and rising demand reduce domestic supply. US spot prices rose 12% while European spot jumped 17% from March.

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