Polyester pricing | Yarns and Fibers

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Polyester prices correct on falling energy complex and supply imbalance

Nitin Madkaikar

Related Keywords: MEG price, pfy price, polyester filament price, polyester price in asia, polyester price in Europe, polyester price in USA, Polyester pricing, polyester staple price, psf price, PTA price

In the week ended 17 July, the Asian ethylene markets continued to be hit by weak demand amid ample supply while prices touched a four-month low. The spread between North East and South East was at its widest in 11 months as the two markets saw diverge trend. Asian markers CFR NE was down US$20 a ton while SEA CFR fell US$35 a ton on the week. The ethylene-naphtha spread was wide at US$65 a ton.

Polyester pricing in June 2015 A year of fall - Part II

Nitin Madkaikar

Related Keywords: MEG price, polyester filament price in asia, polyester filament price in Europe, polyester filament price in USA, polyester price in asia, polyester price in Europe, polyester price in USA, Polyester pricing, PTA price

Given the rapid changes in prices of polyester feedstock ethylene and paraxylene prices, their respective derivatives reflected similar trends year on year. Asian MEG markets fluctuated widely opening June and prices jumped in line with the ethylene and PTA market. They fell in the third week on short selling and bearish polyester markets as the peak season drew to a close. Prices, however, climbed again June-end on expanding downstream operating rates. Meanwhile, MEGlobal nominated Asian July contract price at a roll over. Asian spot was down 1.5% in June and 4.8% from a year ago.

Polyester pricing in June 2015 A year of fall - Part I

Nitin Madkaikar

Related Keywords: ethylene prices, naphtha price in asia, naphtha price in Europe, naphtha price in USA, paraxylene prices, petrochemical prices, Polyester pricing

Watching the fall in polyester chain for about a year now, one segment which has apparently escaped the trend is the ethylene chain including its derivative mono ethylene glycol segment. Crude oil prices had peaked in June 2014 and started their downward journey thereafter. Many factors were responsible for their fall, with supply glut being an important one.

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