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The SE and FE Asian caprolactum markers on the lower end rose US$10 a ton in the week ended 3 August 2018. In China, spot liquid good offers was up US$2 a ton as compared to last week while solid goods were stable during the week.

Caprolactum prices in Asia were firmed up during the week amid strong feedstock benzene market. In China, CPL offers were mostly up in the week buoyed by high cost and low inventory as one plant shut its unit last week. Average domestic run rates declined to 78.6% that week which indicates that supply was tightening a bit.

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Related Keywords: ethylene price, MEG price, mono ethylene glycol price, paraxylene price, Polyester price, polyester price in china, polyester price in india, PTA price, purified terephthalic acid price, textile prices

Polyester pricing has been on a sluggish mode ever since crude oil price began to dwindle with occasional peaks and troughs. In the week ended 19 June, polyester upstream feedstock, ethylene markets in Asia gave back earlier week’s gains as prices were dragged down by rising regional and deep-sea supplies. However, the price drop was limited by cracker shutdowns. Asian markers fell US$5-10 a ton week on week. Prices were down Euro14 a ton both on FD NWE and CIF NWE basis.

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.

Related Keywords: crude oil price, filament yarn prices, impact of crude oil, Polyester prices, polyester yarn price, Spun yarn price, textile prices

Until now the immediate impact of the fall in crude oil prices was mostly on the upstream products of the textile value chains. The very first oil derivative to react was naphtha and further down in the chain each layer had or do have a lag to absorb and pass on the cost reduction since their raw material inventory was built at the earlier high prices. The effect began quickly in the immediate downstream segment and percolating slowly at the end of the value chain, ceteris paribus.

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