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CPL prices inch up while nylon-6 prices hold firm in Asia

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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Polyester markets faced downward pressure in June

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Ethylene prices in Asian markets inched up in June on expectations of increase in Chinese demand in the coming period. In Europe, spot ethylene prices rose sharply this month on cracker issues as maintenance was been conducted on the western portion of the ARG ethylene pipeline. In US, spot ethylene prices fell amid the recent restart of crackers after turnarounds and the start-ups of new capacity. Prices rose 4.2% from May in Asia while European spot inched up 1.9% on the month. US spot prices slipped 1.5% during the month.

Polyester market weakens in March, no support from upstream

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Ethylene prices in Asian markets jumped in March supported by strong demand amid the heavy steam cracker turnarounds. In US, spot ethylene fell to a nine-year low on weak sentiment as production from new capacity has overtaken consumption amid downstream disruptions. European ethylene spot prices were almost flat for the month.

Polyester yarn prices continue to rise in China, stable in India

In China, offers for 32s polyester yarn in Shengze were up US cents 5 a kg in the third week of January. Spun polyester yarn offers in China continued the uptrend that week in tandem with firming up polyester staple fibre cost. Market saw modest demand and sales were passable during the week.

In India, spun polyester yarn prices stopped falling and were assessed stable during the week. Prices were supported by firm PSF cost and decent demand.

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Polyester prices inch up in China, down in India

In China, offers for 32s polyester yarn in Shengze rose US cents 3 a kg in the first week of January. Spun polyester yarn offers reacted to the surging polyester staple fibre prices during the week. Market saw moderate demand as sales were modest.

In India, polyester yarn 30 knit yarn prices were down INR1 a kg (down US cent 1 a kg on the week) in Ludhiana market.

In Pakistan, polyester yarn prices were unchanged during the week supported by stable polyester staple fibre cost and increasing demand.

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Polyester yarn price softens in India, China

In China, offers for 32s polyester yarn declined in the week ended 13th October 2017. Spun polyester yarn offers were down that week while trading was moderate. Weak polyester staple fibre cost pushed down polyester spun yarn prices during the week. Prices of some individual specs also softened amid moderate trading.

In India, spun polyester offers fell that week after remaining stable in the previous week. Prices have lost INR4 per kg in the last four weeks.

In Pakistan, polyester yarn prices stayed firm during the week.

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Polyester yarn becomes cheaper in India

In China, offers for 32s polyester yarn in Shengze were pegged stable in the last week of September which ended on 29th September 2017. In China, spun polyester yarn offers were steady supported by firm prices in the polyester staple fiber market during the week. Prices were gradually turning stable-to-soft during the week while sales volume of some individual specs were moderate.

In India, polyester yarn offers were revised down after inching up in the previous week. Polyester yarn 30 knit yarn prices declined INR2 a kg (down US cents 7 a kg on the week) in Ludhiana market.

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Polyester yarn prices rise in China, stable in India

In China, offers for 32s polyester yarn in Shengze were up US cents 9 a kg in the first week of this month which ended on 8th September. Spun polyester prices in China were on uptrend that week in line with a rebound of polyester staple fiber prices. The sales volume of some individual specs was moderate.

In India, polyester yarn offers were held steady that week after rising the previous week.

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Polyester yarn prices rise in China, India

In China, offers for 32s polyester yarn in Shengze rose US cents 3 a kg in the third week of August. Spun polyester yarn offers were slightly up that week after declining the previous week. However, trading sentiment was tepid as transaction volume was small and demand was lackluster. Players were advised to pay heed to the changes on crude oil values, the price trend of PX and the number of orders from downstream spun yarn producers in the future.

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Polyester yarn becomes cheaper in India

In India, polyester yarn prices edged down in order to revamp depressed demand in the last week of June. With GST regime in place, yarn traders and intermediary agents were finding it difficult to implement the new tax system. Polyester yarn 30 knit yarn prices edged down INR1 a kg (down US cents 2 a kg due to weak INR) in Ludhiana market.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

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