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Market Watch Synopsis_Apr 02_14.pdf

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Crude Oil                                                 Purified Terephthalic Acid

In the last fortnight, crude oil prices went down         In the last fortnight, PTA prices went down clearly.
due to fall in U.S.A equity indices. Crude oil prices     During the first half of the last fortnight, selling
declined by the end of the last fortnight, which          offers for PTA declined in Asian market due to
were triggered by the fuel inventory report brought       softening demand coupled with poor feedstock
out by the American Petroleum Institute (API)             price. In the beginning of the second half of last
which stated that crude oil inventories surged. In        fortnight, PTA prices increased in Asian markets
the second half of last fortnight, Crude oil prices       due to firmer feedstock values coupled with
increased due to decline in U.S gasoline                  improved demand from downstream market. In
inventories coupled with a fall in the value of the       European market, selling offers for PTA remained
U.S dollar.                                               stable. In U.S.A market, selling offers for PTA
                                                          kept steady.
Naphtha

In the last fortnight, Naphtha prices were steady
due to firm energy market. In the first half,
Naphtha price opened with steady sentiment in
Asian market. In N W European market, trading
volume declined. Naphtha sellers preferred to
hold offers due to multiple unplanned outages
while downstream buyers tried to pull down offers
with support of bearish downstream demand.
During the second half, Naphtha prices increased
in global market because of firm energy market
coupled with improved the demand.

                                                          Ethylene

                                                          In the last fortnight, Ethylene prices declined due
                                                          to poor energy market. In Asian market, prices of
                                                          Ethylene decreased due to sluggish buying
                                                          sentiments coupled with subdued demand from
                                                          downstream players. In the second half of last
                                                          fortnight, selling offers for Ethylene went down.
                                                          Selling offers for Ethylene declined in Asian
                                                          market, due to bearish buying sentiments coupled
                                                          with dull downstream demand. In European
                                                          domestic market, selling offers for Ethylene went
                                                          down.
Paraxylene
                                                          Monoethylene Glycol
PX prices declined during the first half. In the
beginning of the fortnight, PX price declined in          In the last fortnight, MEG prices went up. During
Asian market due to weakening demand from                 the first half of this last fortnight, MEG market
downstream market. PX price declined in U.S.A             opened with an optimistic sentiment. In Asian
market due to bearish market fundamental. In the          markets MEG prices increased due to higher
second half, PX prices increased due to improved          feedstock price coupled with improved demand
demand. Selling offers for PX surged in Asian             from the downstream market. In early period of
markets due to bullish buying sentiments in the           second half of the last fortnight, MEG price
region. In European market, selling offers for PX         increased in Asian market due to surged in
went down due to bearish buying sentiments                feedstock values coupled with improved
coupled with poor demand which supported the              downstream demand.
price decline.




                                             (Mar 15 - 31, 2014)
                                  Presented by www.fibre2fashion.com

                                                         Polyester Filament Yarn

                                                         Polyester filament yarn market presented soft
                                                         outlook and prices declined due to subdued
                                                         demand from the downstream market in the
                                                         Chinese domestic market. Polyester filament yarn
                                                         prices went down due to lack of support from the
                                                         downstream      buyers    and    weak     market
                                                         fundamentals during the first half. Polyester
                                                         filament yarn market improved somewhat but
                                                         prices remained stable as downstream demand
                                                         recovered slowly in the Chinese domestic market
                                                         during the second half.
PET Chips
                                                         Propylene
PET chips market showed soft outlook and prices
                                                         In the beginning of the last fortnight, propylene
remained stable due to subdued demand from the
                                                         price went down. In Asian markets selling offers
downstream market in the Chinese domestic
                                                         for Propylene price declined due to weak
market during the first half of the last fortnight.
                                                         downstream demand. During the last fortnight,
PET fibre chips market improved and prices went
                                                         selling offers for propylene went down with poor
up due to robust demand from the downstream
                                                         energy market. In the second half, propylene
buyers in the Chinese domestic market during the
                                                         price declined in Asian market due to continued
second half of last fortnight. In the USD based
                                                         high Propylene inventory levels in key markets
market, polyester chips prices went up marginally.
                                                         like China. In European market, selling offers for
                                                         Propylene declined due to weak downstream
                                                         demand in the region

                                                         Acrylonitrile

                                                         In the last fortnight, ACN prices went down in
                                                         global market apart from S E Asian market.
                                                         Selling offers for ACN in European market
                                                         declined due to bearish buying sentiments. In the
                                                         beginning of second half of last fortnight, selling
                                                         offers for ACN declined in Asian market due to
                                                         dull regional buying sentiments and weak
                                                         feedstock prices. Selling offers for ACN kept inert
                                                         in European market due to firm energy market. In
Polyester Staple Fibre                                   U.S.A market, selling offers for ACN declined due
                                                         to poor demand in the region.
Polyester staple fibre market maintained a soft
outlook and prices went down due to subdued
demand from downstream market in the Chinese
domestic market during the first half. Polyester
staple fibre market maintained a weak tone and
prices declined due to lack of support from the
downstream buyers and unfavourable market
fundamentals during the first half. Polyester staple
fibre market continued to maintain a soft
appearance and prices remained stable due to
subdued demand from the downstream market in
the Chinese domestic market during the second
half.




                                            (Mar 15 - 31, 2014)
                                  Presented by www.fibre2fashion.com

Acrylic Staple Fibre                                     In the Rotterdam market, Benzene prices surged
                                                         up due to tight product availability in the region
Acrylic staple fibre market showed modest                coupled with the gain reported in the energy value
outlook and prices remained stable due to                during the first half. In the second half, Benzene
subdued demand from the downstream buyers in             market improved and prices went up due to
the Chinese domestic market. Acrylic staple fibre        robust buying sentiments and back of the gain
market remained range bound and prices were              recorded in the Benzene value in the U.S.A
almost stable as downstream demand failed to             market during the second half.
improve with market during the first half. Acrylic
staple fibre market showed modest outlook and            Caprolactam
prices remained stable due to subdued demand
from the downstream buyers in the Chinese                CPL market showed soft outlook and prices went
domestic market during the second half.                  down due to sluggish demand from the
                                                         downstream buyers during the first half of the last
                                                         fortnight. CPL prices went down in tandem with
                                                         weak feedstock market and bearish market
                                                         fundamentals during the first half. During the
                                                         second half of last fortnight in Asia, CPL market
                                                         continued to show weak appearance and prices
                                                         further declined due to subdued demand from the
                                                         downstream       buyers    and     weak     market
                                                         fundamentals during the period.




Polypropylene

In the beginning of the first half of the last
fortnight, PP prices opened with steady
sentiments due to firm energy market. In the
beginning of this last fortnight, selling offers for
PP remained steady in Asian market. In the
second half of last fortnight, PP price remained
steady. In Asian market, selling offers for PP
remained stable due to mute buying sentiments.           Nylon Chips
In European market, selling offers for PP
remained steady due to mute buying sentiments.           In the last fortnight, nylon chips prices went down
                                                         at steady pace. During the first half of this last
                                                         fortnight, overall demand remained weak in the
                                                         Chinese domestic market. Overall, demand for
                                                         nylon chips slowed down, due to weakness in
                                                         global macroeconomic factors and due to ample
                                                         of availability of raw material. During the second
                                                         half of the last fortnight, nylon chips price went
                                                         down further due to dull demand and high
                                                         inventories.

                                                         Nylon Filament Yarn

                                                         Nylon filament yarn market presented a soft
                                                         outlook and prices went down due to subdued
                                                         demand from the downstream buyers in the
Benzene
                                                         Chinese domestic market during the first half.
                                                         Nylon filament yarn market maintained a weak
In Asian market, Benzene market presented a
                                                         consolidation and prices declined due to weak
soft outlook and prices went down due to
                                                         demand from the downstream buyers and weak
subdued demand from the downstream buyers
                                                         market fundamentals during the first half. Nylon
and weak market fundamentals during the period.


                                            (Mar 15 - 31, 2014)
                                 Presented by www.fibre2fashion.com

filament yarn market maintained a weak tone and         Viscose Filament Yarn
prices declined due to lack of support from the
downstream buyers and weak feedstock market             Viscose filament yarn market presented modest
during the second half.                                 outlook and prices were relatively stable due to
                                                        subdued demand from the downstream buyers in
                                                        the Chinese domestic market. Viscose filament
                                                        yarn market consolidated as downstream buyers
                                                        showed no high enthusiasm in buying and
                                                        purchased goods on need-to-basis on rigid
                                                        demand during the first half. Viscose filament yarn
                                                        market recovered and prices were relatively
                                                        stable due to moderate demand from the
                                                        downstream buyers in the Chinese domestic
                                                        market.

                                                        Spandex

                                                        In the last fortnight, Spandex market remained
                                                        steady. During the first half of the last fortnight,
Cotton Linters & Pulp
                                                        Spandex buyers started buying in small volume
                                                        for inventory purpose but firm stance of sellers
Cotton linter market showed weak appearance
                                                        forced them to adopt a counter stance of wait and
and prices remained stable due to subdued
                                                        watch. In the second half of last fortnight,
demand from the downstream buyers in the
                                                        deadlock situation continued in Spandex market
Chinese domestic market. Imported dissolving
                                                        and prices remained unchanged. By the end of
pulp market showed soft outlook and prices
                                                        the last fortnight, sellers remained optimistic for
remained stable-to-soft due to subdued demand
                                                        future demand.
from the downstream market during the first half.
Cotton linter market showed weak appearance
                                                        Cotton
and prices were relatively stable due to subdued
demand from the downstream market in the
                                                        International cotton market fluctuated and prices
Chinese domestic market during the second half.
                                                        remained range bound during the first half. China
Imported dissolving pulp market showed modest
                                                        cotton market maintained a weak tone and prices
outlook and prices were relatively stable due to
                                                        remained stable due to subdued demand from the
subdued demand from the downstream buyers
                                                        downstream         buyers and     weak     market
during the second half.
                                                        fundamentals during that period. In India, cotton
                                                        market maintained stable trend due to unchanged
Viscose Staple Fibre
                                                        market fundamentals, and the financial year
                                                        ending time during that period. International
Viscose staple fibre market showed soft
                                                        cotton market fluctuated in a narrow range and
performance and prices went down due to
                                                        prices remained range bound during the first half
subdued demand from the downstream buyers
                                                        of the last fortnight.
during the first half. Viscose staple fibre market
maintained weak tone and prices kept falling amid
                                                        Wool
lack of demand from the downstream buyers and
unfavourable market fundamentals during the first
                                                        Wool market followed a downward trend in
half. Viscose staple fibre market continued to
                                                        Australia market during the first half of last
maintain a weak tone and prices went down due
                                                        fortnight. Wool market continued to follow a
to subdued demand from the downstream buyers
                                                        downward trend in Australia market during the
in the Chinese domestic market during the
                                                        second half of last fortnight.
second half.



                     Contact us to get the complete latest issue of the report:

                     Ms. Pinky Roshan
                     Mobile: +91-990.994.1402
                     Email: pinky@fibre2fashion.com

                                           (Mar 15 - 31, 2014)

				
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Description: Market Watch Synopsis of last (March 15-31, 2014) which contain details of Crude Oil, Naphtha, Purified Terephthalic Acid, Ethylene, Paraxylene, Monoethylene Glycol, Polyester Filament Yarn etc are discuss in the doc just go through it which is presented by fibre2fashion.