During the last fortnight price of Crude oil settled down a bit lower compared to the previous fortnight after a big tug of war. In the beginning of the last fortnight price of Crude oil turned bearish due to price rally in U.S.A currency against all the major world currencies. Decline in Asian equity market also discouraged the crude oil market. Crude after a short correction again showed a sign of strength and was trading well above yesterday’s high, indicating some strength building up in the market.

Sample Report | Full Report

During the last fortnight price of Naphtha increased with a support of downstream demand. Price hike of Naphtha was mainly attributed by strengthening of demand and firm pricing fundamentals. At the mid of the last fortnight price of Naphtha market was a bit disturbed as Centre for Global Energy Studies made argument with OPEC to increase oil production but market recovered very soon due to geopolitical tension. At the end of the last fortnight price of Naphtha took a big leap.

Sample Report | Full Report

During the last fortnight Paraxylene price gave a mixed reaction like stable to firm. In the beginning of the last fortnight price of Paraxylene opened firm due to thin and inactive participation from the speculators. With no firm selling ideas and discussion actually heard from the market, Asian market closed at prices that nominally pegged stable from previous assessment. In Asian Paraxylene market sentiment continued to be stagnant as no clear direction was detected from both up and downstream sectors.

Sample Report | Full Report

During the last fortnight price of PTA increased with slow and steady pace. During the entire last fortnight PTA remained almost unaffected with the price fluctuation in the lackluster feedstock market. In European market price of PTA was firm as the Artenius unit at Wilton remained down and it wasn’t expected to restart before several weeks. Few Speculators believed that market bottomed out, but still was not willing to sell goods at lower price. Sellers maintained their wait and watch stance as they were aware of relatively limited supply.

Sample Report | Full Report

In the last fortnight price of Ethylene increased. Demand for spot cargoes was robust as downstream producers continued to enjoy hefty margins which led them to increase their operational rate too. This in turn kept demand of Ethylene on higher side. With the similar reason price of Ethylene increased in Asian market too. In Asian market demand was mainly from plastic sector whereas demand from textile sector was reducing at steady pace. Price hike of Ethylene was supported by the unplanned outage at S Korea based YNCC also.

Sample Report | Full Report

During the last fortnight price of MEG increased with a firm support from feedstock price and the downstream demand. Sellers were also bullish as major producer of China Nan Ya put its MEG production line under planned maintenance till the beginning of July. In the second half of the last fortnight price of MEG gave a mixed reaction. In the beginning of the second half price turned soft but by the end of the second half it regained the bullish sentiment.

Sample Report | Full Report

Polyester chip prices went up during the first half of this last fortnight in Chinese domestic market, pushed by rising PTA/MEG price and good production and sales ratio of downstream polyester filament yarn. On entering into the second half, many sellers held on to materials due to tight supplies and prices went up, but few deals were concluded as players were holding wait-and-see stance towards the market. PET bottle grade prices remained almost stable during the second half.

Sample Report | Full Report

In the beginning of this fortnight, while feedstock, polyester filament yarn and chips performed well, polyester staple fibre market was dominated by wait-and-see attitude due to lusterless sales. Later, prices began to move up on soaring MEG values in the Chinese domestic market. Demand recovered for replenishing stocks but prices were expected to remain stable due to slack sentiment in the market. Sales were moderate during the period. It is expected that in July downstream demand is expected to pick up slightly, and sentiment is likely to remain stable in early part of the month.

Sample Report | Full Report

Polyester filament yarn prices were significantly rising in China, after intermediate prices moving higher. The rebound in PTA and MEG prices should however rapidly end in the near term, as demand remains weak from China's textile industry. Overall polyester filament yarn market went up. Polyester filament yarn market is expected to extend bullish runs next week, as feedstock is strong and demand shows sign of a recovery. It is expected that due to cost support and slightly increasing downstream demand, prices for polyester filament yarn in July are expected to go up.

Sample Report | Full Report

During the last fortnight price of Propylene increased with massive pace due to firm support from the feedstock as well as firm support from the downstream demand. In Propylene market robust demand was obvious factor which was strongly supported by the feedstock price. At the beginning of the first half of the last fortnight speculators were cautious and initially resisted the price hike but as soon as the price in the downstream successfully absorbed. In the second half of the last fortnight price of Propylene suppressed little bit and then took a huge leap.

Sample Report | Full Report

During the last fortnight price of Acrylonitrile remained stable to weak. ACN spot market price did not change at the beginning of the first half of the last fortnight. By the end of the first half many deep sea cargoes arrived at the Chinese port which pressurized the Acrylonitrile sellers as the tanks at Chinese port were nearly saturated. In the second half of the last fortnight price of Acrylonitrile bounced back as feedstock price recovered and supply side shrunk.

Sample Report | Full Report

Acrylic fibre market was stable to firm during the first half of this last fortnight in the Chinese domestic market. Inventories with some producers increased, and supply tightness eased off somewhat. It is expected that future market will mainly adjust amid stableness. Acrylic fibre market is expected to keep flat in the near future. Downstream demand tends to weaken due to seasonal off-season. Currently, acrylic yarn market is in the stage of end of export orders and so demand for acrylic fibre was low in the market.

Sample Report | Full Report

During the last fortnight price gain in Benzene was triggered by the firm feedstock price and strong downstream demand. In the very beginning of the last fortnight in Asia market price of Benzene slipped down due to price fall in energy sector and particularly price fall in the downstream products. In the second half of the last fortnight Benzene market sentiment was strong as global aromatics industry continued to expand even in adverse economic condition which supported the international trade and demand too.

Sample Report | Full Report

During the last fortnight price gain in Benzene was triggered by the firm feedstock price and strong downstream demand. In the very beginning of the last fortnight in Asia market price of Benzene slipped down due to price fall in energy sector and particularly price fall in the downstream products. In the second half of the last fortnight Benzene market sentiment was strong as global aromatics industry continued to expand even in adverse economic condition which supported the international trade and demand too.

Sample Report | Full Report

In the last fortnight price of Caprolactam increased with a strong support from the feedstock price and unexpected support from downstream markets too. In the firs half of the last fortnight buyers and sellers of Caprolactam were cautious as they were worried about the future demand trend. In the second half of the last fortnight price of Caprolactam continued to increase due to relatively tight availability. By the end of the second half price increased in other markets too.

Sample Report | Full Report

In the last fortnight Nylon chip prices increased due to cost pressure from the feedstock prices; demand was relatively low but provided good support for the price rally at the end of the last fortnight. In the beginning of the last fortnight price of Nylon chips increased due to price hike in the feedstock market. In the second half of the last fortnight price of Nylon chips turned firm as demand increased and inquiry for buying increased moderately. By the end of the last fortnight most of the cargoes were sold and few Nylon chips producers increased their production rate also.

Sample Report | Full Report

Nylon filament yarn prices went up this time with nylon chip prices hiking and the cost pressure increasing in the Chinese domestic market. The offers from the suppliers went up in succession, mainly for POY and FDY. In terms of demand, although global economy continued to improve for several months, the recovery momentum was not very strong on the whole, so some producers had to consider run cuts, so as to reduce the use of chips and avoided risks.

Sample Report | Full Report

Cotton linter prices remained stable during the first half of this last fortnight in the Chinese domestic market despite a decline in some regions. The buyers were not ready to accept higher prices as they were less confident due to weakening viscose staple fibre market. Pulp market is covered with bearish sentiment during the first half in the Chinese domestic market in view of softening viscose staple fibre price. South African, Brazilian and Swedish pulp suppliers stopped offering temporarily.

Sample Report | Full Report

Viscose staple fibre prices has stabilised in China, after sharply rising earlier. Demand is declining along with a seasonally sliding textile production. The firm prevailing prices in raw material costs should however limit any sharp fall in viscose staple fibre prices in the short term. Viscose staple fibre prices remained largely stable whereas softened in some areas during the first half of this last fortnight in the Chinese domestic market. The decisive factor in the coming weeks will be downstream viscose spun yarn market trend.

Sample Report | Full Report

Viscose filament yarn prices remained stable during the first half of this last fortnight in Chinese domestic market. It is expected that there will be no significant changes in the short term. Since downstream producers witness unfavorable profits and they are unwilling to accept high-priced feedstock, viscose filament yarn price is hard to go up. Viscose filament yarn prices remained stable during the second half as well. Market prices are expected to remain steady and transactions will also remain low in the coming weeks.

Sample Report | Full Report

Cotton prices went down on speculation that that China, the world’s largest fibre user, will curb purchases from the U.S., the top exporter. Textile mills and cotton enterprises were apparently more enthusiastic in the auction and the sales rate increased greatly during the period. According to the experts, the cotton price in the second half of the year will depend on cotton output. Prices were declining in India and Pakistan as well during the first half of this last fortnight. Cotton prices stayed relatively stable during the second half of this last fortnight in New York, amid strong volatility.

Sample Report | Full Report

Demand was low but the market was however supported by a seasonal low in offering while the Australian dollar unusually declined. The market held onto the gains made last week after three weeks of falling prices. The trade reports that there was good competition, particularly for the better types. There was some increased activity from Europe as well this time. The current estimated offerings for the next two weeks have fallen progressively since first notified to the trade, raising some concerns about supply in this period when meat and sheep prices are very high.

Sample Report | Full Report