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Textile Market Watch Synopsis_Nov 02_14.pdf

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Market Watch Synopsis of last ( October 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. http://goo.gl/xKjeBq
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    Presented by  www.fibre2fashion.com   (Oct 15 - 31, 2014)    Crude Oil During the first half of last fortnight, Crude oil prices went down due to surged in US crude oil and gasoline inventories coupled with weaker global demand forecast for crude oil. Crude oil prices went up during the second half because of gains in a key US consumer confidence index coupled with fall in US gasoline and distillate inventories. The Crude oil price rise was also supported by a statement from OPEC Secretary-General who downplayed reports of a supply glut of crude oil. Naphtha During the first half of the last fortnight, Naphtha prices went down in global market due to plunge in crude oil prices and overflow in regional supply coupled with poor energy market. During the second half of last fortnight, Naphtha prices declined marginally poor upstream energy value coupled with thing trading activities in the region. Selling offers for Naphtha decreased in both  Asian and European market due to ample of product availability. Paraxylene In the first half of last fortnight, PX prices slipped due to weaker feedstock costs coupled with dull buying sentiments in the market. Fall in the upstream energy values also contributed to the fall in the PX prices in Asia. In the second half of last fortnight, PX prices went down due to weak energy market. During PX prices declined on account of mute buying sentiments in the market. Overall, PX prices declined in Asian market, U.S.A and European market during the second half of last fortnight. Purified Terephthalic Acid During first half of the last fortnight, PTA prices declined on account of weak market sentiments. Sluggish buying demand along with poor downstream demand has resulted in declining PTA prices in the region. During the second half of last fortnight, selling offers for PTA surged due to rise in upstream energy values and limited product availability in the region. Overall, PTA prices surged in Asian market while prices remained stable in U.S.A market and European market during the second half. Ethylene During the first half of this last fortnight, Ethylene prices declined due to bearish market sentiments. Weak demand and declining downstream prices in the region have contributed to the weakening of prices in the Asian market. During the second half, Ethylene prices continued to decline further on account of sufficient product availability, weak demand and sluggish upstream and downstream market. Ethylene prices declined in Asia, U.S.A and European market during the second half. Monoethylene Glycol During the first half of this last fortnight, MEG prices surged due to improved buying sentiments. In European domestic market selling offers for MEG kept inert due to mute buying sentiments. In the second half of last fortnight, MEG price increased in Asia due to improve buying interest and expected reduction in supply in November. In European market, selling offers for MEG remained steady despite weak feedstock market and dull buying sentiments.    Presented by  www.fibre2fashion.com   (Oct 15 - 31, 2014)    PET Chips PET chips market showed modest outlook and prices followed a downward trend due to moderate demand in the Chinese domestic market during the first half. Majority of PET chips producers revised down offer prices during the period. PET fibre chips market showed modest outlook and prices remained stable due to sluggish demand from the downstream buyers in the Chinese domestic market during the second half. PET chips market weakened as downstream buyers showed limited buying indications and kept wait-and-see stance during the second half. Polyester Staple Fibre Polyester staple fibre market maintain a soft outlook and prices went down due to subdued demand from the downstream market in the Chinese domestic market during the first half. Polyester staple fibre market remained lacklustre and trading activities were moderate during that period. Polyester staple fibre market presented a modest outlook and prices remained stable due to moderate demand from the downstream buyers in the Chinese domestic market during the second half.  Polyester Filament Yarn Polyester filament yarn market followed downward trend and prices went down due to subdued demand from the downstream buyers in the Chinese domestic market. Polyester filament yarn producers revised offer prices down during the period. On the other side, downstream buyers were cautious and kept sideline stance during the first half. Polyester filament yarn market improved somewhat in tandem with firm feedstock market and good support from the downstream in the begging of the second half in the Chinese domestic market. Propylene In the beginning of the last fortnight, propylene price declined. In Asian markets selling offers for Propylene price declined due to dull regional buying trends and weaker raw material prices. During the last fortnight, selling offers for propylene went down with poor energy market. In the second half, propylene price declined in Asian market due to thin trading activity in the region. In U.S.A market, selling offers for Propylene declined due to weak upstream energy value coupled with declined in feedstock prices and sluggish downstream demand. Acrylonitrile In the first half of the last fortnight, ACN prices slipped due to sluggish buying sentiments and weak feedstock market in the region. In the U.S.A market, selling offers for ACN declined due to kept weak buying sentiments. In the second half of last fortnight ACN prices further declined due to weak demand and bearish feedstock market in  Asia. In U.S.A market, ACN prices declined due to bearish cues from the ACN markets in Europe and Asia.    Presented by  www.fibre2fashion.com   (Oct 15 - 31, 2014)    Acrylic Staple Fibre  Acrylic staple fibre market showed modest outlook and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market. Acrylic staple fibre market remained range bound and prices were almost stable as downstream demand failed to improve with market during the first half. Acrylic staple fibre market showed modest outlook and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market during the second half. Polypropylene In the beginning of the first half, 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 S E Asian market. In the second half of last fortnight, PP price declined. In Asian market, selling offers for PP went down due to weak energy in market coupled with bearish buying sentiments. In the U.S.A market selling offers for PP declined due to weak upstream energy value.  Benzene In Asian market, Benzene market presented a soft outlook and prices went down due to subdued demand from the downstream buyers and weak market fundamentals during the period. Benzene market went down in Asia, Europe and in U.S.A market during the first half. In the second half of last fortnight, Benzene market showed weak energy in market and prices declined due to weak buying sentiments coupled with pessimistic market fundamental. Caprolactam CPL market showed soft outlook and prices went down due to sluggish demand from the downstream buyers during the first half. CPL prices went down in tandem with weak feedstock market and bearish market fundamentals during the first half. During the second half 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. Nylon Chips During the first half, Nylon chips prices declined on account of sluggish demand and weak upstream market. The market portrayed weak sentiments along with sluggish trading activities. During the second half, Nylon chips prices declined due to weak market fundamentals. Prices reduced on account of weak demand. Trading was thin and very few deals closed in the second half. In the second half, demand for nylon chips remained weak, with sluggish trading activity. 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 Chinese domestic market during the first half. Nylon filament yarn market maintained weak tone and prices were relatively stable due to lack of support from the downstream buyers and unfavourable market fundamentals during the second half. Nylon filament yarn market    Presented by  www.fibre2fashion.com   (Oct 15 - 31, 2014)    sentiments remained insipid and trading activities were scarce during that period. Cotton Linters & Pulp Cotton linter market showed soft appearance and prices went down due to subdued demand from the downstream buyers in the Chinese domestic market. Imported dissolving pulp market presented soft outlook and price remained stable due to subdued demand from the downstream market during the first half. Cotton linter market continued to maintain a modest outlook and prices remain almost stable due to sluggish demand from the downstream market in the Chinese domestic market during the second half. Imported dissolving pulp market showed modest appearance and prices remained stable due to moderate demand from the downstream buyers during the second half.  Viscose Staple Fibre Viscose staple fibre market showed soft outlook and prices were relatively stable due to subdued demand from the downstream buyers during the first half. Viscose staple fibre market continue to maintained soft outlook and prices remained stable due to moderate demand from the downstream market in the Chinese domestic market during the second half. Viscose staple fibre remained lacklustre and prices were relatively stable as downstream buyers showed limited buying indications during the second half. Viscose Filament Yarn Viscose filament yarn market continued to maintain a weak appearance and prices remained stable due to moderate demand from the downstream buyers in the Chinese domestic market. Viscose filament yarn market showed firm appearance and prices remained stable due to moderate demand from the downstream buyers in the Chinese domestic market. Viscose filament yarn market recovered and trading improved downstream players replenished stocks gradually during the second half. Spandex In the first week of the last fortnight, Spandex prices remained stable. The market saw thin trading activity with flat sales. Also the market witnessed tight product supply. In the second half, Spandex prices maintained inert. Buyers had resistant sentiment and bought only in few quantities. The market witnessed only a few closed deals and less trading activities. Spandex buyers were cautious and purchased goods only on need basis. Weaving plants were hesitant to refill stocks but refilled only on need basis. Cotton International cotton market showed soft performance and prices went down due to lacklustre trading activities and unclear market outlook during the first half. In India, Cotton market maintained a weak tone and prices went down due to sluggish demand from the downstream buyers and dull trading activities during the first half. International cotton market followed upward trend and prices increased due to firm demand from the downstream buyers and strong market fundamentals during the second half.  Wool Wool market increased in Australia market during the first half of last fortnight. Wool market decreased in Australia market during the second half of last fortnight. Contact us to get the complete latest issue of the report: Ms. Pinky Roshan   Mobile:  +91-990.994.1402 Email:  pinky@fibre2fashion.com 
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