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Crude Oil In the last fortnight, selling offers for Crude oil prices showed a mixed sentiment due to rise in manufacturing activity in China and an increase in the U.S.A market Gross Domestic Product (GDP). In the second half, selling offers for Crude oil increased due to slower than expected industrial production in China on one hand, while on the other hand, an increase in Crude oil production by Saudi Arabia. Crude prices surged due to fuel inventory report brought out by the U.S.A market. Naphtha In the first half, the prices of Naphtha were steady due to firm energy market. During the first half of the last fortnight, Naphtha price opened with steady sentiment in Asian market. In N W European market, trading volume remained steady. In the second half, selling offers for Naphtha increased. In the beginning of the second half, selling offers for Naphtha opened with an optimistic sentiment. In Asian market, Taiwan and S Korea started building their inventories. Ethylene In the first half, selling offers for Ethylene were stable-to-firm in the global market, due to weak margins in downstream market and cautious buying interest. During the first half, selling offers for Ethylene surged in Asian market due to firm energy in the market and coupled with improved demand from downstream market. In the beginning of the second half, Ethylene prices increased in Asian market due to strong buying interest coupled with firm upstream energy market. Paraxylene Monoethylene Glycol In the early first half of the last fortnight, PX prices went up due to bullish sentiment. In Asian market, selling offers for PX surged up on the back of higher downstream demand coupled with firm energy market. In Asian market, selling offers for PX was stable due to weak support from downstream market. In European market, selling offers for PX declined due to bearish buying trend in the region and also due to poor support from the downstream market. During the first half of the last fortnight, MEG prices surged in Asian market due to improved buying sentiments in the region coupled with a surged in feedstock price. In Chinese market, selling offers for MEG surged due to firm feedstock prices. In early period of second half of the last fortnight, selling offers for MEG surged up in Asian market due to firm upstream energy values coupled with bullish buying sentiment in the region. Purified Terephthalic Acid During the first half, selling offers for PTA surged with improved buying sentiment and strong support from the downstream market. Selling offers for PTA surged in Asian markets due to surged in feedstock prices coupled with higher upstream energy value in the region. Selling offers for PTA increased with a steady pace, in the beginning of second half of the last fortnight, supported by improved buying trends in the region coupled with the strong demand from downstream market.

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Polyester Filament Yarn Polyester filament yarn market presented a firm appearance but prices remained stable due to sluggish demand from the downstream market in the Chinese domestic market. Polyester filament yarn market kept firm in tandem with feedstock market initially, but downstream demand failed to follow up with the market during the first half. Polyester filament yarn prices were relatively stable due to lack of support from the downstream market during the second half. PET Chips PET chips market remained flat but prices went up in tandem with the firm feedstock market in the Chinese domestic market during the first half of last fortnight. PET chips producers were under pressure amid high cost and subdued demand from downstream industry during the period. PET Chips market followed an upward trend and prices went up in line with firm feedstock market in the Chinese domestic market during the second half of last fortnight. Propylene In the last fortnight, selling offers for Propylene surged in the global market due to firm upstream energy market. Propylene price increased in Asian market due to improved the downstream demand. In the beginning of the second half, Propylene price increased in the global market due to firm energy. In Asian market, selling offers for Propylene surged due to firm upstream energy rates coupled with strong support from downstream market. Acrylonitrile In the first half of the last fortnight, selling offers for Acrylonitrile increased due to improved demand from downstream manufactures. ACN sellers firmly hold the prices, as availability of goods constrained and the availability of raw material remained thin. In the second half, selling offers for Acrylonitrile increased due to tight supply in market. In Asian market, selling offers for ACN surged due to tight product availability and coupled with firm feedstock prices.

Polyester Staple Fibre Polyester staple fibre prices went up due to firm feedstock market in the Chinese domestic market during the first half of last fortnight. Polyester staple fibre prices increased initially and then retreated back towards the end of the first half of this last fortnight in the Chinese domestic market. Polyester staple fibre prices remained stable due to subdued demand from the downstream market in the Chinese domestic market during the second half.

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Acrylic Staple Fibre Acrylic staple fibre market presented a modest appearance and prices remained stable due to moderate demand from the downstream buyers in the Chinese domestic market. Acrylic staple fibre prices were relatively stable but market sentiments remained lackluster and trading momentum was insipid during that period. Acrylic staple fibre prices maintained slight consolidation and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market during the second half. prices followed an upward trend in tandem with firm upstream value coupled with the gain recorded in Benzene prices in the U.S.A and Europe markets during the second half. In the European market, Benzene prices inched up in tandem with the firm energy rate coupled with the robust buying sentiments from the regions. Caprolactam CPL market showed firm performance and prices went up due to tight product availability during the first half. CPL market trading activities were relatively flat initially, which turned better toward the end of the first half of this last fortnight. During the second half in Asian markets, CPL market continued to follow an upward trend due to tight supply during that period. In CPL spot market, sources remained thin as some plants shutdown plants for maintenance during the second half.

Polypropylene In the first half, PP price remained firm in Asian market due to moderate buying sentiments in the region. During the second half, selling offers for PP in global market surged due to optimistic cues from Asian markets. Speculators of PP indicated firm sentiment as Asian market surged due to tight product availability and good support from the downstream market. PP prices increased in European market due to optimistic market fundamental and bullish regional buying trends.

Nylon Chips In the last fortnight, Nylon chips market declined marginally due to poor demand fundamentals. In the beginning of the first half, product inventories with the downstream manufactures were relatively high. Hence, buyers stayed apart from the market. During the second half, Nylon chips market opened with a stable trend. Nylon chip downstream converters maintained their plant operation rate at the lower level and price level remained flat. Nylon Filament Yarn Nylon filament yarn market showed a soft performance and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market during the first half. Nylon filament yarn prices were relatively stable due to lack of support from the downstream market during the first half. Nylon filament yarn prices remained stable due to lack of support from the downstream market and weak market fundamentals during the second half.

Benzene In Asia, Benzene market presented modest appearance and prices remained stable due to moderate demand from the downstream market during the first half. In the second half, Benzene

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prices declined amid lack of support from the downstream buyers and unfavorable market fundamentals during the first half. Viscose filament yarn market continued to maintain a weak tone and prices went down due to subdued demand from the downstream market in the Chinese domestic market. Spandex In the last fortnight, selling offer for Spandex increased. In the first half, demand for Spandex yarn used in weaving process increased, where as demand for Spandex used in knitting process also surged. Due to improved buying sentiment, this supported Spandex producers. In the second half, Spandex market opened with optimistic sentiment. In the beginning of the second half, firm feedstock prices and thin margin of suppliers allowed little room for price adjustment in spite of insipid trades. Cotton International cotton market followed an upward trend due to favorable market fundamentals during the first half. International cotton prices inched up due to continuous weak condition of US dollar during the first half. International cotton market moved up initially, which were range bound towards the end of the last fortnight. International cotton market remained firm as USDA reduced production of US and China during the second half. Wool Wool auction sales resumed in Australia from the winter recess to a very positive tone. Wool prices went up during the first half of last fortnight in Australia. With the Australian dollar having further slided during the recess, wool prices mostly fell in USD and EUR terms, by contrast. Whilst the number of bales put up for sale was relatively light in volume, the competition was very much evident to be less intense compared to the previous sales.

Cotton Linters & Pulp Cotton linter market presented a soft outlook and prices went down slightly due to subdued demand from the downstream cotton pulp market in the Chinese domestic market. Imported dissolving pulp market showed modest appearance and prices remained stable due to subdued demand during the first half. Cotton linter prices remained stable due to subdued demand in the Chinese domestic market during the second half. Dissolving pulp market showed modest performance and prices were relatively stable due to moderate demand. Viscose Staple Fibre Viscose staple fibre market maintained consolidation and prices went down due to subdued demand from the downstream market in the Chinese domestic market. Viscose staple fibre market presented soft outlook due to lack of support from the downstream buyers and weak market fundamentals during the first half Viscose staple fibre market showed soft outlook and prices went down due to subdued demand from the downstream market in the Chinese domestic market during the second half. Viscose Filament Yarn Viscose filament yarn market presented a weak outlook and prices went down due to subdued demand from the downstream market in the Chinese domestic market. Viscose filament yarn

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