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Crude Oil During the first half of last fortnight, selling offers for Crude oil prices went down due to rise in the value of U.S.A dollar coupled with the fall in U.S.A equity indices. During the second half of last fortnight, selling offers dipped for Crude oil, as prices plunged due to Libya resuming crude oil exports. The decline in prices was also a result of the restart of operations at the Sharara oil field in Libya. Oil production in the country had been hindered in recent months by political unrest and seizure of oil ports by rebels. Naphtha In the first half of last fortnight, selling offers for Naphtha followed volatile action in global market. In the beginning, selling offers for Naphtha opened with an optimistic sentiment in Asian market. In the second half of last fortnight, Naphtha prices declined. In the beginning of the second half of the last fortnight, price of Naphtha opened with steady sentiments in Asian market due to mute buying sentiments. By the end of last fortnight, Naphtha prices continued to decline in line with bearish energy market. Purified Terephthalic Acid In the last fortnight price of PTA went down due to pessimistic market fundamental and maintained weak position throughout the last fortnight. In Asian market, selling offers for PTA went down due to poor upstream energy values and weakening buying interests. During the second half of the last fortnight, selling offers for PTA remained volatile. During the period, selling offers for PTA went down in Asian market due to bearish feedstock prices.

Ethylene In the last fortnight, prices of Ethylene went up due to bullish upstream energy market. During the period, Ethylene prices increased in Asian market due to continued tight supplies in the region. During the second half, Ethylene prices went up in tandem with bullish upstream markets. In Asian market, selling offers for Ethylene increased on the back of tight supply situation in the region. In the European domestic market, selling offers for Ethylene increased due to firm buying sentiments. Monoethylene Glycol

Paraxylene During the last fortnight, PX prices declined. During the first half, PX price went down in Global markets due to bearish feedstock prices and weak energy in market. In the beginning of the last fortnight PX prices went down in Asian market due to ample availability coupled with bearish downstream demand. In the second half of the last fortnight, PX prices went down further due to mute buying sentiments. In Asian markets, selling offers for PX plunged due to poor upstream energy value.

During the last fortnight, MEG prices declined in the global market due to bearish market fundamentals. In Asian markets MEG prices went down due weak demand. In European market, selling offers for MEG went down due to weak energy in market. In the second half of the last fortnight, selling offers for MEG plunged in global market. During the second half of the last fortnight, selling offers for MEG declined in Asian market due to poor upstream energy value coupled with bearish demand.

(Jan 1 - 15, 2014)

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Polyester Filament Yarn Polyester filament yarn market presented weak appearance and prices remained stable due to subdued demand from the downstream market in the Chinese domestic market. Polyester filament yarn prices shivered in a narrow range in tandem with weal feedstock market in the Chinese domestic market during the first half. Polyester filament yarn market prices were relatively stable due to sluggish demand from the downstream buyers and weak market fundamentals during the second half. PET Chips PET chips market showed weak appearance and prices remained stable due to subdued demand from the downstream market in the Chinese domestic market during the first half. PET fibre chips market showed a weak outlook and prices went down marginally due to sluggish demand from the downstream buyers in the Chinese domestic market during the second half of last fortnight. PET chip prices declined due to weak market fundamentals during the second half. Propylene In the last fortnight, propylene prices showed mixed sentiments in the global market. In the beginning of last fortnight propylene price opened with steady sentiments due to firm energy market. During the last fortnight price of Propylene increased due to optimistic market fundamental. In the second half, selling offers for Propylene in Asian market increased due to tight supply in the region. In N W European market, selling offers for Propylene surged due to improved buying sentiments. Acrylonitrile In the first half price of Acrylonitrile increased due to costlier feedstock prices. In the early last fortnight, ACN price increased in Asian market due to higher feedstock prices coupled with tight availability. In the second half of the last fortnight ACN price continued to remain firm. In Asian markets selling offers for ACN increased due to limited availability caused by reduced production rates which prompted sellers to revise their rates higher sharply. Polyester Staple Fibre Polyester staple fibre presented a weak outlook due to the subdued demand from downstream market in the Chinese domestic market during the first half of last fortnight. Polyester staple fibre prices went down due to unfavourable market fundamentals and lack of support from the downstream buyers during the second half of last fortnight. Polyester staple fibre market maintained a weak tone and prices went down in line with weak feedstock market.

(Jan 1 - 15, 2014)

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Acrylic Staple Fibre Acrylic staple fibre market presented weak outlook and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market. Acrylic staple fibre market kept firm and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market during the second half. Acrylic staple fibre market showed a sign of improvement in line with firm feedstock market but downstream demand failed to improve with market during the second half. coupled with weak upstream energy value during the first half of last fortnight. In the second half of last fortnight, Benzene market showed firm appearance and prices went up due to farmable market fundamentals during the second half. The prices increased mainly support by the prices rise in U.S.A and Europe regions during that period. Caprolactam CPL market presented modest outlook and prices remained stable due to subdued demand from the downstream buyers during the first half of last fortnight. During the second half of last fortnight in Asia, CPL market presented modest performance and prices were relatively stable due to moderate demand from the downstream buyers during that period. CPL market remained lackluster due to bearish market sentiments during the second half.

Polypropylene In the last fortnight, PP prices showed mixed sentiments in the market. Prices remained volatile due to correction in raw material prices. In U.S.A market, selling offers for PP surged marginally due to firm upstream energy value. In the second half of the last fortnight, PP price kept inert due to demand from downstream was steady in the market. In European market, selling offers for PP kept stable. In the U.S.A domestic market, selling offers for PP kept steady due to mute buying sentiments.

Nylon Chips In the last fortnight price of Nylon chips increased in the global markets. Price hike in Nylon chips was mainly due to increased in feedstock price. In the second half of the last fortnight, offers in Nylon chips market remained firm, as sellers were highly cautious for their margins. By the end of last fortnight, demand remained moderate as buyers adopted wait and watch stance. Sellers were left with no other option other than lucrative offers to boost demand. Nylon Filament Yarn Nylon filament yarn market presented weak appearance 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 sluggish demand from the downstream buyers and unfavourable market fundamentals during the second half of last fortnight. Nylon filament yarn market showed no sign improvement amid weak market sentiments during the second half.

Benzene In Asian market, Benzene market presented modest outlook and prices remained stable due to moderate demand from the downstream buyers

(Jan 1 - 15, 2014)

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Viscose Filament Yarn Viscose filament yarn market showed slight fluctuation but prices were relatively stable due to subdued demand from the downstream in the Chinese domestic market. Viscose stable fibre traders focused more on withdrawing capital as trading activities remained lackluster during the first half. Viscose filament yarn market followed a weak tone, as downstream buyers were cautious and purchased goods on need-to-basis in small volume amid weak market outlook during the second half. Cotton Linters & Pulp Cotton linter market showed weak appearance and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market. Imported dissolving pulp market presented modest outlook and prices remained stable due to subdued demand from the downstream market during the first half. Cotton linter market presented weak appearance and prices were relatively stable due to subdued demand from the downstream market in the Chinese domestic market during the second half. Imported dissolving pulp market showed no major changes and prices were relatively stable due to moderate demand from the downstream buyers during the second half. Viscose Staple Fibre Viscose staple fibre market maintained a weak consolidation and prices were relatively stable due to lack of support from the downstream buyers and weak market fundamentals during the first half. Viscose staple fibre market improved but prices remained stable due to moderate demand from the downstream market in the Chinese domestic market during the second half. Viscose staple fibre producers kept stable offer prices during that period. Spandex In the first half of last fortnight, selling offers for Spandex remained mostly stable. In the beginning of the first half, sales volume was favorable due to festive season and inventories with the plant decreased. In the second half of the last fortnight, selling offers for Spandex remained stable as market opened with optimistic fundamentals. Demand for Spandex yarn remained stable as operational level of downstream weaving plant remained unchanged. Cotton International cotton market remained firm but transaction remained lackluster as downstream buyers showed limited buying indications during the first half. In China, cotton market showed weak performance and market sentiments remained lackluster due to lack of support from the downstream buyers during the first half. In India, Cotton market improved due to robust demand from the domestic and export market, and declined arrivals. In India, cotton market followed an upward trend in tandem with firm demand and tight supply from the downstream buyers during that period. Wool Wool market remained closed amid News year approaching in Australia, and South Africa market during the first half of last fortnight. Wool market followed a downward trend 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

(Jan 1 - 15, 2014)

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