Market Watch Synopsis of last (September 1-15, 2013) 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.

1. Presented by www.fibre2fashion.com
(Sep 1 - 15, 2013)
Crude Oil
In the beginning of the first half of last fortnight,
Crude oil prices increased due to fall in crude and
gasoline inventories at U.S.A. The price rise was
also supported by a decline in unemployment
benefit claims in U.S.A job index. In the second
half of last fortnight, Crude oil prices plunged as
U.S.A may reconsider its move for a military strike
on Syria. The fall in prices was also a result of a
rise in crude oil production in Libya and
smoothening of geopolitical conditions.
Naphtha
In the first half, Naphtha price went up in global
market. In the early last fortnight, Naphtha prices
opened with firm sentiment because of strong
demand in global markets. In Asian market
Naphtha prices went up due to improved demand
in F E Asian region and same as in European
market price increased supported by the gasoline
sector. In the beginning of the second half of last
fortnight, Naphtha prices surged due to tight
product availability.
Paraxylene
In the last fortnight, the selling offer for PX
declined. In the beginning of the first half, PX
market plunged marginally in Asian market due to
poor support from downstream market coupled
with weaker upstream energy value. PX prices
went down in European market mainly due to the
bearish buying activity and decreased PX values
in Asian market, which supported the price fall. In
the second half, PX price opened with firm
sentiment but due to bearish market
fundamentals, trading price could not sustain the
higher level.
Purified Terephthalic Acid
In the last fortnight the selling offers for PTA was
range bound. During the first half, selling offers for
PTA declined in line with dull buying pulse and
unworkable costs of feedstock. In the second half,
selling offers for PTA remained stable. In the
beginning of the second half, PTA prices slumped
down slowly due to cautious attitude from traders.
During the second half, selling offers for PTA
declined marginally in Asian markets due to dull
buying pulse and ease of feedstock costs coupled
with plentiful availability of PTA.
Ethylene
In the last fortnight price of Ethylene increased
with steady pace as demand strengthened.
Ethylene prices increased in Asian markets due to
higher upstream energy value and coupled with
tight product availability. In the second half price
of Ethylene continued increase, significantly in
Asian markets due to tight product availability
coupled with strong support from the downstream
markets. In European market, selling offers for
Ethylene declined due to bearish demand and dull
buying sentiment in the region.
Monoethylene Glycol
MEG price volatile action in the last fortnight. In
Asian markets selling offers for MEG went down
due to dull buying sentiment with poor demand. In
the second half, MEG price remained range
bound due to downstream sectors remained dull.
In the beginning of the last fortnight, MEG market
was stable in Asian markets due to fall in energy
value with softer feedstock prices. In U.S.A
market, selling offers for MEG also stayed steady
due to firm feedstock price.

2. Presented by www.fibre2fashion.com
(Sep 1 - 15, 2013)
PET Chips
PET chips market fluctuated and prices remained
stable due to subdued demand from the
downstream market in the Chinese domestic
market during the first half. PET chips producers
released stable offers during the period. On the
other side, downstream buyers were cautious and
purchased in need-to-basis in a small volume.
PET chips market continued to maintain a weak
tone and prices remained stable due to sluggish
demand from the downstream market in the
Chinese domestic market during the second half.
Polyester Staple Fibre
Polyester staple fibre prices remained stable due
to sluggish demand in the Chinese domestic
market during the first half. Polyester staple fibre
prices kept stable in tandem with weak feedstock
market and unfavorable market fundamentals
during the first half in the Chinese domestic
market. Polyester staple fibre prices kept stable
due to lack of support from the downstream
buyers and weak market fundamentals during the
second half.
Polyester Filament Yarn
Polyester filament yarn market maintained
modest outlook and prices stayed stable due to
moderate demand from the downstream market in
the Chinese domestic market. PFY prices
remained unchanged due to lack of support from
the downstream market and weak market
fundamentals during the first half. Polyester
filament yarn market showed sign of improvement
initially as downstream plants showed some
interest in replenishment but market cooled down
gradually towards the end of the second half.
Propylene
In the last fortnight, selling offers for Propylene
inched up slowly. In the beginning of the first half,
Propylene price opened with uncertain sentiment,
as downstream demand was steady in U.S.A
market, while in Asian and European market,
selling offers firm up due to limited availability.
During the second half, selling offers for
Propylene in Asia and European market price
went up, while it declined in U.S.A market. In the
beginning of the second half, Propylene price
surged up in Asian market due to tight product
availability and bullish buying trend.
Acrylonitrile
In the first half, ACN price increased because of
favorable fundamentals in upstream as well as in
downstream markets. ACN price increased with
the help of tight supply and firm feedstock prices.
In the second half, ACN offers maintained bullish
trend with firm support of availability tightness,
good demand, and hike in contractual prices. In
Asian market, selling offers for ACN surged due
to many of ACN producers were planning to shut
their plants, therefore fundamentally sellers were
bullish and targeted price hike.

3. Presented by www.fibre2fashion.com
(Sep 1 - 15, 2013)
Acrylic Staple Fibre
Acrylic staple fibre market presented slight
consolidation and prices remained stable due to
moderate demand from the downstream buyers in
the Chinese domestic market. Acrylic staple fibre
market sentiments improved somewhat but prices
remained stable due to lack of support from the
downstream buyers during the first half. Acrylic
staple fibre market recovered somewhat but
prices remained stable due to subdued demand
from the downstream buyers in the Chinese
domestic market during the second half.
Polypropylene
In the last fortnight, selling offers for PP moved
upward. In the beginning of the last fortnight,
many PP producing firm revised their price up due
to bullish feedstock market. Sellers preferred to
hold their goods as traditional cracker outage
season was on the edge in Asian region, and
would trigger a climb in regional olefin market. In
the beginning of the second half of the last
fortnight, selling offers for PP surged up in Asian
market due to tight product availability coupled
bullish buying trend.
Benzene
In Asia, Benzene market improved and prices
went up due to robust buying sentiments from the
downstream buyers coupled with the firm energy
value during the first half. In the Rotterdam
market, Benzene prices moved up due to strong
buying momentum witnessed in the region. In the
second half, Benzene prices followed an upward
trend due to improved buying sentiments in the
region. In the U.S.A market, Benzene prices
remained stable amid moderate demand from the
downstream buyers.
Caprolactam
CPL market improved and prices went up slightly
due to robust demand from the downstream
market during the first half. During the second half
of last fortnight in Asia, CPL market continued to
follow an upward trend due to firm demand from
the downstream buyers during the period. CPL
market sentiments remained firm and trading
activities improved as downstream buyers actively
participated in buying intentions in the beginning
of the second half.
Nylon Chips
In the last fortnight, Nylon Chip prices opened
with firm sentiment supported by robust feedstock
prices. During the first half, selling offers for Nylon
Chip continued to adjust up and trading prices
were increased gradually. In the last fortnight,
Nylon chips market surged due to privileged
support from market fundamentals, selling offers
for Nylon chip surged marginally due to bullish
buying sentiment from downstream market as
well as due to strong upstream support.
Nylon Filament Yarn
Nylon filament yarn market recovered somewhat
but prices remained stable due to moderate
demand from the downstream buyers in the
Chinese domestic market during the first half of
last fortnight. 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 and demand

4. Presented by www.fibre2fashion.com
(Sep 1 - 15, 2013)
remained subdued from the downstream market
during the second half.
Cotton Linters & Pulp
Cotton linter market presented modest outlook
and prices remained stable due to moderate
demand from the downstream cotton pulp market
in the Chinese domestic market. Imported
dissolving pulp market recovered somewhat but
prices remained stable due to moderate demand
during the first half. Cotton linter market
presented a weak outlook and prices remained
stable-to-soft due to subdued demand in the
Chinese domestic market during the second half.
Dissolving pulp market presented a soft outlook
and prices were relatively stable due to moderate
demand from the downstream buyers.
Viscose Staple Fibre
Viscose staple fibre market maintained a weak
tone and prices remained stable-to-soft due to
subdued demand from the downstream market in
the Chinese domestic market. Viscose staple fibre
trading sentiments remained lackluster and
trading activities were scarce amid uncertain
market fundamentals during the first half. Viscose
staple fibre market consolidated and prices
remained stable-to-soft 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 soft
outlook and prices went down due to subdued
demand from the downstream market in the
Chinese domestic market. Viscose filament yarn
prices declined due to weak support from the
downstream buyers and unfavourable market
fundamentals during the first half. Viscose
filament yarn market continued to follow a
downward trend and prices went down due to
subdued demand from the downstream market in
the Chinese domestic market in the second half.
Spandex
In the last fortnight, selling offers for Spandex
increased. In the first half, Spandex market
surged marginally in Asian markets. In the first
half of the last fortnight, Spandex price opened
with firm sentiment as demand was moderate and
supply was intermittent. In Chinese market,
demand for course and medium count improved
but buying orders were not in full swing, remained
major hurdle for price rally. In the second half,
Spandex price increased in Chinese export and
domestic markets.
Cotton
International cotton market followed down slightly
due to weak market fundamentals during the first
half of this last fortnight. In China, cotton market
remained sluggish amid lackluster market
sentiments and insipid trading activities during
that period. International cotton market followed
an upward trend due to favorable market
fundamentals during the second half. In China,
cotton market fluctuated in a narrow range amid
unclear market outlook during that period.
Wool
Wool market followed an upward trend in
Australia market during the first half of last
fortnight. Wool market followed a downward trend
in Australia market during the second half of last
fortnight.
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Ms. Pinky Roshan
Mobile: +91-990.994.1402
Email: pinky@fibre2fashion.com