Tag Archives | polyester

PTA And PX Keep Sliding

By Malini Hariharan

Asian spot prices for polyester raw materials continued to fall last week as concern on lack of buying support from the China market where concerns about the health of the global economy dampened sentiment.

Purified terephthalic acid …

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MEG bucks the trend

By Malini Hariharan

There are some exceptions to the generally weak petrochemical markets seen in Asia these days and monoethylene glycol (MEG) is one such product.

Spot prices have hit a 44-month high of $1,275-1,280/tonne CFR China and are expected …

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Cotton corrects; will polyester follow?

By Malini Hariharan

After last year’s stunning rise, cotton prices have plunged 53% in the last four months from a 140-year peak of $2.15/lb on 4 March.

Prices have fallen 38% in July with cotton for December delivery quoted at …

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PTA Set To Suffer in 2011-14

By John Richardson

THE last 18 months has been stellar for the polyester chain thanks to tight supply upstream in paraxylene (PX) and purified terephthalic acid (PTA), record-high cotton prices and a booming economy in China.

But all good times must …

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China Power Woes Hit Chem Output

By Malini Hariharan and John Richardson

The power crisis in China, highlighted in this post last month and yesterday, has worsened and is likely to affect economic output in the second quarter.

More than 10 provinces, including Zhejiang, Hunan, Anhui, …

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Broad Commodities Sell-off Beckons

By John Richardson

THE blog remains extremely worried that there is about to be a major sell-off of commodities in general, including petrochemicals, as conditions right now feel very similar to those in 2008.

Whether we will face a systemic …

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PX/PTA prices spike as supply dries up

By Malini Hariharan

The paraxylene (PX)-purified terephthalic acid (PTA) market appears to be bearing the brunt of the Japanese earthquake and tsunami. Spot supplies of PX have dried up following the shutdown of three Japanese plants with a total capacity …

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PX: Still going strong

By Malini Hariharan

Paraxylene (PX) markets are on a roll. Prices have risen by 20% since the beginning of the year and were assessed at around $1,620/tonne cfr Asia late last week by ICIS pricing.

One contract nomination for March …

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NEW EO-Derivative Investments Planned For Singapore

 

 

 

Source of picture: chemindustry.org.sg

 

 

By John Richardson

NEW plants could be built in Singapore downstream of Shell Chemicals plans for optimising high-purity ethylene oxide (EO) production in the city state, the blog was told recently …

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Strong predictions for fibre intermediates

By Malini Hariharan

The blog is back in action and would like to wish its readers the very best for 2011.

The start of a new year is a time for forecasts. And ICIS pricing editors have been busy gauging …

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