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Pricesfree19 Nov 2018Mono ethylene glycol prices tumbled in Asian market to an 18-month low midweek amid bearish market sentiment due to lack of support from either upstream or downstream.
Pricesfree5 Nov 2018The US sanctions on Iran came into effect from midnight of 4 November, stopping nations from buying or selling to Iran. Iran is an oil-rich economy and many economies depend on Iran for its quality oil. India in particular has built refineries that can process on Iranian oil.
Pricesfree5 Nov 2018Polyester staple fibre prices declined to a 13-week low in China, following quick losses in feedstock prices and tepid demand. Domestic markets saw small parcels changing hands on rigid demand, while export offers also declined as discussions were at slightly lower levels.
Insightfree5 Nov 2018According to the latest USDA’s Weekly Export Sales Report of week ending 25 October, net sales reductions of 49,000 RB for 2018/2019 – a marketing-year low – were down noticeably from the previous week and from the prior 4-week average.
Pricesfree29 Oct 2018Logistics are adversely impacted by Rhine levels, and are on a week-long record low. However, more rainfall from the previous weekend was a silver lining, bringing slow recovery to water levels on Tuesday, said WSV and The German Federal Institute of Hydrology (BfG) on Friday.
