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Pricesfree22 Oct 2018MEG markets in Asia continued to remain under correction this week, and prices fluctuated, down from the previous week.
Pricesfree22 Oct 2018Cotton futures were mixed again and held well considering the dismal US export sales report as traders tried to decide on the direction of the market for the short-term
Polyester filament yarn prices were hiked in China across specs and luster as the market became more active with procurement in the domestic market
Insightfree8 Oct 2018According to the latest USDA’s Weekly Export Sales Report of week ending 27 September, net sales of 21,800 RB for 2018-19 – a marketing-year low – were down 69% from the previous week and 74% from the prior four-week average.
Pricesfree1 Oct 2018As the US$250bn US trade tariffs implemented US$110bn from China, events have started showing up and some early casualties were noted in the trade war. In the US, chemical projects that are export-oriented and planned with the huge China market in mind, their owners are now reviewing these plans.
Pricesfree1 Oct 2018Polyester filament yarn prices declined in China this week while they rolled over in India and Pakistan. In China, given the softness in upstream purified terephthalic acid prices, local PFY prices were generally down while trading activities were mixed between producers and sellers.
Pricesfree1 Oct 2018Mono ethylene glycol prices firmed up in Asian markets on the buoyant buying sentiment as downstream producers rushed to stock up ahead of the Golden Week holiday. In China, the wait-and-watch stance weakened gradually as there were lesser polyester producers amid maintenance this week.
Insightfree1 Oct 2018According to the latest USDA’s Weekly Export Sales Report of week ending 20 September, net sales of 70,300 RB for 2018-19 – a marketing-year low – were down 28% from the previous week and 33% from the prior four-week average
Pricesfree1 Oct 2018Cotton Futures weakened in response to another bad week for the US export sales report. Export demand dropped in the last few weeks as the world is focused on the US cotton crop and await prices to drop further due to lost Chinese demand for US Cotton. Waters have started receding in the Carolinas, although some major flooding was reported near the rivers and coastal areas in South Carolina.
