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Presented by www.fibre2fashion.com (Nov 15 - 30, 2013) Crude Oil In the last fortnight, selling offers for Crude oil followed mixed sentiments because of decline in the values of the U.S.A greenback on one hand and raised crude and gasoline inventories on the other. A crude oil trader informed that crude prices increased as the fuel inventory report brought out by the U.S.A Energy Information Administration (EIA) for the week that ended on November 15, 2013 stated that gasoline inventories fell. In the second half, selling offers for Crude oil were volatile in action due to fall in crucial U.S.A consumer index on one hand and a decline in the value of the U.S.A dollar on the other hand. Naphtha In the early half, selling offers for Naphtha in Asian market firmed as many companies maintained their operational rate at the lower side. In European market, Naphtha price was firm too, due to tight availability created by multiple refinery outages. Market players attributed firmer spot for naphtha prices due to increased demand for the feedstock. In the second half, selling offers for Asian Naphtha increased and touched the highest level in last Nine month due to tighter supply situation. Paraxylene In the last fortnight, selling offers for PX declined due to poor energy market. In the last fortnight, selling offers for PX plunged in Asian market due to weak upstream energy value and coupled with ample of product availability. In the second half of the last fortnight, PX prices increased due to improved demand. In Asian markets, selling offers for PX surged due to limited product availability coupled with improved buying sentiments. Purified Terephthalic Acid In the last fortnight, selling offers for PTA followed mixed sentiment in global market. In the first half of the last fortnight, PTA prices went down in Asian market due to weak demand and coupled with poor feedstock price. During the second half, selling offers for PTA went down in line with dull buying pulse. In the beginning of the second half of the last fortnight, selling offers for PTA declined in Asian market due poor feedstock prices. Ethylene In the last fortnight, selling offers for Ethylene were volatile in action. In the beginning of the first half, Ethylene prices went down in Asian market due to sluggish buying sentiments in the region. During the second half, Ethylene prices opened with steady sentiment and maintained the level despite fluctuations in the energy market. In Asian market, selling offers for Ethylene were dead lock in situation due to steady buying sentiment. Monoethylene Glycol In the beginning of the last fortnight, MEG market opened with stable sentiments. In Asian markets MEG prices declined due to lackluster buying trends coupled with a fall in feedstock prices. During the second half, selling offers for MEG exhibited deadlock situation in global market. In the beginning of the second half of the last fortnight, selling offers for MEG were steady in action with Asian, European markets and U.S.A market.

Market Watch Synopsis Dec 02 13

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Market Watch Synopsis of last (November 15-30, 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.

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Page 1: Market Watch Synopsis Dec 02 13

Presented by www.fibre2fashion.com

(Nov 15 - 30, 2013)

Crude Oil In the last fortnight, selling offers for Crude oil followed mixed sentiments because of decline in the values of the U.S.A greenback on one hand and raised crude and gasoline inventories on the other. A crude oil trader informed that crude prices increased as the fuel inventory report brought out by the U.S.A Energy Information Administration (EIA) for the week that ended on November 15, 2013 stated that gasoline inventories fell. In the second half, selling offers for Crude oil were volatile in action due to fall in crucial U.S.A consumer index on one hand and a decline in the value of the U.S.A dollar on the other hand. Naphtha In the early half, selling offers for Naphtha in Asian market firmed as many companies maintained their operational rate at the lower side. In European market, Naphtha price was firm too, due to tight availability created by multiple refinery outages. Market players attributed firmer spot for naphtha prices due to increased demand for the feedstock. In the second half, selling offers for Asian Naphtha increased and touched the highest level in last Nine month due to tighter supply situation.

Paraxylene In the last fortnight, selling offers for PX declined due to poor energy market. In the last fortnight, selling offers for PX plunged in Asian market due to weak upstream energy value and coupled with ample of product availability. In the second half of the last fortnight, PX prices increased due to improved demand. In Asian markets, selling offers for PX surged due to limited product availability coupled with improved buying sentiments.

Purified Terephthalic Acid In the last fortnight, selling offers for PTA followed mixed sentiment in global market. In the first half of the last fortnight, PTA prices went down in Asian market due to weak demand and coupled with poor feedstock price. During the second half, selling offers for PTA went down in line with dull buying pulse. In the beginning of the second half of the last fortnight, selling offers for PTA declined in Asian market due poor feedstock prices.

Ethylene In the last fortnight, selling offers for Ethylene were volatile in action. In the beginning of the first half, Ethylene prices went down in Asian market due to sluggish buying sentiments in the region. During the second half, Ethylene prices opened with steady sentiment and maintained the level despite fluctuations in the energy market. In Asian market, selling offers for Ethylene were dead lock in situation due to steady buying sentiment. Monoethylene Glycol In the beginning of the last fortnight, MEG market opened with stable sentiments. In Asian markets MEG prices declined due to lackluster buying trends coupled with a fall in feedstock prices. During the second half, selling offers for MEG exhibited deadlock situation in global market. In the beginning of the second half of the last fortnight, selling offers for MEG were steady in action with Asian, European markets and U.S.A market.

Page 2: Market Watch Synopsis Dec 02 13

Presented by www.fibre2fashion.com

(Nov 15 - 30, 2013)

PET Chips PET chips market showed soft 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 weakened and prices remained stable due to sluggish demand from the downstream buyers in the Chinese domestic market during the second half. PET chips market remained flat and prices were relatively stable as downstream demand failed to improve as anticipated during the second half.

Polyester Staple Fibre Polyester staple fibre market showed soft outlook and prices remained almost stable due to subdued demand from the downstream market in the Chinese domestic market during the first half. Majority of polyester staple fibre producers kept stable offer prices and some of them offered discount in order to increase sales during that period. Polyester staple fibre market maintained consolidation and prices remained stable due to subdued demand from the downstream market in the Chinese domestic market during the second half.

Polyester Filament Yarn Polyester filament yarn market showed weak appearance and prices went down due to subdued demand from the downstream market in the Chinese domestic market. Polyester filament yarn prices declined in tandem with weak feedstock market and lack of support from the downstream buyers. Polyester filament yarn market maintained a weak consolidation and prices declined in tandem with weak feedstock market coupled with unfavourable market fundamentals during the second half Propylene In the last fortnight, selling offers for Propylene were volatile in action. In Asian market, selling offers for Propylene prices went down due to Ample of product availability and softer buying interest in the region supported by the price fall. In the last fortnight, selling offers for Propylene remained unchanged. In the second half of the last fortnight, Propylene prices kept steady in Asian market due to mute buying sentiments in the region. Acrylonitrile In the last fortnight, selling offers for ACN declined. ACN price went down in Asian market due to weak regional buying sentiments coupled with bearish downstream demand trends, in the region. In the second half, ACN prices remained declined. Selling offers for ACN plunged in Asian market, due weak buying sentiments like in China coupled with a drop in feedstock prices. In the European market, selling offers for ACN declined due to sluggish buying momentum and coupled with bearish cues from Asia and the US.

Page 3: Market Watch Synopsis Dec 02 13

Presented by www.fibre2fashion.com

(Nov 15 - 30, 2013)

Acrylic Staple Fibre Acrylic staple fibre market presented a soft outlook and prices remained stable due to subdued demand from the downstream buyers in the Chinese domestic market during the first half. Acrylic staple fibre market sentiments remained lackluster and trading activities were scarce during the period. Acrylic staple fibre market showed weak appearance and 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, PP price were volatile in action. In the early last fortnight, PP prices opened with steady sentiments in Asian market due to kept inert in feedstock prices. In the second half, PP prices remained stable in global market. Spot PP prices recorded remained steady in major markets including Asia, Europe and U.S.A over the last fortnight, mainly due to stable in buying sentiments. In the U.S.A domestic market, selling offers for PP remained unchanged due to firm energy market.

Benzene In Asia, Benzene market prices went up due to robust buying sentiments from the downstream market during the first half. In the Rotterdam

market, Benzene prices increased in tandem with robust demand from the downstream buyers and tight product availability reported in the region. In the second half, Benzene market continued to follow an upward trend due to robust buying sentiments in global market along with and firm energy prices during the second half. Caprolactam CPL market showed a soft outlook and prices went down due to subdued demand from the downstream buyers during the first half. CPL market sentiments remained dreary and trading activities were scarce as downstream buyers showed no high enthusiasm during the first half. During the second half in Asia, CPL market continued to follow a downward trend and prices went down due to sluggish demand from the downstream market.

Nylon Chips Nylon Chips price declined in the last fortnight due to gloomy market fundamentals. Downstream buyers maintained bearish mood as upstream market situation remained weak. Even purchasing from textile sector was weak as demand from lining market declined. During the second half, Nylon chip market went down. In the beginning of the second half of the last fortnight Nylon chip buyers lacked confidence, maintained very low trading volume in the market. Nylon Filament Yarn Nylon filament yarn market showed weak performance and prices went down due to subdued demand from the downstream buyers in the Chinese domestic market during the first half. Some Nylon filament yarn producers curtailed production in order to reduce inventory pressure during that period. Nylon filament yarn prices were relatively stable due to sluggish demand from the downstream buyers amid weak market fundamentals during the second half.

Page 4: Market Watch Synopsis Dec 02 13

Presented by www.fibre2fashion.com

(Nov 15 - 30, 2013)

Cotton Linters & Pulp Cotton linter market improved and prices increased due to robust demand from the downstream buyers in the Chinese domestic market. Imported dissolving pulp market presented a weak performance and prices remained stable due to sluggish demand from the downstream market during the first half. Cotton linter market improved and prices went up due to robust demand from the downstream market in the Chinese domestic market during the second half. Dissolving pulp market presented a soft outlook and prices were relatively stable due to subdued demand from the downstream buyers during the second half. Viscose Staple Fibre Viscose staple fibre market weakened and prices went down due to subdued demand from the downstream buyers during the first half. Viscose staple fibre market maintained a weak tone as downstream buyers showed no enthusiasm in buying from the Chinese domestic market during the first half. Viscose staple fibre market showed weak performance and prices declined due to subdued demand from the downstream market in the Chinese domestic market during the second half.

Viscose Filament Yarn Viscose filament yarn market showed weak appearance and prices remained stable due to moderate demand from the downstream in the Chinese domestic market during the first half. Viscose filament yarn market weakened and prices remained stable-to-soft due to sluggish demand from the downstream market in the Chinese domestic market during the second half. Majority of Viscose filament yarn producers kept stable offers while some of them revised down offers in order to stimulate sales during the period. Spandex In the last fortnight, selling offers for Spandex opened with weak sentiments. Demand for Spandex yarn remained stable as operational level of downstream weaving plant remained stable-to-weak. In the second half, Spandex kept inert in market and prices remained unchanged. In the earlier part of the second half, Spandex offers opened at the same level, but with the support of firm trading volume from Spandex sellers maintained stable prices. Cotton International cotton market fluctuated and remained range bound in narrow range due to moderate market fundamentals and subdued demand from the downstream buyers during the first half. In China, cotton market presented a weak appearance and prices went down due to bearish market sentiments and weak demand from the downstream buyers during the period. International cotton market fluctuated upward initially, and then weakened gradually due to weak market fundamentals towards the end of the second half. In China, cotton market remained quiet and trading activities remained lackluster. Wool Wool market followed an upward trend in Australia market during the first half of last fortnight. Wool market followed an upward trend in Australia market during the second half of last fortnight.

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