Polyester industrial yarn market weekly
Spot market:Polyester industrial yarn spot prices edged up by 200-300yuan/mt this week amid higher cost. High-tenacity 1000D was traded at 13000-13300yuan/mt while low shrinkage ones were traded at 13300-13700yuan/mt 180 days payment, delivered. Aug contract prices were nominated at 13700yuan/mt for high-tenacity 1000D, 14300yuan/mt for low shrinkage ones and $1930/mt FOB for export ones.
Market Update
- Plant status: S Korea’s Hanwha VCM unit operating rates lowered since early April
- Taiwan’s CPC Corp awards toluene June export tender
- Asia ramps up acetic acid trades amid US tariff moves
- Plant status: Japan’s Keiyo Monomer VCM unit shut due to fire
- H&M subsidiary signs MoU with Vietnam to build textile recycling plant
- Plant status: Japan’s Keiyo Monomer EDC unit to remain shut through May
- East China DEG inventories edge up on more arrivals
- INSIGHT: Trade tensions to hasten Canadian low carbon ammonia exports to Asia, hitting prospects of US projects
- Asia fatty alcohols market stays tight on Malaysia gas supply disruption
- China mulls tariff exemptions for US ethane, PE