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
- NYMEX: US gas futures break losing streak ahead of weekend
- SE Asia MA weakens; China gains on crude-driven sentiment
- Plant status: Indonesia’s Justus Sakti Raya restarts MA plant
- Crude surge, supply risks boost Asia PA sentiment amid tensions
- Update to ICIS Topics: Logistics - impact on chemicals and energy
- Multiple ships en route to LNG Canada ahead of plant start-up
- Latest issue of ICIS Chemical Business now live: Top 100 Chemical Distributors
- PODCAST: Extended trough pressures chemicals finances, raising fears of bankruptcies
- Tosoh to build new chloroprene rubber plant in Japan
- China’s average PX plants’ run rate stable; more unit turnarounds expected