Polyester Price Forecast Report - April 2017

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With over two decades of experience in gathering market intelligence, YnFx has endeavoured to foray into forecasting market trends to bring to the readers, its expertise and experience. YnFx has launched two reports which forecast market trends and prices in the polyester chain and nylon chain. These are crisp and precise reports, providing the price forecast for the immediate month and tentative estimates for the quarter and for the year-end. It provides description of the actual trends in the closing month and most likely prices for the ensuing month. The reports are released on every 5th of the month and is a must read for producers and suppliers for taking strategic decisions of buying, selling or holding. It is also of significance use to consulting companies, financial institutions, analysts, decision makers, strategic sourcing companies, market research analysts and core industry players 

The report provides close to 75 price forecast in the polyester chain for three regions, namely Asia, USA and Europe. The report also contains objective analysis of the likely trends in the upstream, crude oil and naphtha through the downstream petrochemicals, fibre intermediates, chips, filament yarns and staple fibre.


HIGHLIGHTS		 

Polyester raw material and product pricing will remain strong in April given their upward momentum in March. Ethylene spot will continue to remain low but firm on expectations of improving supply, lower feedstock costs and higher co-product credits. Market expect supply to lengthen in April as production issues stay resolved at two US Gulf crackers and a Kentucky cracker restarts after an expansion project. For Paraxylene, supply is set to tighten going into Q2 and this may be delaying the settlement. Overall the markets will be stable as there are no reported supply issues.

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