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Insight | Time: Apr 2 2022 8:10AM  Editor:Tina Kong
Impact of Russia-Ukraine conflict on textile raw materials market (Updated by Apr 1)
 
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Price change of petrochemicals

Product Market Unit 2022-3-30 2022-3-31 Change
WTI (Apr)
$/b 107.82 100.28 -2.25%
Brent (May)
$/b 113.45 104.71 -2.11%
Naphtha CFR Japan $/mt 957 923.5 1.55%
Ethylene CFR NEA $/mt 1370 1400 0.00%
Benzene FOB, South Korea $/mt 1149 1137 1.20%
*The prices of WTI, Brent, naphtha, ethylene and Benzene are one day late due to spread in closing time of markets 
Product Unit 2022-3-31 2022-4-1 Change
MEG Yuan/mt 5120 5042 -0.20%
Paraxylene $/mt (CFR China/Taiwan) 1170 1158 -1.94%
PTA Yuan/mt 6135 6075 -0.32%
CPL Yuan/mt 13500 13450 0.00%
Acrylonitrile Yuan/mt 11700 11700 0.00%
PTMEG Yuan/mt 42000 42000 0.00%
MMDI Yuan/mt 22000 22000 -1.11%

Price change of fibers and grey fabrics

Category Description Unit 2022-3-31 2022-4-1 Change 
Fiber Cotton 3128 yuan/mt 22550 22515 0.15%
Medium-grade VSF yuan/mt 13300 13350 0.15%
Bright VFY 120D yuan/mt 7770 7710 -0.82%
PSF 1.4D*38mm yuan/mt 6300 6240 0.00%
Close virgin PSF 1.4D yuan/mt 7810 7810 1.71%
Polyester POY150D/48F yuan/mt 8300 8300 1.21%
Polyester FDY 150D/96F yuan/mt 9340 9355 0.00%
Polyester DTY 150D/48F  yuan/mt 18600 18600 0.00%
Nylon FDY 70D/24F yuan/mt 20150 20150 0.00%
Nylon 6 POY 70D/24F yuan/mt 17550 17550 -0.28%
Nylon 6 DTY 70D/24F SD  yuan/mt 39100 39100 0.00%
Spandex 40D yuan/mt 53000 53000 0.00%
ASF 1.5D*38mm yuan/mt 18480 18480 0.00%
Cotton yarn 32S yuan/mt 28785 28735 -0.10%
Rayon yarn 30S yuan/mt 17860 17850 -0.11%
Polyester yarn 32S yuan/mt 12950 12950 0.00%
Grey fabric Cotton grey fabric 32 yuan/meter 6.2 6.2 0.00%
Rayon grey fabric 30 yuan/meter 4.15 4.15 0.00%
Exchange  USD/RMB / 6.3482 6.3509

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[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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