Prasad: I'm no expert, but I wouldn't trust the synthetics either. You could however, make a deterioration gauge on your gin pole.
Piece of your rope, attached to the gin pole on one end. The other end to a hefty spring. (car hood spring comes to mind).
Stretch it to about half the spring, and secure. Mark the end of the rope/spring with something that will last. It will be in the same
elements/sun as your guys. If you start to see stretch in the gauge, time to do something about the guys.
On steel cables, I have good luck with the spray on chain lube that the dirt bike folks use. Penetrates, and when the solvent flashes off,
it sticks like cat poo to a blanket.
May or may not be of help.