Polyester chain witnessed another bout of cost-push price advances

Related Keywords: ethylene price, MEG price, paraxylene price, polyester chip price, polyester fibre price, polyester filament price, polyester price in china, polyester price in india, polyester price in Pakistan, PTA price

Mumbai
Polyester chain witnessed another bout of cost-push price advances
Summary: 
The polyester chain witnessed another bout of price advances in the week ended 24 April, with polyester staple fibre and filament yarn prices zooming past or almost at par with its previous high seen in the last week of November 2014. This time prices the push came from the demand side

The polyester chain witnessed another bout of price advances in the week ended 24 April, with polyester staple fibre and filament yarn prices zooming past or almost at par with its previous high seen in the last week of November 2014. This time prices the push came from the demand side rather than cost side. Also helping came from the rounds of maintenance shutdown in the upstream industry. Added to these factors was a couple of fire breakout at petrochemical plants in China that feed the polyester industry.

yarnsandfibers.com
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Polyester markets recovers in Asia, PSF producers in China raise offers

Related Keywords: pfy price, Polyester filament prices, polyester price in china, polyester price in india, polyester price in Pakistan, polyester staple fibre price, psf price

Mumbai
Summary: 
Polyester filament yarn markets remained firm in the week of 8 November in Asia and prices were seen rising for some specs. Offers for POY and FDY were hiked further sporadically in China while DTY remained stable.

Polyester filament yarn markets remained firm in the week of 8 November in Asia and prices were seen rising for some specs. Offers for POY and FDY were hiked further sporadically in China while DTY remained stable. However, trading sentiment was lackluster, and low prices vanished gradually, as participants carried a cautious attitude amid wait-and-see sentiment. In Shengze, trading sentiment for PFY was passable as buyers cautiously bought for stocking amid rigid demand. In Pakistan, trading sentiment was insipid and small hikes were made to sporadic offers DTYs.

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