Polyester chain: Fibre and yarn prices firmer amid recovering feedstock markets

Polyester chip (PET) prices in Asia were largely stable in the week ended 18th January 2019 underpinned by bullish PTA and MEG markets during the week. In China, semi dull chip offers were range-bound while buying activity boosted up in the week. In general, supply is expected to decrease a bit amid approaching Spring Festival while some makers postponed to launch maintenance.

Related Keywords: MEG prices, paraxylene price, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices in Asia, psf prices in China, psf prices in India, psf prices in Pakistan, PTA prices

Polyester markets close 2018 on a weak note

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices in Asia, psf prices in China, psf prices in India, psf prices in Pakistan, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices, PX price

Mumbai
Summary: 
Polyester staple fibre (PSF) prices in December 2018 edged down in China and amid inactive buyers during year-end. In January 2019, producers may schedule turnarounds during the Spring Festival and thus may reduce supply in the market. Prices in

Polyester staple fibre (PSF) prices in December 2018 edged down in China and amid inactive buyers during year-end. In January 2019, producers may schedule turnarounds during the Spring Festival and thus may reduce supply in the market. Prices in India were down US cents 19 this month. In Pakistan, PSF offers were raised and hovered at high levels during the month.

0

Polyester chip prices rebound in Asia

Polyester chip or PET chip prices in Asia jumped in the week ended 14 December 2018 supported by rising PTA cost while MEG markets fell in the week. Asian marker, FOB Taiwan/Korea for semi-dull continuous spinning fibre grade chip was up US$74 a ton.

In China, semi dull chip offers rose US$18 a ton this week amid active buying sentiment from the downstream markets. Offers for super bright chip was up US$24 a ton on the week while CDP chip offers rose US$10 a ton on the week.

Related Keywords: MEG prices, paraxylene price, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices in Asia, psf prices in China, psf prices in India, psf prices in Pakistan, PTA prices

PTA, MEG prices on downswing in Asian markets

Polyester intermediate, purified terephthalic acid (PTA) prices in Asia fell in the week ended 16 November 2018 in tandem with weak paraxylene cost, however supply was relatively tighter in the week amid plant shutdowns.

The average plant run rate in China fell to 69% in the week. However, China's Honggang Petrochemical is planning to build a second PTA unit with 2.4m tons per year of capacity at its Lianyungang site.

In US, PTA prices were firm in the week. In Europe, PTA prices rolled over during the week.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Polyester chip producers lower offers amid poor buying interest

Asian marker, FOB Taiwan/Korea for semi-dull continuous spinning fibre grade chip fell US$67 a ton in the week ended 26 October 2018. In China, semi dull chip offers was also down US$67 a ton as compared to last week while offers for super bright chip fell US$89 a ton on the week. CDP chip offers declined US$75 a ton on the week.

Related Keywords: MEG prices, paraxylene price, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices in Asia, psf prices in China, psf prices in India, psf prices in Pakistan, PTA prices

PSF prices down in China on limited buying enquiries

In China, offers for 1.4D direct-melt-spun PSF in Jiangsu and Zhejiang fell US cents 6 a kg in the week ended 28 September 2018. The same in Fujian and Shandong were down US cent 4 a kg.

Polyester staple fibre prices were down in China while they were firm in India and Pakistan during the week.

In China, PSF offers were assessed down in the week as market saw limited buying enquiries due to national holiday. PSF suppliers carried out production cutbacks while there was lack of cost support from the upstream markets.

Related Keywords: MEG prices, paraxylene price, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices in Asia, psf prices in China, psf prices in India, psf prices in Pakistan, PTA prices

Polyester chain prices nosedive before peak season amid soft demand

Related Keywords: DTY, FDY, MEG prices, paraxylene price, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices in Asia, POY, psf prices in China, psf prices in India, psf prices in Pakistan, PTA prices

Mumbai
Summary: 
Polyester markets saw price drops in the week ended 21 September 2018 on the back of lackluster trading sentiment before the peak season. October is the usual peak sales season for PFY, which is the largest user of PTA and MEG in China. Polyester filament yarn prices weakened in China due to low

Polyester markets saw price drops in the week ended 21 September 2018 on the back of lackluster trading sentiment before the peak season. October is the usual peak sales season for PFY, which is the largest user of PTA and MEG in China. Polyester filament yarn prices weakened in China due to low PSF cost and soft demand during the week. Prices in India and Pakistan were relatively firm in the week.

0

Polyester fibre and yarn prices soar on cost support and low inventory

In China, offers for 1.4D direct-melt-spun PSF in Jiangsu and Zhejiang rose US cents 6 a kg in the week ended 24 August 2018. The same in Fujian and Shandong jumped US cents 8 a kg. PSF producers in China hiked offers in line with rising polyester chip values this week. Polyester chip prices in Asia were raised amid higher PTA and MEG cost in the week.

Major PSF producers limited their production resulting in to tight supply recently. In seasonal ebb, polyester market was supposed to be dull, but it moved differently at this time of the year.

Related Keywords: MEG prices, paraxylene price, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices in Asia, psf prices in China, psf prices in India, psf prices in Pakistan, PTA prices

Textile exporters show displeasure with a rise in polyester prices

Related Keywords: All Pakistan Textile Mills Association, basic textile raw materials cotton and PSF, cotton, domestic polyester manufacturers, entire textile export value chain, global market players, man-made textile products, manmade textiles, polyester fiber chain, Polyester prices, polyester staple fibre, PSF, PTA and PSF plants, PTA plant, raw materials, synthetic market, Textile exporters, yarn manufacturers

Lahore
Summary: 
The yarn producers have urged the government to reduce import duties on the import of PSF from existing 7 percent to 2 percent as polyester prices have almost doubled in the last year. The meeting was also of the view that one of the main causes of the non viability of domestic polyester fiber chain is the protection extended to the obsolete PTA plant over the last 25 years. The import duties on its raw materials are zero yet the finished product PTA is being given protection of 6 percent despite making huge profits which is a big reason for the predicament and non viability in the export market of Pakistani produced manmade textiles.

The yarn producers have urged the government to reduce import duties on the import of PSF from existing 7 percent to 2 percent as polyester prices have almost doubled in the last year. The meeting was also of the view that one of the main causes of the non viability of domestic polyester fiber chain is the protection extended to the obsolete PTA plant over the last 25 years.

https://nation.com.pk/18-Aug-2018/increase-in-polyester-prices-irks-textile-exporters
0

Polyester markets faced downward pressure in June

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PET prices in China, PET prices in India, polyester chip prices, polyester fiber prices, polyester fibre prices, polyester filament yarn prices, Polyester prices, polyester staple fiber prices, polyester staple fibre prices in China, polyester yarn prices, polyester yarn prices in Asia, psf prices, psf prices in China, psf prices in India, psf prices in Pakistan, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices, PX price, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Mumbai
Summary: 
Polyester chip (PET chip) prices in Asia slipped due to weak MEG prices amid dull trading atmosphere during the month. Offers for semi dull chips were down 4.1% and super bright chip dipped 4.7% on the month.

Ethylene prices in Asian markets inched up in June on expectations of increase in Chinese demand in the coming period. In Europe, spot ethylene prices rose sharply this month on cracker issues as maintenance was been conducted on the western portion of the ARG ethylene pipeline. In US, spot ethylene prices fell amid the recent restart of crackers after turnarounds and the start-ups of new capacity. Prices rose 4.2% from May in Asia while European spot inched up 1.9% on the month. US spot prices slipped 1.5% during the month.

0
 
Let Us Know Your Need
click here icon
 
Pricewatch Enquiry
Name
Company
Phone
Email
Country
 
Word Verification
 
News & Views
ETSA board brings together CEO\'s from Europe\'s leading textile service companies  
  22 Feb , 2019 Read full story  
L\'Occitane en Provence to achieve it\'s goal of using 100% recycled plastic in it\'s bottles by 2025  
  22 Feb , 2019 Read full story  
Clothing made from recycled plastic bottles  
  22 Feb , 2019 Read full story  
 
Prices
 
Market Intelligence
  • Polyester Intelligence
    YnFx's Polyester Intelligence Service consolidates all the information at a click. This service provides the following:
    • Daily Price Trends
    • News & Views
    • Weekly Prices on Polyester Chain
    • Price Forecast Covering 3 Regions
    • Spun Yarn Exports from India
    • Polyester Chain - Demand/Supply Statistics
 
Special Reports
 
Country Reports
  •  
    Who have subscribed this report
    Live Chat online
    feedback button