Blended yarn price rolls over in Asian markets

In China, PC (65/35) 32s yarn prices were steady in Zhejiang in the third week of June, while 45s PC combed yarn prices rolled over on the week. PV 32s were also flat but all were down US cent 1 a kg due to weak Yuan.

Blended yarn prices were relatively steady across China, India and Pakistan with PSF and VSF prices bottoming out in recent weeks. In China, yarn import prices have begun declining due to a sharp drop in cotton futures thus, the difference between domestic and import prices have narrowed down, but still very wide enough to the detriment of yarn importers.

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Polyester yarn price jumps in China

In China, offers for 32s polyester yarn in Shengze moved up US cents 1-2 a kg in the second week of June. In Zhejiang, 32s weaving yarn prices were also up US cent 1 a kg on the week.

Polyester spun yarn market in Shengze was stable to slightly higher as PSF prices rebounded somewhat in recent weeks. However, mills were cautious to replenish PSF as polyester market enters the traditional period in late June, when sentiment will remain stalemated.

In India, polyester yarn prices remained unchanged after the hike two weeks ago following hike in PSF prices then.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

PTA price remains stable on thin trade

Asian PTA markers CFR China and CFR Southeast Asia remained unchanged in the second week of June. In China, discussions for nearby-month cargoes were down US$3 a ton on the week. In China, PTA market was under fluctuation, with Yuan-based prices up and US$ based value down from previous week. Taiwan saw increased demand for spot PTA due to lower operating rates in recent weeks.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Blended yarn prices steady in Asian markets

In China, PC (65/35) 32s yarn prices were flat in Zhejiang in the second week of June, while 45s PC combed yarn prices were stable on the week. PV 32s were down US cent 1 a kg on the week.

Blended yarn prices in China remained unchanged despite pick up in PSF and VSF prices in recent weeks. A rebound in PSF prices has been encouraging spinners mills to raise offers for PC yarn as spot trade for cotton yarn was shrinking, and prices continuing to fluctuate amid sidelined stance.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

Polyester becomes costly in India

In India, polyester yarn prices were hiked in the first week of June following the upward revision in PSF prices in early June. However, export have become uncompetitive with INR showing signs of strengthening against the US$. Polyester yarn 30 knit yarn prices were up INR2 a kg (up US cents 4) in Ludhiana market.

Polyester spun yarn markets in China were steady and offers for high-quality 32s yarn rolled over but demand was sparse as a whole. Offers went slightly lower amid lukewarm transaction in Shengze as buyers picked up volumes to meet immediate demand.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

PTA price gains on high demand

Asian PTA prices gained US$9 a ton CFR China and CFR Southeast Asia in the first week of June. Purified terephthalic acid prices rose in Asian markets on strong fundamentals, higher demand and support from firming upstream paraxylene prices.

In China, PTA market showed strong performance that week, with average price up from previous week. Spot PTA supply was tight and the spread on offers and discussions between PTA spots and futures narrowed steadily.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

MEG price climbs in Asia

Asian MEG prices jumped US$32 a ton CFR China and CFR South East Asia in the first week of June. In China, offers for nearby-month cargoes surged amid moderate transaction.

Mono ethylene glycol prices soared in Asian markets, rising day on day through the week as sentiment turned bullish with Chinese government increasing money supply in the market. Downstream demand from polyester manufacturers was also healthy.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Blended yarn price moves up in India

In China, PC (65/35) 32s yarn prices remained unchanged in Zhejiang in the first week of June, while 45s PC combed yarn prices rolled over on the week. PV 32s were down US cent 1 a kg.

Blended spun yarn prices continued to remain stable in China in line with the trends in fibre markets with cotton freezing at the same level for months, whereas PSF and VSF prices have declined. However, PC and PV yarn prices rolled over that week but may move in different directions as polyester use has been rising at spinning mills.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

Polyester yarn price softens in China

In China, offers for 32s polyester yarn in Shengze were down US cent 1 a kg in the last week of May. In Zhejiang, 32s weaving yarn edged down US cents 1-2 a kg on the week.

Polyester spun yarn markets in China were under correction that week. Transactions were moderate and some specs saw better sales. However, downstream mills did not intent to stock up yarn in view of weakening sentiment and they mainly bought goods to meet rigid demand.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

PTA price declines on weak upstream markets

Asian PTA prices fell US$6 a ton CFR China and CFR Southeast Asia in the last week of May. In China, offers for bonded goods declined US$5-10 a ton, and discussions for nearby-month cargoes also inched down on the week.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

 
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