Polyester fibre and yarn prices plummet in Asia

YarnsandFibers News Bureau , 20-08-2019 13:28 -

Polyester staple fibre (PSF) prices in China jumped at the beginning of July but plummeted towards the end of the month due to a decrease in demand. In India, PSF producers increased their offers for the month, however trading activity was passable. In Pakistan, prices rose sharply during the month. In China, 1.4D PSF was up US cents 5 a kg as compared to June. In India, 1.2D PSF prices rose US cents 2 a kg from last month. In Pakistan, prices in Karachi were up US cents 6 a kg on the month.

Polyester filament yarn (PFY) prices were range-bound in China amid mixed trends in the raw material costs during the month. A few downstream mills had cut production or went for a holiday due to bearish sentiment. Consequently, PFY producers faced lower sales which resulted into piling up of inventory. In China, POY 75/72 prices were up US cent 4 a kg in Shengze while Indian POY 130/34 prices were up US cent 1 a kg. In Pakistan, 300/96 DTY prices rose US cent 1 on the month.

Polyester spun yarn prices were soft in China in tandem with low PSF cost and overall dull sentiment in July. Demand for polyester yarn was depressed in the country. In Shengze, offers for 32s polyester yarn were down US cents 11 a kg from June. In India, 30 polyester knit yarns were up US cents 5 a kg in Ludhiana market. In Pakistan, 30s spun polyester yarn offers rose US cents 5 a kg as compared to last month.

Courtesy: Weekly PriceWatch Report


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

Let Us Know Your Need
click here icon
Pricewatch Enquiry
Word Verification
News & Views
India to benefit from the imposition of US duties on Chinese imports  
  16 Sep , 2019 Read full story  
Abercrombie Textiles aquired by Crypton  
  16 Sep , 2019 Read full story  
Increasing revenue and shrinking profits for Chinese garments  
  16 Sep , 2019 Read full story  
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