In Shengze, offers for 32s polyester yarn fell US cents 3 a kg in the last week of August, and 45s were down on the week. In Qiangqing, offers for 32s weaving were down US cents 3 a kg during the week.
Spun polyester yarns prices weakened in China as there was no improvement in sales that week. Producers in Zhejiang were shut for G20 summit and will restart in succession mid next week. Prices retreated in Shengze amid thin transaction while offers in Qiangqing were lowered and producers sold goods in sporadic volumes.
In Pakistan, polyester spun yarn prices were rising to reflect hike in PSF prices last week. 30s spun polyester prices rose US cents 6 a kg while 60s were up US cents 3 a kg on the week.
In India, polyester yarn prices rolled over in Indore and Ludhiana markets, given the stable run in PSF markets. Overall, rigid demand will continue to pressure prices as the weak situation will hardly change.
Courtesy: Weekly PriceWatch Report
In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…
In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.
Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…
Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…
Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…
In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…