Polyester yarn price jumps in India

In India, polyester yarn prices were up in the first week of January as PSF prices were lifted again opening January following mod-December rise. Spinners were steadily recovering from the disruption triggered by the demonetization process. Polyester yarn 30 knit yarn prices were up Re1 a kg (up US cent 1) in Ludhiana market.

In Pakistan, PSF prices have further risen pushing polyester spun yarn prices to increase in the meantime. 30s spun polyester prices gained PakRs2 per pound (up US cents 4) while 60s were up PakRe1 per pound (up US cents 2).

In Shengze, offers for 32s polyester yarn were stable in the first week of January (but were up US cents 2 a kg, due to weak US$). In Qiangqing, 32s weaving yarn was offered flat on the week (up US cents 2 a kg).

In China, offers for spun polyester yarn were lowered somewhat amid sparse enquiries and transactions on the week, and some sporadic small producers have been off work. Many spun yarn producers had shut down units for the New Year holiday.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

4 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

4 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

4 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

4 years ago