+917718880355

Insights

Polyester yarn prices rise in India, fall in China

YarnsandFibers News Bureau 2016-04-08 05:15:02 –

In India, polyester yarn 30 knit yarn prices were up US cents 2 a kg in the fourth week of March in Ludhiana market while they rose US cents 6 a kg in Indore.

Spun polyester price in India rose INR6 on the week and 5% on the month due to recent hike in PSF prices. With INR having climbed against the US$, prices have even increased by 8.2% in US$ terms.

In Shengze, offers for 32s and 45s polyester yarn rolled over, but both were down US cents 2-3 a kg due to weak Yuan. In Qiangqing, offers for 32s were down US cents 3 on the week.

Offers for spun polyester yarn in China were weakly stable as prices of some specs were lowered, and the transaction volume was not large. Mainstream offers for spun polyester yarn 32s and 45s were pegged at previous week’s level.

End-users were restrained from buying goods yarn as polyester raw material cost were on a downward trend, thus purchase of yarn just met rigid demand.

In Pakistan, polyester yarn prices rolled over as buyers had accumulated inventories expecting a new hike in prices.

Courtesy: Weekly PriceWatch Report

Please Login to comment

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
👋 Hello