Home / Knowledge / News / Textiles / PSF market dominated by small upward trend
PSF market dominated by small upward trend
01
Aug '11
In the week gone by, the Chinese domestic PSF market was dominated by a small upward trend, market price went up to a certain extent, market atmosphere was warmer than its prior week.

Although resistance against transactions still existed, deal volumes increased compared to its previous week under the influence of a broad environment.

Production and sales rate of polyester staple fiber makers was flat and business inventory level lowered and a majority kept it within five days.

Business situation of downstream yarn sector has not improved and there still exist hidden trouble in the polyester staple fiber market.

International oil market is witnessing slight volatility in recent times and current price stands at about US $97.

PX market conditions have continued to rebound in recent days. Asian PX price stood around US $1550.

PTA market conditions were relatively firm. Chinese domestic market offers were at 9450-9500 Yuan / ton and negotiated price for overseas goods were around US $1,225 / ton.

MEG market was also on a strong phase, mainstream offers in domestic market were above 9500 Yuan / ton and overseas offers were above US $1,220 / ton.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search