Home / Knowledge / News / Textiles / Difficult for Chinese PTA futures to bounce back
Difficult for Chinese PTA futures to bounce back
26
Dec '11
2011 is drawing to an end. In the past twelve months, PTA futures prices have been continuously dropping from high levels this year.

This has meant a sudden drop in profit margins for Chinese PTA producers, who continue to post meager profits.

Production of new PTA plants which became operational in 2011 is 4.50 million and new PTA capacity expected to be installed in 2012 is a massive 11 million tons.

This is expected to create a high supply pressure in the market. In face of an increase in market supply, PTA manufacturers can ensure cash flow, only by reducing operating rates.

It may be difficult for Chinese PTA futures to regain lost ground in the future, due to industry competition rising in 2012.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

news category


Related Categories:
July 2017

July 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