Home / Knowledge / News / Textiles / Polyester chain raw material trends dip in Feb
Polyester chain raw material trends dip in Feb
02
Mar '12
Prices of various major textile raw materials rose at the beginning of 2012. The good start created a certain impact on Chinese domestic markets.

However, the positive sentiments lasted for only a few days after which Chinese domestic textile raw material prices went on a declining trend in February.

However, only Paraxylene (PX) bucked the trend in February, being driven by crude oil market. Currently Asian PX price is around US $1640 / ton.

PTA market was in a watching state in February and is still based on adjustment. Current domestic offers are around 8,950 Yuan / ton and negotiated price for foreign cargo is around US $1190 / ton.

MEG market also continued its adjustment in February and now mainstream discussion price for domestic goods is around 8,200 Yuan / ton and of imported cargo around $1080 / ton.

These data indicate that upstream polyester raw material market is still under vulnerable adjustment mode.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Ikea

Textiles | On 26th Apr 2017

Ikea’s product sourcing from India to double by 2020

Ikea, the global home furnishing giant from Sweden, plans to double...

Textiles | On 26th Apr 2017

CITA to add insufficiently available fabric in CAFTA-DR

The Committee for the Implementation of Textile Agreements (CITA) has ...

Courtesy: SKF

Textiles | On 26th Apr 2017

SKF brings predictive maintenance for machinery to India

SKF India, a global supplier of bearings, seals, mechatronics,...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

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

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:
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