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

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Rupa Sood and Sharan Apparao
Nayaab

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

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:
June 2017

June 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