Home / Knowledge / News / Textiles / Chinese polyester raw material prices under adjustment
Chinese polyester raw material prices under adjustment
12
Mar '12
In the past week, Chinese raw material prices in the polyester value chain were under adjustment mode. In particular, polyester filament market sank into deadlock again.

Market quotations from enterprises were struggling to maintain prices. Transactions in the market have actually declined.

Recently global oil market prices have declined and current price of New York oil futures is around US $104 / barrel.

PX market is adjusting under the influence of crude oil market, trade volume in the market is relatively stable and Asian market price is around US $1680 / ton.

PTA market too is under a vulnerable adjustment, market trend is uncertain. Prices in Chinese market were around 8,950 Yuan / ton and for overseas cargo around $1190 / ton.

MEG market too continues to be under adjustment. Mainstream negotiation in the market was around 8,000 Yuan / ton and for overseas cargo at about $1080 / ton.

Polyester chip market is covered with wait-and-see atmosphere and mainstream discussion under cash payment is about 10,800 Yuan / ton

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Lynda Kelly
Suominen Corporation

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search