Home / Knowledge / News / Textiles / Off-season in Chinese textile sector sets in early
Off-season in Chinese textile sector sets in early
Mar '12
Oil prices have continued rising since October last year, but chemical fiber products have not followed suit. Instead, their prices have declined to various degrees.

Experts attribute the price drop of chemical fiber products to a downturn in demand from the global textiles market. This has caused the off-season in the first half to come earlier.

In mid-September last year, China's fiber price index of polyester staple fiber rose to the highest 14,000 points, but fell to 11,400 on March 16 this year, a drop of 18.5 percent.

Similarly, prices of spandex, nylon and other synthetic products also show an overall downward trend since the last quarter of last year.

An analysis of the global textile industry points out that the European and US markets are in debt crisis and the Middle-East is under unrest.

This has resulted in demand from global garment and textile markets to sink into downturn.

In the past, March was the peak season for textile production. Even if prices of oil and other raw material declined, prices of chemical fiber products would rise.

But in February this year, prices of textile raw materials fell in a rush, which indicates a weakening of demand from the downstream textile sector.

However, sales momentum in Chinese domestic market is still very strong and a few clothing and textile enterprises have made a successfully transition from exporting to supplying to domestic markets.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 24th Oct 2016

Indian govt plans roadshows to promote textile exports

The Indian government has planned to conduct roadshows to boost the...

Textiles | On 24th Oct 2016

TPP may hit roadblock

The 12-member Trans-Pacific Partnership (TPP) that was signed earlier ...

Textiles | On 24th Oct 2016

Baba Ramdev’s Patanjali to enter textile manufacturing

Patanjali Ayurved, an enterprise initiated by yoga guru Baba Ramdev,...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

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

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Lynda Kelly
Suominen Corporation

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Suresh Patel
Sidwin Fabric

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Karan Arora
Karan Arora

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

Tony Ward
Tony Ward

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search