Home / Knowledge / News / Textiles / Polyester chip & PSF prices wane during April 1-15
Polyester chip & PSF prices wane during April 1-15
21
Apr '12
During the period between April 1 and April 15, polyester chip market followed the downward trend in the Asian US dollar based market.

Again in the Asian US dollar based market, polyester staple fibre (PSF) remained stable-to-soft and polyester filament yarn (PFY) market remained steady.

Polyester chip prices went down in the first week of the first fortnight of April in the Asian region in USD based market. Majority of players kept wait-and-see stance during the period.

This downward trend continued in the second-half of the fortnight in the Asian region. In US dollar based export market, bottle grade PET chip prices remained stable but overall market sentiment was relatively weak.

PSF market remained stable-to-soft and prices went down in the Asian region in US dollar based market during the first half of the reporting period.

Buying sentiment has still not improved after holidays in the Chinese domestic market. PSF prices continued to move in the southwards direction even in the second week of the fortnight.

It is expected that buyers may start showing interest in buying PSF in the second fortnight of April.

The PFY market remained steady this time in the US dollar Asian region. Demand from downstream players was lusterless during the first half of the fortnight.

It is expected that PFY market will remain stable-to-soft, due to external market fundamentals and weak demand from the downstream buyers.

PFY trends continued to remain stable during the second half of the fortnight in the Chinese domestic market. Experts expect PFY price will remain stable-to-soft in the second fortnight.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 1st May 2017

FESPA to showcase digital, screen, textile industries

Stage is set for FESPA 2017 at the Hamburg Messe, Germany during May...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Giorgio Mantovani
Corman S.p.A

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Marten Alkhagen
Swerea IVF AB

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Wendell Rodricks
Wendell Rodricks

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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



X