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

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search