Home / Knowledge / News / Textiles / PSF prices dip slightly in Northeast Asia last fortnight
PSF prices dip slightly in Northeast Asia last fortnight
21
Oct '13
The prices of polyester staple fibre (PSF) decreased slightly in Northeast Asian markets last fortnight ending October 15, 2013 and analysts expect the prices to maintain a weak tone during the current fortnight.
 
PSF prices were quoted at US$ 1.43/kg by the end of the last fortnight, down 2.05 percent compared to the prices of US$ 1.46/kg registered during the corresponding period of 2012.
 
In the fortnight ending September 30, PSF prices were observed at US$ 1.44/kg. Thus, there was a decline of 0.69 percent during the October 1-15 fortnight compared to the earlier fortnight.
 
In the USD based market, prices for 1.4 den PSF remained stable due to weak support from the downstream buyers and prices were quoted in the range of US$ 1.40/kg to US$ 1.43/kg FOB N.E Asia basis in the last fortnight ending October 15.
 
Prices of 1.5 den PSF of Taiwan origin were quoted in the range of US$ 1.66/kg to US$ 1.70/kg, Europe origin PSF were offered between US$ 2.40/kg and US$ 2.52/kg, and US origin PSF were offered at US$ 2.62kg to US$ 2.64/Kg, respectively.
 
Meanwhile, prices of 1.5 den PSF of China origin for domestic and export market were offered at US$ 1.58 - 1.61/kg and US$ 1.40 - 1.44/kg, respectively.
 
In the current fortnight, prices of PSF are expected to maintain a weak tone due to subdued demand from the downstream buyers and weak macro economy outlook.
 

Fibre2fashion News Desk - India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Johan Berlin
InvestKonsult Sweden AB

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

Silke Brand-Kirsch
Schlegel und Partner

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

Rupa Sood and Sharan Apparao
Nayaab

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

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

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 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search