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

Courtesy: CLO Virtual Fashion

Information Technology | On 9th Dec 2016

CLO expands 3D simulation technology in Europe

CLO Virtual Fashion, developers of 3D garment visualisation...

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Johan Berlin
InvestKonsult Sweden AB

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Yash P. Kotak
Bombay Hemp Company

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

Rupa Sood and Sharan Apparao
Nayaab

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

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