Polyester raw material prices declined marginally which affected Polyester staple fibre market. PTA prices declined marginally in the Asian region due to subdued demand from the downstream buyers.
In the S E Asian market, PTA prices were assessed in the range of US$ 980/ton to US$ 985/ton while in F E Asia; PTA prices were at US$ 955/ton.
In the Chinese domestic market, PTA prices remained steady and were quoted in the range of RMB 7400/ton to RMB 7450/ton, while discussion levels were at RMB 7300/ton. However, MEG prices declined to RMB 7300/ton.
Majority of Polyester suppliers kept their offer prices stable, while some of them offered special discount in order to increase sales but downstream buyers showed moderate intention in buying.
In USD based export market, PSF prices for 1.4Den were around US$ 1.32-1.38/kg FOB N.E Asia basis today.
Fibre2fashion News Desk - India
Textiles | On 27th May 2017
To support the textile sector in Pakistan, finance minister Mohammad...
Apparel/Garments | On 27th May 2017
About 6-7.5 million retail jobs in the US are likely to be automated...
Everflow Petrofils Ltd
‘An innovative technology which India needs desperately is the...
Shingora Textiles Ltd
‘In terms of fabric, the fastest growing category for us is a blend of...
‘Portugal is taking away a major share of the mill made sector.’
Larry L Kinn
Larry L Kinn, Senior Vice President - Operations Americas of Suominen...
Suominen Corporation is a manufacturer of nonwovens as roll goods for...
Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...