Home / Knowledge / News / Textiles / Chinese PSF trends remain stable amid weak feedstock
Chinese PSF trends remain stable amid weak feedstock
20
Jun '14
Polyester staple fibre (PSF) market remained stable due to sluggish feedstock market and lack of support from the downstream buyers in the Chinese domestic market today. Mainstream offers for 1.4Den PSF hovered around RMB 9,975/ton in the Chinese domestic market. 

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


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Egypt signs agreement with UNIDO for cotton production

Egypt has signed a €1.5 million ($1.74 million) cooperation agreement ...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Rajiv Sirohi
Shara

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

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Ashok Desai
Bombay Textile Research Association

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

Johan Berlin
InvestKonsult Sweden AB

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Robert Brunner
Devereux

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

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

July 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

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

Yes No

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

Yes No

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


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



X