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Chinese PSF trends carry on slipping last week
07
Oct '14
Trends in the Chinese polyester staple fibre (PSF) international market continued to fall, due to sluggish demand from downstream buyers in the week ending October 2.

The Chinese PSF USD market remained lacklustre as downstream buyers showed limited buying indication during the week under review.

Overall, the PSF market was under pressure due to weak macro-economic outlook and unfavourable market fundamentals during last week.

PSF export prices declined in USD based market and prices for 1.4 Den PSF were quoted around US$ 1.26-1.30/kg FOB N.E Asia basis during the week. (AR)

Fibre2fashion News Desk - India

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