Home / Knowledge / News / Textiles / Market holds a wait-and-see attitude
Market holds a wait-and-see attitude
19
Feb '08
On February 18, PTA price went up, MEG price indicated temporary correction, and where as prices of semi-dull and bright polyester chips were in consolidation. CDP chip price trimmed. PET bottle slice price slightly lowered.

Acrylic Staple 1.5 D × 38mm, acrylic top 3 D × 102mm prices were in consolidation. CPL, nylon 6 slice prices moved sideways.

Polyester filament market demonstrated an overall weak state, market bids were not unified, although offers from chemical fiber spinning plants were steady, inventory and sales pressures were huge in general. Presently, the market holds a strong wait-and-see attitude, most people believe that polyester filament market will continue a weak adjustment in short term.

Yarn market barely remained stable. Cotton yarn 30s was still salable, it is mainly used on air-jet looms to produce Fancy Fabrics; polyester yarn 32s, 45s still had good demand. Sale of rayon yarn 10s was fair, but price remained steady. The market trend of polyester and viscose yarn, polyester blended yarn had little change. PSF prices declined; VSF prices remained stable.

Market outlook is expected to mainly show a moderate correction.

For further quotations click here

Fibre2fashion News Desk - China

Must ReadView All

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 ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Robert Brunner
Devereux

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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