Home / Knowledge / News / Textiles / April sees polyester market in doldrums
April sees polyester market in doldrums
09
May '08
Polyester market in China continued to remain inactive even in April. Not a single item in the industry chain showed any firm trend which is in stark contrast to the situation in the same period last year.

Prices of various types of polyester showed varying decline during the fag end of April. While semi-dull chip fell by 550 yuan per ton with average market price standing at 10,600 yuan per ton, polyester filament dropped by 250-400 yuan per ton.

Market price of 150 D/48F partially oriented yarn (POY) neared 11,700 yuan per ton while that of 1.4 D direct spinning polyester staple fiber averaged at 11,150 yuan per ton, plunging 425 Yuan per ton.

This apart, polyester yarn from downstream sector also saw a drop. Of these prices of polyester yarn 32s hovered around 14,700 yuan per ton.

The market started to soften by early April and fell further by middle of the month. The trend only continued for the later half of the month worsening the condition.

From the view point of inventories, stocks in most of the firms have risen to relatively high levels. POY, despite having very good sales has inventories enough for 12-15 days while FDY and DTY stocks may last 20 and 30 days respectively.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 18th Jan 2017

Government considering 100% FDI in single brand retail

The Government of India is looking at allowing 100 per cent foreign...

Courtesy: Walmart

Apparel/Garments | On 18th Jan 2017

Walmart to create 34,000 new jobs in the US

The world’s biggest retailer and also the biggest US private sector...

Courtesy: UN Department of Public Information

Textiles | On 18th Jan 2017

World economy expanded by just 2.2% in 2016: UN

The world economy expanded by just 2.2 per cent in 2016, the slowest...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Jay Ramrakhiani
Occasions Elegance Wear

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

Rupa Sood and Sharan Apparao
Nayaab

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

Yash P. Kotak
Bombay Hemp Company

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

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
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search