Home / Knowledge / News / Textiles / Lesser demand waver the market sentiment
Lesser demand waver the market sentiment
Jul '08
This Monday, on July 14, PTA, MEG spot market attained a strong wait-and-see attitude, when prices were under suppression. Semi-dull and bright polyester chip prices remained unchanged; however, CDP chips, PET bottle-slice prices consolidated.

Manufacturers of acrylic staple 1.5 D × 38mm, acrylic top 3D × 102mm increased their prices; CPL, nylon 6 chips moved sideways. Polyester filament prices showed some stability; overall trade volume was at normal level; weaving demand was better. Although ex-factory prices offered by most spinning enterprises were flat, one big manufacturer from Shengze Province increased its offer price.

Presently, with lesser demand from the down stream manufacturers, confidence in future market is wavering. Chemical fiber spinning enterprises have reduced production, coupled with marginal rise in the buying interest of the down stream market, inventories at polyester companies have declined.

With the rising cost of raw material, spinning factories have intended to increase price, and therefore, polyester filament market is expected to raise their offer prices as well.

All cotton yarn prices continued a steady consolidation as a whole, prices remained stable; demand from lower reaches for 32s cotton + 40D spandex Core Spun yarn enlarged. This material is mainly used in production of elastic cotton/nylon fabrics; Core Spun yarn is offered at 25700-25900 yuan per ton.

Series of Polyester and Viscose yarn remained stable, but trade volume appeared poor. Polyester yarn market was firm. Sales of rayon yarn 10s slightly increased, price was barely steady. Investors expect that future market will mainly show in a moderate correction.

For further detail click here

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Robert Brunner

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

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


Browse Our Archives


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