Home / Knowledge / News / Textiles / Lesser demand waver the market sentiment
Lesser demand waver the market sentiment
15
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

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

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

Johan Berlin
InvestKonsult Sweden AB

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

Rupa Sood and Sharan Apparao
Nayaab

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

Pranav Mishra
Huemn

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

Silvia Venturini Fendi
Fendi s.r.l

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

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
March 2017

March 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