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

Textiles minister Smriti Irani at a press conference with minister of state for textiles, Ajay Tamta, the principal director general (M&C), PIB, AP Frank Noronha and other dignitaries. Courtesy: PIB

Apparel/Garments | On 23rd May 2017

Special package for knitwear coming soon: Irani

Union textiles minister Smriti Irani said that the government of...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan
Biax Fiberfilm

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Silvia Venturini Fendi
Fendi s.r.l

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

Pranav Mishra
Huemn

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search