Home / Knowledge / News / Textiles / Chemical fibre industry to be back on track by October
Chemical fibre industry to be back on track by October
Sep '08
The third quarter has not been very good for chemical fibre industry of Taiwan. The reason being that, polyester products have witnessed a downfall, September offers of POY (polyester filament) and DTY (draw textured yarn) opened lower once again.

Polyester raw material PTA (purified terephthalic acid) and EG (ethylene glycol) were affected due to the fall that was witnessed in the oil market in recent weeks. PTA spot price dropped from US $1,100 to $1,045 per ton and EG went down from $1000 to $845-$875 per ton.

Recently, a number of chemical fibre plants in Taiwan have announced their polyester product prices. It is anticipated that, this month the cost will be flat or down by NT $1, when compared to August.

Market insiders are of the opinion that the market will resume its normal pace by October.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 25th Oct 2016

Arvind to dilute 10% stake in brand business arm

Arvind Limited, one of India’s largest integrated textile and apparel ...

Courtesy: Commonwealth Bank of Australia

Textiles | On 25th Oct 2016

World’s first cotton shipment using Skuchain’s Brackets

The world’s first trade transaction involving shipment of cotton...

Textiles | On 25th Oct 2016

Cotton yield to increase to 568.29 kg/ha in 2016-17: CAB

At its first meeting for the cotton season 2016-17, the Cotton...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

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

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Marten Alkhagen
Swerea IVF AB

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

Pranav Mishra

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

Yash P. Kotak
Bombay Hemp Company

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search