Home / Knowledge / News / Textiles / Worldwide textile raw material prices round-up
Worldwide textile raw material prices round-up
24
May '10
The main price of US crude oil fell by US $1.68 to $70.80 / barrel on Friday, as investors worried about economic growth prospects and global demand for energy caused by European sovereign debt.

Naphtha fell $6 to $673-676 / ton (CFR Japan); heterogeneous class MX dropped by $15 to $817-818 / ton (FOB Korea).

In Asia, Paraxylene plunged by $7 to $934-935 / ton (FOB Korea). In the European market it stood steady at $993-997 / ton (FOB Rotterdam) and in the US market it descended by $15 to $915-920 / ton (FOB US Gulf).

PTA spot market too turned weak. Offers in the Chinese domestic spot market were around 7,200 Yuan / ton, but most sellers were unwilling to sell below 7,300 Yuan / ton. Offers for Taiwan goods were light at $870 / ton.

The Chinese MEG market also declined and a wait and watch sentiment gripped the whole market. Offers for domestic goods remained at about 6,500 Yuan / ton, with negotiation levels at around 6,300-6,350 Yuan ton.

Offers for overseas MEG too fell significantly. Offers for small quantity were at $760-770 / ton, negotiation level was around $760 / ton, or even lower.

Polyester filament yarn in Jiangsu and Zhejiang extended its weak trend. Some factories reduced prices by 100-200 Yuan / ton. The prices of polyester staple fibre (PSF) from manufacturers in Jiangsu and Zhejiang fell 200 Yuan to 10,000 Yuan / ton (ex-factory price in cash payment).

Fibre2fashion News Desk


Must ReadView All

Textiles | On 20th Aug 2017

PetroVietnam, Vinatex discuss reviving PVTEX plant

Discussions are under way between PetroVietnam and textile and...

Courtesy: Mexx

Fashion | On 20th Aug 2017

RNF acquires Mexx fashion brand

RNF, the Dutch sports and fashion holding, has purchased the global...

Textiles | On 20th Aug 2017

Intertextile Shanghai Home Textiles opens on August 23

Intertextile Shanghai Home Textiles, Asia’s leading platform to meet...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Saket Garg
Garg Corporation

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

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...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth 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

August 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
66.7%
No
16.7%
Skip
16.7%

Total Votes: 30

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
43.3%
No
36.7%
Skip
20.0%

Total Votes: 30

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
6.7%
Skip
10.0%

Total Votes: 30

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
60.0%
No
10.0%
Skip
30.0%

Total Votes: 30


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