Home / Knowledge / News / Textiles / Chinese polyester market round-up
Chinese polyester market round-up
21
Jun '10
In the previous week, domestic polyester filament market steadily bottomed out and market price basically ended declining trend as sales rebounded and trading conditions improved. POY market was most active among various varieties.

DTY market continued to be steady, price remained unchanged. At present, operational rate of polyester filament enterprises has declined, stocks have reduced. The main reasons lie in raw materials market. Recently, prices of international crude oil have continued to rebound.

New York futures price has increased to above US $76 per barrel; improvement of crude oil market has brought a market rebound in polyester industry chain. PX market prices increased slightly, market offers were slightly over US $900.

Market sentiment of PTA spot was good, market offers increased; offers for domestic supply were around 7,100 Yuan / ton, negotiating level for overseas supply was at US $860/ ton.

MEG market sentiment was as usual, prices and trade volume weakened, negotiating level for domestic supply was at 5900 Yuan / ton, and offers for overseas supply were US $705 / ton.

Pre-offers made by Sinopec Group for polyester chips of June contracts: semi-dull chips at 9500 Yuan / ton, bright chips and industrial yarn chips at 9600 Yuan / ton, film-class chips at 9650 Yuan / ton, dull-class chips at 10,300 Yuan / ton.

Transactions in polyester chips market greatly enlarged, market prices rebounded back to above 9,000 Yuan, quotation in mainstream market was around 9,150 Yuan/ ton.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Paolo Ocleppo
Sandvik Hyperion

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mohammad Hassan
Biax Fiberfilm

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

Rupa Sood and Sharan Apparao
Nayaab

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

Aditi Somani
Aditi Somani

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

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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