Home / Knowledge / News / Textiles / High speed expansion of polyester capacity
High speed expansion of polyester capacity
03
Sep '10
Earlier this year, with price increase of raw materials and continued fall of upstream polyester market, polyester filament market fluctuated slightly downward.

After entering April, trading atmosphere of polyester filament maintained a good momentum with support from crude oil, at the same time, polyester filament price rose week after week being driven by strong demand from downstream market, polyester filament prices showed a sharp increase.

Bu by the end of the second quarter, polyester filament price stabilized from the decline in early June, due to the electric consumption curbs applied in Zhejiang Province.

Currently, the domestic industry is still expanding production capacity of polyester industrial yarn and the increased production capacity will have a direct impact on market stability.

According to preliminary statistics, China will at least have about 420,000 ~ 450,000 tons / year capacity added in between 2010 and 2012, the impact of which will be felt by major polyester producing companies.

Some enterprises with obsolete production equipment will exit from the market, due to losses and lack of competitiveness. It can be predicted that the long saturated and ordinary high-strength polyester industrial yarn market will face fierce competition in 2010.

According to experts, the only way for business survival is to vigorously develop more high-end and differentiated products.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Marten Alkhagen
Swerea IVF AB

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Rupa Sood and Sharan Apparao
Nayaab

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

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


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

July 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

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

Yes No

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

Yes No

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


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



X