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Daily quotation of various textile raw materials
10
Nov '10
PTA price continued to rise sharply on November 8, MEG price followed up, semi-dull polyester chips and super bright polyester chips also rose sharply, CDP chip price increased and PET bottle chip prices also registered gains.

Acrylic staple fiber 1.5D × 38mm, acrylic top 3D × 102mm prices grew, CPL prices moved higher amid consolidation and nylon 6 chip prices went upward.

Polyester filament market increased clearly due to the drive from upstream raw materials and hiked by around 800-1000 Yuan / ton. A few FDY enterprises in Xiaoshan and Wuxi areas even increased prices by 2000 Yuan / ton.

Spinning factories showed strong intention to increase prices further, as prices of downstream PTA,EG and polyester chips continued to rise. Polyester filament market is expected to move higher in the short term.

Polyester staple fiber price ascended, while viscose staple fiber price was also in an augmenting mode.

The cotton yarn market too continued to rise. 32s generated better demand for production of air-jet products. 32s and 21s PC 65/35 too witnessed good demand and their prices also rose.

Pure polyester yarn market improved, 50s had little demand, but trade volume of 45s was moderate, as it is mainly used in production of polyester/ cotton lining series.

Rayon yarn 30s had demand, but trade volume of other specifications was small. Rayon yarn market is expected to be based on an increase in trend in the short term.

Fibre2fashion News Desk - China

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