Home / Knowledge / News / Textiles / Raw material prices on adjustment mode
Raw material prices on adjustment mode
23
Nov '10
On November 22, PTA price showed adjustment, MEG price was under suppression, prices of semi-dull polyester chips and super bright polyester chips lowered, CDP chip price fell and that of PET bottle chip, declined.

Acrylic staple fiber 1.5D × 38mm, acrylic top 3D × 102mm prices adjusted, CPL price corrected and nylon 6 chip price fell amid steadiness.

Polyester filament market continued on a downward trend Monday, and the fall ranged between 300-800 Yuan / ton. It was reported that an individual POY spinning plant in Xiaoshan cut its price by 1,500 Yuan / ton.

The market remained stagnant, as downstream textile companies showed less enthusiasm in purchase, trade volume was small, low-cost products gained the upper hand, due to which, sales of some high-priced products were affected.

Although overall operation rate of downstream water weaving plants was stable, bulk purchase of filament was still small, the market looked basically cautious and filament was bought in accordance with production needs.

Spinning factories faced sales pressures and they promoted sales by cutting prices in order to reduce inventories. Therefore, polyester filament market is expected to remain in a weak state in the short term and does not rule out the possibility of prices falling further.

Sales of all varieties of cotton yarn stable, however, prices continued to show a declining trend and viscose yarn prices fell amid stability. Polyester (80)/ cotton yarn (20), 32s and 45s still had demand; while polyester/ cotton yarn market fell across the board.

Polyester yarn market was in downturn and prices fell. 32s and 50s had no demand, while 45s was still saleable, as it is mainly used in production of polyester-cotton lining series.

Polyester staple fiber price significantly decreased. Rayon yarn 30s was still saleable, as it is mainly used in production of diamond cotton fabrics, while trade volume of other specifications was small. Rayon yarn market is expected to show a modest downward trend in the short term.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: AWI

Textiles | On 20th Jan 2017

Australian wool EMI at highest ever level in Au$ terms

The Eastern Market Indicator (EMI) managed to forge ahead by a...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Textiles | On 20th Jan 2017

Xeros to focus on textile sector to develop technology

Xeros technology group plc, the developer and provider of patented...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Paolo Ocleppo
Sandvik Hyperion

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

Suresh Patel
Sidwin Fabric

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao
Nayaab

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search