Home / Knowledge / News / Textiles / Chinese PTA prices to move higher on tight supply
Chinese PTA prices to move higher on tight supply
Jan '11
Recently polyester filament price have started rising, driving PTA spot prices higher and as liquidity constraints have eased, downstream weaving sector will enter period of stocking up on inventories.

Naphtha price is volatile on high level at present. Spread of main products based on crude oil or production profit has moved higher amid shocks since last August, reflecting improved fundamentals of oil market.

Some Chinese domestic PX manufacturers plan to gradually shut down for maintenance in January, due to which supply has decreased, leading to a firmer cost support to PTA.

From a longer-term perspective, rapid amplification of ethylene production capacity results in insufficient naphtha supply. In the fourth quarter of 2010, prices of naphtha, MX and PX rose sharply, of which PX price rose more than 30 percent.

PX price will be difficult to see substantial decline in 2011, which will provide strong cost support to PTA.

According to data from Sinopec, China will have new polyester production capacity of between 3.6-6.0 million tons. As per estimates, new polyester capacity will consume 3.1-5.16 million tons of PTA, which is significantly higher over the new expansion of PTA production capacity.

Fibre2fashion News Desk

Must ReadView All

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

C Kamatchisundaram

ITME is an occasion not only to receive new leads but also to work on...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mohammad Hassan
Biax Fiberfilm

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


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