Home / Knowledge / News / Textiles / PSF prices shoot up in 2011, buyers still line up
PSF prices shoot up in 2011, buyers still line up
17
Feb '11
Polyester staple fiber price has increased by 19 percent since this year. The industry widely expects that there is still space for price increase of polyester staple fiber, due to supply and demand gap.

Textile enterprises have resumed production after the Spring Festival holiday. Demand for polyester staple fiber has increased. Major textile companies are still stepping up purchases, despite rise in polyester staple fiber price.

It is usually the peak season for the textile industry after the Spring Festival and downstream manufacturers are apprehensive that, they will be unable to complete orders, if they do not purchase enough raw materials.

Prices of PTA, the main raw material for polyester staple fiber, have also increased fiercely since this year. Domestic demand and supply gap of PTA is anticipated to reach four million tons in 2011.

Setting up a PTA greenfield project involves a lot of time and also has a higher investment threshold, hence, experts opine that, demand and supply gap of PTA cannot be quickly filled in the short term.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Textiles | On 8th Dec 2016

R&D is key to textile industry’s growth: Kavita Gupta

Research and development is the key to the growth of the textiles...

Textiles | On 8th Dec 2016

Indonesia may ease procedures for raw material import

In order to boost the competitiveness of the domestic textile...

Interviews View All

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Veronique Lee
Modavanti

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

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao
Nayaab

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

Silvia Venturini Fendi
Fendi s.r.l

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search