Home / Knowledge / News / Textiles / Mixed trends observed in textile raw materials market
Mixed trends observed in textile raw materials market
29
Mar '11
On Monday, Chinese markets of various textile materials witnessed a mixed trend because of uncertain market conditions. Though the cash prices of raw materials are at lower level, traders are not interested in fresh buying. Due to this factor, market has witnessed weak sentiments.

At present, the aggregate cash prices of raw materials are at lower level but downstream purchases of polyester filament is not steady. Though weaving and texturing companies do not have enough filament stocks, they are showing interest in covering short positions by the end of the month. Because of this tendency, short-term prices of polyester filament are expected to remain at a high and wide range.

In PTA market, spot prices slide downward and MEG price moved sideways. On the other hand, semi-dull and super bright polyester chips extended their strong positions. CDP chip prices showed stability while PET bottle chip price was under correction.

In acrylic varieties, staple fiber 1.5D × 38mm, acrylic top 3D × 102mm were under price adjustment and CPL, nylon 6 chip prices witnessed stability. .

Because of steady demands from local spinning factories, polyester filament prices were stable. In this segment, cash offer of POY75D/72F stood at 17,600 Yuan / ton with higher trade volume, compared to the weekend.

In different varieties, FDY recorded significant transactions. Polyester staple fiber and viscose staple fiber prices registered negative growth rate.

In cotton yarn segment, all varieties declined further with very low trade volume. Cotton yarn 32s, mainly used in jet nylon series production, was in better demand as always but other specifications could not attract buyers in a big way.

Prices of blended products and polyester/ cotton products eroded further while viscose yarn products nosedived with very few deals. Pure polyester yarn strengthened its position but the trade volume was disappointing. Rayon yarn prices decreased further.

Considering the factors, man-made fibres yarn market is expected continue its downward trend in near future.

Fibre2fashion News Desk - China


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Hannah Lane
Redress

Encouragement from brands will motivate supply chains to become more...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Jay Ramrakhiani
Occasions Elegance Wear

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

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

October 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

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

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

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

Yes No

Active Poll

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

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

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

Active Poll

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

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


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