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

Apparel/Garments | On 27th Jun 2017

Vietnam to build fashion, textile, trading centres

Vietnam's Ho Chi Minh City will build large centres for designing...

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Interviews View All

Hannah Lane
Redress

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

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Eric Scholler
Groz-Beckert

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

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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