Home / Knowledge / News / Textiles / Chinese imports of powerlooms leap in 2011
Chinese imports of powerlooms leap in 2011
17
May '11
On Monday, PTA spot price was under adjustment, MEG price slightly increased, semi-dull polyester chips and super bright polyester chips declined in price, CDP chip price corrected, PET bottle chip price tested lower level.

There was a price adjustment in acrylic staple fiber 1.5D × 38mm and acrylic top 3D × 102mm. CPL and nylon 6 chip prices declined.

Polyester market appeared sluggish during the weekend, trading atmosphere remained light, polyester filament market opened lower and continued decline on Monday.

A mainstream local manufacturer cut its semi-dull FDY product price by 100-300 Yuan / ton, DTY products and bright FDY products also declined by 100-200 Yuan / ton. However, one major direct spinning manufacturer in Shengze increased its DTY products by 100-200 Yuan/ ton.

Judging at current markets of upstream and downstream sectors, upstream raw material prices continue to decline, it will especially impact confidence of PTA futures, polyester market currently shows strong wait-and-see atmosphere. Polyester filament market is expected to continue testing lower level amid shocks in the short term.

Overall market of all cotton yarn continued to show a downward trend, prices fell further. Cotton yarn 21s and 32s had better demand from downstream jet weaving sector, while other specifications traded flat.

Price of 65/35 polyester and viscose yarn also decreased. Polyester and cotton yarn declined amid steadiness, but trade volume was flat.

Polyester yarn market fell amid steadiness, 45s slightly enlarged transaction volume. Rayon yarn 30s was more popular, while prices of individual species continued to drop.

Polyester staple fiber price was under suppression, market price averaged at 12,750 Yuan / ton. Market price of viscose staple fiber fell to 22,200 Yuan / ton.

Man-made yarn market is expected to grind lower in the short term.

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

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

C Kamatchisundaram
Voltas

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

Headhonchos
Indian fashion industry

Cotton consumption will keep growing in the Indian fashion industry

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Vikas Banduke

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

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Kerem Durdag
Biovation II LLC

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

Giorgio Mantovani
Corman S.p.A

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Prathyusha Garimella
Prathyusha Garimella

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

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