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

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Kerem Durdag
Biovation II LLC

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Giorgio Mantovani
Corman S.p.A

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

Wendell Rodricks
Wendell Rodricks

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

July 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

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

Yes No

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

Yes No

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


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



X