Interviews
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Recycled polyester staple fibre reports regular price rise: TexPro
25 Feb '21
1 min read
Pic: TexPro
From the beginning of December 2020, the prices of recycled polyester staple fibre (PSF) have been increasing with growing PSF futures and downstream yarn demand, supported by the polyester feedstock market. The PSF price rose 9.22 per cent to 5,450.00 CNY/mt in February 2021 (2nd week) compared to 4,990.00 CNY/mt in the last week of November 2020.
In October 2020, the recycled PSF prices improved 7.36 per cent to 5,250.00 CNY/mt (end of month) from 4,890.00 CNY/mt (beginning of month). However, in November the prices declined 4.95 per cent to 4,990.00 CNY/mt.
The prices remained stable to lower with higher inventory and steady operating rate of spinners, lack of restocking demand from downstream buyers and with weaker rigid demand. The PFY companies focused more on the fulfilment of previous orders in the China export market.
Source: TexPro
Fibre2Fashion News Desk (JL)
Popular News
Leave your Comments
Editor’s Pick
Kimberly Morgan and Rik Veltman
K3 Business Technology Group PLC
Dr. Sameer Sood
National Institute of Fashion Technology
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
