Oil spike hits polyester chain as cotton regains cost ground
11 Mar '26
7 min read
Pic: Shutterstock
Insights
Oil prices jumped nearly ** per cent between February 23 and March 9, triggering sharp increases across the polyester value chain.
PX and PTA surged over ** per cent, while PSF in India rose **.* per cent.
Cotton prices remained largely stable, narrowing the cost gap between synthetic and natural fibres and potentially shifting fibre-mix decisions for textile manufacturers.
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