Home / Knowledge / News / Textiles / PET SD chips price dips sharply on year in Northeast Asia
PET SD chips price dips sharply on year in Northeast Asia
Nov '13
In Northeast Asia, the average price of semi-dull (SD) polyester (PET) chips decreased to US$ 1,215/ton in October 2013, showing a sharp decline of 7.25 percent over average price of US$ 1,310/ton registered during the same month last year.
In October 2013, PET SD chips prices fell from US$ 1,225/ton in the beginning of the month to US$ 1,205/ton by the end of the month, showing a fall of 1.63 percent.
PET chips prices decreased in Asia in the fortnight ending October 31, due to subdued demand from the downstream market.
Prices of Bottle-grade chips were assessed at US$ 1,345/ton in Northeast Asia last fortnight ending October 31, which was lower by 2.18 percent compared to the previous fortnight.
In the Chinese domestic market, the average price of SD chips was around RMB 9,100/ton and of super bright chips was around RMB 9,225/ton, in the first half of last fortnight ending October 31, while CDP chip prices was around RMB 10,525/ton.
In the second half of last fortnight, the average price of SD chips was around RMB 9,000/ton and of super bright chips was around RMB 9,100/ton, while that of CDP chip prices was around RMB 10,500/ton.
In Europe, contract prices of PET bottle grade chips declined to € 1325/ton FD NWE and spot prices were witnessed at € 1180/ton FD NWE mark in the first half of the last fortnight ending October 31. The decline in prices was due to sluggish regional buying sentiments and weaker feedstock market.
During the second half of the fortnight, contract prices of PET bottle grade chips dropped to € 1315/ton FD NWE mark, while spot prices were assessed at € 1175/ton FD NWE mark. The price declined due to bearish market sentiments coupled with weak feedstock prices.

Fibre2fashion News Desk - India

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 23rd Oct 2021

FDRA urges US govt to remove tariffs causing kids' shoe price spikes

The Footwear Distributors and Retailers of America (FDRA) has sent...

Pic: Sorbis / Shutterstock.com

Fashion | On 23rd Oct 2021

Calvin Klein & Louis Vuitton top 2 trustworthy brands for US customers

Calvin Klein, an iconic American brand that has existed since 1968,...

Pic: Breuninger

E-commerce | On 23rd Oct 2021

Fashion retailer Breuninger to launch e-commerce portal in Poland

After Austria (2017) and Switzerland (2019), fashion company...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Extension of RoSCTL to boost textile exports

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Mumin Can Eker,

Mumin Can Eker

Maseksport Inc is a readymade garment exporter. Founded in Izmir in 1989,...

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Ahmet Gecikli,

Ahmet Gecikli

Ser Mekatronik, founded in 2008, is specialised for providing mechanical...

Shaan Sethi, Jaanuu

Shaan Sethi

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Jacques Prigneaux, EDANA

Jacques Prigneaux

EDANA has been the leading global association and voice of the nonwovens...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by <b>Aprajita Toor</b> were born out of a deep desire to...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

<b>Ruma Devi i</b>s a jet-setting promoter of artisans who has empowered...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

October 2021

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

Advanced Search