;
Home / Knowledge / News / Textiles / Shengze & Jiaxing polyester likely to be strained in 2008
Shengze & Jiaxing polyester likely to be strained in 2008
02
Jan '08
During the first half of last week of December, Shengze and Jiaxing polyester filament market looked plain, market sentiment was in doldrums, mentality of market operators appeared vulnerable and downstream buyers took a wait-and-see attitude, as most people generally felt the market would fall further.

During the second half, after the joint chip contract price was released, polyester/polyester composite filament price stabilized immediately. Overall trade volume was comfortable at a middle level. Some products of POY maintained good sales and production and market rate of FDY chip spinning factories rebounded, while the DTY price was relatively weak.

From varieties trend, sales of conventional FDY products were moderate. Sales of FDY75D/72F, 54D/24F, 40D/24F and 50 D, 75D were fair. Leading products of FDY63D/24F were offered at 12800-13000 per ton, due to buying interest declined after relatively larger procurement in prior time.

However, FDY68D/48F was more popular, currently market mainstream price was at 14,000 yuan per ton. DTY75D/72F/36F semi-dull (from small production units) faced sale pressures. DTY75D/144F, 100D/144F and 150D/288F still met some sales.

75D from DTY black filaments saw strong demand; it is mainly used in production of lining fabrics like black pointed silk fabrics and black twill. POY series had small demand and POY texturized filament maintained a certain trade volume.

Judging from current transactiontrend, though actual trade volume rose slightly, production and marketing rate of local spinning factories was generally at 90 to 100 percent and most spinning plants were unable to digest early inventories. Actual trade price in polyester filament market also receded.

2008 market outlook is expected to face the pressure of downward trend.

Fibre2fashion, News Desk - China


Must ReadView All

Japanese capital pouring into textile, garments in Vietnam

Apparel/Garments | On 12th Dec 2018

Japanese capital pouring into textile, garments in Vietnam

Several Japanese companies, including Itochu and Sakai Amiori, are...

Chanel bans fur, exotic animal skins in its products

Fashion | On 12th Dec 2018

Chanel bans fur, exotic animal skins in its products

French fashion retailer Chanel recently announced it will stop using...

Apparel, footwear brands failing to tackle exploitation

Apparel/Garments | On 12th Dec 2018

Apparel, footwear brands failing to tackle exploitation

Apparel and footwear firms are failing to tackle exploitation of...

Interviews View All

Victor Chao, Esmetex

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Top executives, Association

Top executives
Association

'Support and Outreach' huge relief for MSMEs

Representatives, Textile & apparel industry

Representatives
Textile & apparel industry

GST is a complicated and lengthy process

Cong Zheng,

Cong Zheng

The China Textile Machinery Association (CTMA) is a social-economic...

Harssh Chheda,

Harssh Chheda

Mumbai-based Corporate Collars provides bespoke tailoring services for...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Kai Poehler, Voith Paper GmbH & Co. KG

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Marcel Alberts, Eurofibers

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Adriano Goldschmied, AG Jeans

Adriano Goldschmied
AG Jeans

The hype around 'designer jeans' was created by him. And the new wave of...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Jay Ramrakhiani, Occasions Elegance Wear

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

Leave your Comments


December 2018

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

news category


Related Categories:

Advanced Search