Home / Knowledge / News / Textiles / Market holds a wait-and-see attitude

Market holds a wait-and-see attitude

19
Feb '08
On February 18, PTA price went up, MEG price indicated temporary correction, and where as prices of semi-dull and bright polyester chips were in consolidation. CDP chip price trimmed. PET bottle slice price slightly lowered.

Acrylic Staple 1.5 D × 38mm, acrylic top 3 D × 102mm prices were in consolidation. CPL, nylon 6 slice prices moved sideways.

Polyester filament market demonstrated an overall weak state, market bids were not unified, although offers from chemical fiber spinning plants were steady, inventory and sales pressures were huge in general. Presently, the market holds a strong wait-and-see attitude, most people believe that polyester filament market will continue a weak adjustment in short term.

Yarn market barely remained stable. Cotton yarn 30s was still salable, it is mainly used on air-jet looms to produce Fancy Fabrics; polyester yarn 32s, 45s still had good demand. Sale of rayon yarn 10s was fair, but price remained steady. The market trend of polyester and viscose yarn, polyester blended yarn had little change. PSF prices declined; VSF prices remained stable.

Market outlook is expected to mainly show a moderate correction.

For further quotations click here

Fibre2fashion News Desk - China


Interviews View All

Top executives, Textile industry

Top executives
Textile industry

Union budget 2018-19 will have positive impact on apparel industry

Headhonchos, Textiles & allied industry

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Office bearers, Textile industry

Office bearers
Textile industry

There might be negative impact on garment exports

Tom Adeyoola,

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Fan Liyuan,

Fan Liyuan

Chinese company Jiangsu Yingyang Nonwoven Machinery, established in 1993,...

Lin Jing,

Lin Jing

Jiangsu New Victor is a Chinese mechanical equipment manufacturing...

Kerem Durdag, Biovation II LLC

Kerem Durdag
Biovation II LLC

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

Madison Maxey, Loomia

Madison Maxey
Loomia

Loomia designs and manufactures soft circuit systems that can be produced...

Melissa Tate, University of New South Wales

Melissa Tate
University of New South Wales

<div><div><div><div><b>Melissa Tate</b>, a well-known scientist currently...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Divvya and Nidhhi Gambhir, Walnut

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

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 2019

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


Advanced Search