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


Must ReadView All

Azerbaijan’s Gilan Textile Park raises exports by 40%

Apparel/Garments | On 18th Aug 2018

Azerbaijan’s Gilan Textile Park raises exports by 40%

Azerbaijan's Gilan Textile Park has raised its exports by 40 per cent ...

CPD studies living cost of Bangladesh RMG workers

Apparel/Garments | On 18th Aug 2018

CPD studies living cost of Bangladesh RMG workers

The living cost of readymade garment (RMG) workers in Bangladesh...

India’s CCI to directly buy cotton from Rajasthan farmers

Textiles | On 18th Aug 2018

India’s CCI to directly buy cotton from Rajasthan farmers

Cotton will be procured directly from farmers in Rajasthan by the...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Manoj Sorathiya

Surat-based Sunrise Imports & Exports Co is a manufacturer and...

Abhishek Pachauri

Reckon Industries is into manufacturing of textile process house machines, ...

Tom Adeyoola

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

Pierre Wiertz
EDANA

EDANA, the international association serving the nonwovens and related...

Marcel Alberts
Eurofibers

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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


August 2018

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

news category


Related Categories:

Advanced Search