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PTT fibre industry in disorder

19
Sep '08
PTT fibre is divided into two sections of filament and staple. After years of research and development, China's large chemical fibre enterprises have been successful in producing PTT fibre.

With gradual and continued expansion of PTT fibre manufacturing capacities, China has become a PTT fibre spinning hub across the globe. But due to reasons beyond its control and change in market dynamics, the once vibrant industry is entering a period of disorder.

Global production of PTT chips is controlled majorly by Shell Chemicals and DuPont. Due to this the country is solely dependent on these suppliers for their raw material requirements.

The local manufacturers of PTT fibre are not able to quickly adjust to global changes in market conditions; more in particular the prices.

Rapid expansion in PTT fibre manufacturing capacity has led to a fall in market prices of the fibre. From a peak of Yuan 80,000 per ton it has plunged to Yuan 40,000 per ton. Manufacturers in desperation are offering low prices to reduce their rapidly rising stock levels.

There has been no research and development in recent years on fabrics manufactured from PTT fibre, nor has there been any efforts put in to raising awareness levels of fabrics made from the same.

Experts are suggesting that the only way to get out of this confusion is to enhance the basic research and adapt new technologies for manufacture of PTT fibre.


Fibre2fashion News Desk - China


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