Home / Knowledge / News / Textiles / Polyester trade to recover in Q4

Polyester trade to recover in Q4

22
Oct '08
Experts anticipate that the polyester plants in China will have opportunity to raise better profits in the fourth quarter of 2008 as demand from downstream manufacturers is recovering and the prices of upstream raw materials like PTA and EG are dropping.

Reportedly, third quarter will be seen as the worst period for polyester manufacturers this year.

Industry insiders explain that in the third quarter average plunge in prices of 150D, 75D and 72D filaments was 5-7 percent per kilogram as compared to that in second quarter.

Insiders say that downstream manufacturers are lacking inventories, which will lead to significant rise in demand. Thus, the potential of price hike for polyester is also strong.

With the declining raw-material prices, polyester plants are expected to reduce their costs and related companies are expected to improve operating margins. Therefore, revenues and profits are bound to heat up month by month in the forth quarter.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Shutterstock

Textiles | On 12th Jun 2021

G20 GDP returns to pre-pandemic level in Q1 2021: OECD

Gross domestic product (GDP) of the Group of 20 (G20) area returned...

Pic: Stock for you / Shutterstock.com

Apparel/Garments | On 12th Jun 2021

Prime Content| Japan's clothing imports fall 13.2% in 2020-21

Japan’s imports of clothing and accessories declined by 13.2 per cent ...

Pic: Shutterstock

Textiles | On 12th Jun 2021

Setting right targets for issues key to building biodiversity strategy

Setting the right targets for issues in play in locations, i.e.,...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Strike a balance between handmade in India and 'Make in India'

International apparel brands, Head honchos

International apparel brands
Head honchos

Launched first collection at onset of Covid

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Erwin Devloo,

Erwin Devloo

The Picanol Group is a diversified industrial group active worldwide in...

Nina Smith,

Nina Smith

GoodWeave International, a nonprofit working to end child, forced and...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Kevin Young & Tom Lucas, Web Industries

Kevin Young & Tom Lucas
Web Industries

Web Industries is a precision formatter of nonwoven materials used in baby ...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Sandeep Gonsalves & Sarah Gonsalves, Sarah & Sandeep

Sandeep Gonsalves & Sarah Gonsalves
Sarah & Sandeep

Established in 2012, Sarah &amp; Sandeep is a luxury menswear label...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by Aprajita Toor were born out of a deep desire to create...

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


June 2021

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


Advanced Search