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

Apparel/Garments | On 6th Jul 2020

UK, Kenya agree to start post-Brexit trade negotiations

The UK and Kenya agreed to start talks on a post-Brexit trade pact in ...

Pic: ICAC

Textiles | On 6th Jul 2020

China to be largest importer of cotton lint in 2019-20

Despite a 12 per cent decrease from the previous season attributed to ...

Pic: Beyond Leather Materials,

Textiles | On 6th Jul 2020

Danish company generates €1.1 M for plant-based leather

Beyond Leather Materials, a company that produces plant based,...

Interviews View All

Yashiki Gumber, Sahiba Fabrics

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Kamlesh Vaghela, RK Textiles

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

C. Dhandayuthapani, Mag Solvics Pvt. Ltd

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Deepak Mundra,

Deepak Mundra

Surat-based Madhusudan Group is a vertically integrated textile...

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Himanshu Jariwala,

Himanshu Jariwala

J Korin started as a partnership firm with four powerlooms in the textiles ...

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...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

Anisha Chaudhari, Threads & Shirts

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

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


July 2020

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


Advanced Search