Home / Knowledge / News / Textiles / Rally in Chinese POY prices short-lived

Rally in Chinese POY prices short-lived

04
Jun '10
International crude oil prices rose for two consecutive days in the fag end of the last week, polyester POY market too rebounded by 100-200 Yuan on receiving the news. Trade volumes enlarged and sales significantly improved.

Since entering this week, the market has witnessed a gradual setback. Major POY companies have introduced their latest settlement price, which is down by 350 Yuan / ton, while pre-offers have dropped by 300 Yuan / ton.

The settlement price of POY100D/36F is at 10,850 Yuan / ton, pre-offer is at 10,900 Yuan / ton and the settlement price of POY150D/48F is at 10,550 Yuan / ton, pre-offer is at 10,600 Yuan / ton.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 10th Apr 2020

€5-mn EU emergency fund for Myanmar garment workers

In solidarity with Myanmar and the workers at risk in the garment...

Pic: Shutterstock

Textiles | On 10th Apr 2020

Govt exempts PPE, face mask import from customs duty

Considering the immediate requirement of personal protection...

Pic: Shutterstock

Textiles | On 10th Apr 2020

Opportunity for India post-Covid-19: Wazir Advisors

Post-coronavirus, some brands will follow the strategy of...

Interviews View All

Top executives, Textile industry

Top executives
Textile industry

In 10 years' time, everything will have the responsible factor integrated

Sunil Kumar Sharma, Loknayak JPNSSSG Ltd

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Footwear industry, Head honchos

Footwear industry
Head honchos

There is rising demand for fancy, trendy and yet comfortable footwear

Joachim Maier,

Joachim Maier

Switzerland-based Uster Technologies AG is the leading high technology...

Apurva Kothari,

Apurva Kothari

No Nasties was the first fashion brand in India to make 100 per cent...

Luca Formentini,

Luca Formentini

From the very beginning, Loris Bellini's aim was to produce dyeing...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Asif Rahman, MIP

Asif Rahman
MIP

MIP is a manufacturer and distributor of high-performance textiles and...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

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


April 2020

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


Advanced Search