Polyester markets driven by cost in April 2024
During April 2024, the polyester market in Asia were mainly driven by cost support emanating from the over 5% month on month jump in crude oil futures. Its cascading effect [...]
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PTA moderates but spread with paraxylene widens
PTA or purified terephthalic acid, the key raw material to produce polyester – saw prices rise in early May in Asia on incessant buying, coupled with overall slow [...]
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Why did polyester prices remain flat in the last week of March
Polyester fibre (PSF) prices remained unchanged across China, India and Pakistan in the last week of March due to stable but weakening cost support. In China, PSF markets were [...]
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Polyester inputs mixed in second week of February
Polyester inputs or intermediates markets were mixed in the week ended 15 February, with purified terephthalic acid (PTA) prices rising in China and edging down outside China [...]
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Polyester prices remain range bound in third week of New Year
Polyester prices, both fibre and filament yarns, were range bound in the week ended 18 January. They are likely to remain so until the Lunar New Year festival in China in [...]
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Polyester price sobers as raw materials beat a hasty retreat
Polyester market momentum which had slowed down in the first week of September took to reversal in the second week of the month, just ahead of the peak season. In China, [...]
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Polyester takes breather as the march slows early September
Polyester staple fibre markets in Asian remained supported by higher feedstock cost despite seasonal lull in demand. Prices in China local markets inched up while export [...]
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Polyester market drivers in the week of 24 August
Polyester fibre prices continued to surge on the back of rising purified terephthalic acid and also mono ethylene glycol cost in the week ended 24 August. However, trade [...]
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Polyester manufacturing gets costlier as raw material prices rise
Polyester manufacturing got costlier in the week ending 13 April as PTA and MEG, the key raw materials prices surged. They are used in manufacture of chip, fibre and [...]
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Polyester prices in Asia likely to moderate in March on weak upstream
Polyester prices in Asia are likely to moderate in March 2018, says the Global Polyester Price Forecast report of Textile Beacon. The forecast assumes crude oil prices to move [...]
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