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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Manmade fibre prices up in March, but showed signs of fading
Manmade fibre prices in Asian markets continued to run up in early March 2021 extending the post Lunar New Year rising craze in China. Polyester, in particular, was the leader [...]
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When will textiles tide over coronavirus crisis – Part 2
When will textiles tide over coronavirus crisis Part 1 had summarised the current status and had attempted to find some clue of recovery in terms of economic growth in the [...]
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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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Paraxylene tumbles, eases cost support for polyester
Crude oil markets opened May on a weaker note with moderate movement on either sides, but plunged after EIA revealed the US inventories hit 2.5-year highs. A strong US$ also [...]
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Cotton yarn export fetches higher price this October
Cotton yarn export in October 2018 was at 99 million kg worth US$310 million (INR2,250 crore), 11% above previous year’s level. 70 countries imported cotton yarn from India at [...]
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PTA makers enjoying healthy margins, but will they continue?
PTA (purified terephthalic acid) producers across Asia, Europe and US have been mostly enjoying healthy margins, on the back of steady growth in demand from polyester markets [...]
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Manmade fibre prices stable to up on firm cost
Manmade fibre prices in Asian markets were stable to up on cost support and rising crude values during the third week of May. Crude oil prices were volatile and changed market [...]
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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 fibre market stable in China
The overall polyester market was steady today as the cost of polyester raw materials stopped falling, and PSF producers also kept offers unchanged. Mainstream offers for 1.4D [...]
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