Polyester prices inch up in China, down in India

In China, offers for 32s polyester yarn in Shengze rose US cents 3 a kg in the first week of January. Spun polyester yarn offers reacted to the surging polyester staple fibre prices during the week. Market saw moderate demand as sales were modest.

In India, polyester yarn 30 knit yarn prices were down INR1 a kg (down US cent 1 a kg on the week) in Ludhiana market.

In Pakistan, polyester yarn prices were unchanged during the week supported by stable polyester staple fibre cost and increasing demand.

Polyester spun yarn prices inched up in China, fell in India while they were firm in Pakistan during the week.

Courtesy: Weekly PriceWatch Report

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