Polyester spun yarn price surges in Pakistan

In Pakistan, 30s spun polyester prices were up US cents 32 a kg on the month.

In the third week of October, producers in Pakistan continued to sell in small batches, and both domestic and export markets reported poor performance.

Players had weak confidence on the future sentiment, and buying interest was low, mainly for rigid demand.

In India, polyester yarn 30 knitting yarns prices were up US cents 2 a kg in the third week of October in Ludhiana market while they were steady in Indore market.

Prices of polyester spun yarn in India were kept largely steady, except that some specs which saw price rising marginally.

In China, offers for polyester yarn 32s in Shengze inched up US cents 2 a kg while 45s were also up US cent 1 a kg.

In Qianqing, offers for 32s polyester yarn were steady during the week.

Spun polyester markets in China were stable to up that week as mainstream offers for 32s and 45s inched up in Shengze of Jiangsu while 32s polyester yarn was mainly offered steady in Qianqing.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

5 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

5 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

5 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

5 years ago