Polyester yarn price climbs in Pakistan, stable in China

In Shengze, offers for 32s polyester yarn rolled over in the third week of April and 45s were stable on the week. In Qiangqing, offers for 32s were steady during the week.

Spun polyester yarn offers were stable that week in China as PSF markets kept rising and may pull up spun polyester market in coming weeks. However, terminal demand showed no sign of rebound and sale of spun polyester yarn was moderate.

Purchase of PSF was only to meet rigid demand, particularly after the additional volumes bought that week. Buyers will be more cautious going ahead.

In Pakistan, polyester yarn prices increased due to rise in PSF prices a few weeks ago, but yarn makers could not pass on the higher costs to customers. 30s and 60s spun polyester prices were up US cents 3 a kg due to weaker currency.

In India, polyester yarn price movement was solely on demand supply situation where prices gained in Indore market but moderated in Ludhiana. Polyester yarn 30 knit yarn prices fell INR2 a kg (down US cents 3) in Ludhiana market while they were up INR1 a kg (up US cents 2) in Indore.

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