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Polyester spun yarn market in China was slightly higher in June on the back of firm PSF cost amid moderate transactions. In Shengze, offers for 32s polyester yarn were up US cents 3 a kg from May.

In India, polyester yarn prices remained unchanged after being lifted in early June following hike in PSF prices. In India, 30 polyester knit yarns rolled over in Ludhiana market.

In Pakistan, polyester spinners were confronted by lack of export orders, in line with the rapid decline of overall exports. In Pakistan, 30s spun polyester was unchanged on the month.

Related Keywords: Polyester price, polyester spun yarn price in China, polyester spun yarn price in India, polyester spun yarn price in Pakistan, polyester yarn, polyester yarn price in Asia, PSY price

Related Keywords: Ethylene prices in Asia, Ethylene prices in Europe, Ethylene prices in US, MEG price in Europe, meg price in US, meg prices in Asia, paraxylene price in US, paraxylene prices in Asia, paraxylene prices in Europe, pfy price in China, pfy price in India, pfy price in Pakistan, Polyester price, psf prices, pta price in Asia, pta price in Europe, pta price in US

Ethylene prices declined sharply in the first week of March in North East Asia as demand dropped for downstream styrene monomer while other derivatives like PE weakened significantly. In US, ethylene spot fell on longer supply as Formosa Plastics Texas unit returned from turnaround while February contract was settled higher on the month. European ethylene market was bullish as material remained tight amid firm demand remains.

Related Keywords: acrylic price, Benzene price, ethylene prices, Nylon price, paraxylene price, petrochemical price, Polyester price, polypropylene price, propylene price

Petrochemical derivatives are an important starting point for manufacturing textile fibers and filament yarns. While ethylene, paraxylene, benzene and propylene are mother feedstock for production of polyester, nylon, polypropylene and acrylic fibres and filament, any movement in their prices have direct impact on input costs and thus the final product pricing.

In China, 75/72 POYs price fell US cents 5 a kg in the second week of August in Shengze while 75/36 was also down US cents 5 a kg. In Shandong, PFY market was mostly stable, with a few underpriced products up marginally. In Jiangsu, PFY market was supported by the strong PTA market. In addition, downstream buying improved significantly as the market saw a long-awaited recovery. Although prices rolled over in Yuan term, they declined sharply in US$ due to significant devaluation of the currency.

Related Keywords: dty price in Pakistan, polyester filament yarn price, Polyester price, poy price in China, poy price in India, yuan devaluation

Polyester filament yarn prices were seen falling in China in the first week of August while producers pegged offers mostly stable. Downstream buyers were on the sidelines expecting prices to follow sobering upstream cost. Sales varied according to products.

Related Keywords: dty price in Pakistan, polyester filament yarn price, Polyester price, poy price in China, poy price in India

Polyester chain prices have started reflecting the deflating oil prices. Beginning at the upstream ethylene prices fell in Asia but gained in US on supply imbalance. Similarly, paraxylene markets moved either sides across markets. In contrast, downstream PTA and MEG markets edged up seeing demand revival for both and recovering past week’s fall. Filament yarn and polyester were in tandem with raw material pricing in the week ended 26 June 2015.

Related Keywords: ethylene price, MGE price, mono ethylene glycol price, paraxylene fibre price, Polyester price, polyester price in asia, PTA price, purified terephthalic acid price

Related Keywords: ethylene price, MEG price, mono ethylene glycol price, paraxylene price, Polyester price, polyester price in china, polyester price in india, PTA price, purified terephthalic acid price, textile prices

Polyester pricing has been on a sluggish mode ever since crude oil price began to dwindle with occasional peaks and troughs. In the week ended 19 June, polyester upstream feedstock, ethylene markets in Asia gave back earlier week’s gains as prices were dragged down by rising regional and deep-sea supplies. However, the price drop was limited by cracker shutdowns. Asian markers fell US$5-10 a ton week on week. Prices were down Euro14 a ton both on FD NWE and CIF NWE basis.

Asian ethylene prices stayed flat amid weak PE market and turnarounds. Polyethylene prices were seen softening on a combination of weaker LLDPE futures, tapering agricultural demand and falling domestic prices in China. In Europe, ethylene spot also remained flat as market awaited production restarts. In US, ethylene spot slipped after restarts of two US Gulf Coast producers’ plants while Evangeline in-service date was expected by 15 June.

Related Keywords: ethylene price, MEG price, paraxylene price, polyester fiber price, polyester filament price, Polyester price, polyester staple price, PTA price

Related Keywords: ethylene prices, MEG prices, mono ethylene glycol prices, paraxylene prices, Polyester price, PTA prices, purified terephthalic acid prices

Polyester feedstock – ethylene and paraxylene and intermediates – purified terephthalic acid and mono ethylene glycol, prices are moving up now. In the week ending 20 February, although the major producer and consumer China was on a long Lunar New Year holiday prices strengthened during the week. It all began with crude oil prices recording three consecutive weeks of gains, both US futures and European Brent. Since end of January, oil prices have gained 13 per cent on news of falling rig counts in US. This led to support to downstream derivative naphtha markets.

Related Keywords: cotton farmers, ICAC, international cotton price, Polyester price, World cotton consumption, Zimbabwe Farmer, Zimbabwean cotton industry

The increase in world consumption of cotton likely to bring revival in the Zimbabwean cotton industry as the cotton farmers are expected to benefit from the anticipated world demand since the development is set to boost the current cotton prices.

According to the International Cotton Advisory Committee (Icac) an association of governments of cotton producing, consuming and trading countries, with polyester and cotton prices converging, world consumption of cotton is forecast to increase by 5% to 24,5 million tonnes in 2014/15.