polyester price in india | Yarns and Fibers

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Polyester pricing softening across the value chain

Nitin Madkaikar

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.

Polyester chain witnessed another bout of cost-push price advances

Nitin Madkaikar

Related Keywords: ethylene price, MEG price, paraxylene price, polyester chip price, polyester fibre price, polyester filament price, polyester price in china, polyester price in india, polyester price in Pakistan, PTA price

The polyester chain witnessed another bout of price advances in the week ended 24 April, with polyester staple fibre and filament yarn prices zooming past or almost at par with its previous high seen in the last week of November 2014. This time prices the push came from the demand side rather than cost side. Also helping came from the rounds of maintenance shutdown in the upstream industry. Added to these factors was a couple of fire breakout at petrochemical plants in China that feed the polyester industry.

Unstoppable drop in polyester chain pricing led by crude oil

Nitin Madkaikar

Related Keywords: ethylene prices, paraxylene prices, polyester fiber prices, polyester filament yarn prices, polyester price in china, polyester price in india, polyester price pakistan, Polyester prices

The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a barrel in the week for the first time since 2010. The markets were grappling with oversupply resulting from the US shale gas boom and the recent decision by the OPEC not to cut output. US shale is highly scalable and most estimates peg the breakeven price in key regions of this unconventional supply at US$65 per barrel.

Polyester markets recovers in Asia, PSF producers in China raise offers

Nitin Madkaikar

Related Keywords: pfy price, Polyester filament prices, polyester price in china, polyester price in india, polyester price in Pakistan, polyester staple fibre price, psf price

Polyester filament yarn markets remained firm in the week of 8 November in Asia and prices were seen rising for some specs. Offers for POY and FDY were hiked further sporadically in China while DTY remained stable. However, trading sentiment was lackluster, and low prices vanished gradually, as participants carried a cautious attitude amid wait-and-see sentiment. In Shengze, trading sentiment for PFY was passable as buyers cautiously bought for stocking amid rigid demand. In Pakistan, trading sentiment was insipid and small hikes were made to sporadic offers DTYs.

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