Related Keywords: expected further increase in prices of raw materials, mono-ethylene glycol, polyester staple fibre prices, Purified terephthalic acid, risen by 10 percent, Rs 83 per kg, sharp increase in crude oil prices, short term, Synthetic textile manufactures, two to five percent over past month, witnessing raw materials getting costilier
Synthetic textile manufactures are witnessing raw materials getting costilier by two to five percent over the past month due to a sharp increase in crude oil prices. IT is expected a further increase in prices of raw materials in the short term. Due to an increase in crude oil prices, polyester staple fibre prices have risen by 10 percent over the past two months to Rs 82 a kg.
