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Asian fibre and yarn prices decline in December 2017

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Polyester staple fibre prices in December 2017 slipped in China amid cautious buying sentiment during the month. PSF manufacturers also reduced the operating rate due to insipid trading sentiment. In Pakistan, PSF prices inched up this month as demand was strong in polyester market. In India, PSF offers were steady during the month. In China, 1.4D PSF was down US cents 3 a kg as compared to November. In India, 1.2D PSF prices were up US cents 2 a kg from last month.

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