[ ]
From: Emerging Textiles
3 November 2009 -- Polyester prices stopped rising after the weekend in China, in line with weaker demand and lower raw material costs. The continued rise in cotton prices may however boost polyester staple fiber use in the coming months.
Polyester prices stopped rising in China and began even slightly declining.
The averaged price for 1.4D staple fibers was down 80 yuan per metric ton on Monday and Tuesday, a small decrease of about 1 cent per kilo.
This is a new trend appearing for polyester prices after they began rebounding in the post-holiday period in China.
Blends Are Less Rising
Staple fiber prices are still far from their record high this year, as clearly indicated by our graph below.
Demand may be weaker from spun yarn producers after prices strongly rose in the past weeks.
Spinners also raised their prices for 100% polyester yarns but may have found it more difficult to increase blended yarn prices, especially polyester-cotton prices.
Excess Supply
Polyester production continued this year increasing in China, whatever the fall in textile production.
As a consequence, excess supplies may put pressure on PSF prices in the long term.
On the other hand, there is a continued rise in cotton prices reflecting stronger demand for spun yarns and a lower cotton production this year.
The cotton-polyester price difference is therefore rising and this could boost polyester use in China.
Polyester overcapacities would more easily be digested, as a result.
_____________________
|
Home
Add Your Company Contact
Us About Us Advertise
News Letter Legal
Help |