Polyester fiber prices rose sharply in China at the end of last week, after the October holidays. Higher PTA and MEG prices pushed fiber costs up. Both feedstocks then fell on Monday and fiber prices followed. Demand remains weak in the middle of the peak season. This weekly report covers the full polyester chain, from crude oil to PTA, MEG, polyester chips, polyester staple fibers and filament yarns.

Crude oil eased last week but Brent is still trading above 100 dollars a barrel. Renewed Iranian attacks may limit the rise in supplies expected in the coming months. Polyester chain prices in China held at high levels before the National Day holidays, with the exception of MEG. Supply tightness may again support prices when China returns on Thursday. Fiber demand is also expected to recover after a weak start of the peak season. This weekly report covers the full polyester chain, from crude oil and paraxylene to PTA, MEG, polyester chips, staple fibers and filament yarns, with price indicators for China, India