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India Crude Prices Affect Polyester Yarn Price Decline

2008/12/6 0:00:00 79

Because

crude oil

The price falls below the $50 mark, so downstream products, such as polyester, will be significantly affected.

In order to maintain competitiveness, polyester industry decided to reduce polyester yarn prices by nearly 20%.

India

MrDevkishanManghani, Secretary General of Surat Textile Association, told media Fibre2fashion,

crude oil

Prices plummet and polyester yarn prices follow.

Plunge

。

      到目前為止,聚酯紗價格已經(jīng)減少5-10%,預(yù)期2009年1月還會再跌5-10%。以前聚酯紗價格每米120-130盧比,現(xiàn)在聚酯紗價格已經(jīng)降至每米80-90盧比,預(yù)期還會繼續(xù)下降。

At the same time,

polyester

The price of other products on the value chain will also be affected, such as

Grey

and

Fabric

。

Spin

The enterprise produces about 30 million meters of polyester cloth every day.

Experts expect that the price will fall by 20%, and the output of polyester fabric will be greatly impacted.

The general secretary said, "the finished products will also be cut down because they can.

New yarn

The price is cheaper.

At present, our output has been reduced by 20%.

Sluggish

The situation is expected to last until mid January.

 

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