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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,聚酯紗價格已經減少5-10%,預期2009年1月還會再跌5-10%。以前聚酯紗價格每米120-130盧比,現在聚酯紗價格已經降至每米80-90盧比,預期還會繼續下降。

    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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