Textile Cotton Fabric Exporter

5 January 2009 - Polyester intermediate prices began declining in the last week in Asia, reflecting a low level in demand and a surprising fall of paraxylene prices. The recent rebound in prices in the polyester pipeline has apparently ended. Although a series of Asian producers have shut down facilities, new production lines are expected coming on stream this year, especially in China. This should maintain prices at their currently low level.

05 October 2008 - Polyester staple fiber prices were lowered by mid-September in Pakistan in line with the current trend in the global market. Spun yarn prices also decreased as a result, for both 100% and polyester-cotton prices. The decline in cotton prices depressed demand for PSF. Polyester filament prices slightly rose by contrast, our Pakistan Correspondent reports.