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PSF prices 25% higher in India than China, both follow similar trend

*.*pt"> Polyester staple fibre (PSF) prices are currently around ** per cent higher in India compared to China. However, the manmade fibre has shown a downward trend in both markets. Over the last six months, PSF prices have increased in the Chinese domestic market, but they have recently decreased to $*.** per kg. A similar trend was observed in the Indian domestic market, where the prices were recorded at $*.** per kg in the first week of this month. 

*.*pt"> PSF prices in the Chinese domestic market were $*.** per kg in the first week of June ****. After a steady trend in July, they increased by *.** per cent to $*.** per kg in August. The prices further rose by *.** per cent to $*.** per kg in the following month. However, PSF prices decreased by *.** per cent in October and by *.** per cent to $*.** per kg. The prices are stable this month, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.