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Re-polyester filament yarn eases 1.7% in Chinese market in one month

30 Aug '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Prices for recycled polyester filament yarn dropped by *.*% in the Chinese market, falling from a monthly high of CNY **** per MT to CNY **** per MT.
  • This is linked to China's slow economic growth and a downturn in global exports.
  • Prices of other recycled products like PET bottle flake and re-PET chip remained relatively stable.

Recycled polyester filament yarn (POY ***D/**F) was priced at CNY *,***.** per MT in the Chinese domestic market in the last week of July ****. It rose to CNY *,*** per MT in the first week of this month. However, the prices fell to CNY *,*** per MT in the second half of this month, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro. 

The FOB price of the same product in the Chinese market also showed a similar trend. It fell to $*,***.** per MT from $*,***.** per MT in the first week of this month. While the prices exhibited volatility, they remained range bound. 

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