Free Polyester Staple Fibre Price Trend and Forecast New York

Published date: December 5, 2022
  • Location: New York, New York, NY, United States

Polyester Staple Fibre Price decreased due to a deteriorating outlook for domestic demand. Most downstream weaving firms were cautious about raw materials purchase, as the market's overall trading environment was light, and demand was not healthy. At the same time, producers were primarily concerned with operational cuts as weaker demand led to material accumulation on the domestic market. Feedstock prices for Purified Terephthalic Acid (PTA) and Mono-Ethylene Glycol (MEG) decreased with falling crude oil prices during the first half. While in the later period, production was severely disrupted due to Hurricane Ian's effects in the country's southern region, which reduced inventories, causing a marginal hike in price during September.

For more information
E-Mail:- sales@chemanalyst.com
websites:- https://www.chemanalyst.com/Pricing-data/polyester-staple-fiber-32
Contact No:- +13322586602

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