Asian Synthetic Fiber Prices Fell 1 From March.

According to recent reports, Asian trading prices of synthetic fibers have continued to decline recently, and polyester and nylon prices have dropped by 10% over March.

Affected by the continued spread of the European debt crisis, the export of many fiber production bases in China has stagnated.

In addition, the international prices of synthetic fiber competitive products, cotton plummeted, and some of the demand shifted to cotton, which also affected.

The price.

At present, the price of polyester staple used for shirts and other clothing is about $1.52 / kg, down by about 8% compared with March, down 2 from 1 years ago.

A Japanese firm said, "China's clothing sales are growing slowly, and fiber stocks are in serious condition".

In addition, the price of polyester filament used for curtains and car seat belts also dropped to about $1.87 / kg, down about 10% from the same period last year.

China is a fiber export base for all the countries in the world. And because of the economic downturn of the main exporter, it is difficult for factories to obtain new export orders, and domestic fibers and fabrics are beginning to backlog.

Used to produce products such as carpets.

The paction price was about $3.45 / kg, down about 9% from the same period last year.

Trading prices of synthetic materials for tire reinforcement also began to decline.

In the first quarter, the sales of new cars in China decreased by 3.4% over the same period last year. In the future, the demand for tire related products may decrease, and the volume of purchases declined accordingly.

The price of natural fiber and cotton, a substitute for synthetic fibers, is also falling, thanks to the increasing supply from Australia and Brazil.

Cotton is blended with polyester fibers to produce shirts and blouses.

If cotton prices fall, cloth production companies will increase the blending ratio of cotton and the demand for synthetic fibers will therefore decrease.