Get the latest insights on price movement and trends analysis of Polyester (POY) in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).
Polyester (POY) Price Trends for the First Half of 2023
The perpetuity in the feedstock Polyester chip market kept the Polyester (POY) ‘Partially oriented yarn’ market going as well because the demands from the consuming sectors were very steady. The spot prices averaged at around 1106 USD/MT in the first quarter while averaged at around 1094 USD/MT (Spot FD) in the second quarter.
Some upward wavering was observed at the time of quarter shifting; otherwise, the market momentum was fairly stable and consistent. Few temporary fluctuations were owed to the variation in demands from downstream Polyester (DTY) industries. High inflation and low customer interest in the end consumer markets also manipulated the market trends.
According to Procurement Resource, the steadiness in the Polyester (POY) market is likely to maintain itself in the coming months as well since not any big changes are anticipated in the end consumer behaviors.
Procurement Resource provides latest prices of Polyester (POY). Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.
Polyester (POY), that is, partially oriented yarn is a type of polyester filament yarn. This type of yarn requires further processing, namely, the drawing process, which produces primary form of polyester filament yarn through polymerisation and spinning process. Thus, Polyester (POY) is mainly utilised as a raw material for DTY (polyester drawn textured yarn). It refers to multi-filament that has been partially stretched, further possessing lower tenacity and less uniformity than fully oriented yarn (FOY).
|Product Name||Polyester (POY)|
|Synonyms||Partially oriented yarns (POY), Pre-oriented yarns (POY)|
|Industrial Uses||Synthetic fibre yarns , Fabrics and dress materials, Draw warping for weaving, Warp knitting of fabrics|
|Supplier Database||Reliance Industries Limited, Filatex India Limited, Akra Polyester (Alpek S.A.B. de C.V.) , Indo Rama Synthetics (India) Ltd.|
|Region/Countries Covered||Asia Pacific: China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand
Europe: Germany, France, United Kingdom, Italy, Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece
North America: United States and Canada
Latin America: Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru
Africa: South Africa, Nigeria, Egypt, Algeria, Morocco
|Currency||US$ (Data can also be provided in local currency)|
|Supplier Database Availability||Yes|
|Customization Scope||The report can be customized as per the requirements of the customer|
|Post-Sale Analyst Support||360-degree analyst support after report delivery|
Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.
Partially oriented yarn is produced from the polyester chip or flake through the process of melting and extrusion (melt spinning). During the spinning process, which utilises the spinning system containing the extruder and the spinning pump, the filaments are stretched to meet the desired properties , thus producing Polymer (POY).
The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).
Procurement Resource is a one-stop solution for businesses aiming at the best industry insights and market evaluation in the arena of procurement. Our team of market leaders covers all the facets of procurement strategies with its holistic industry reports, extensive production cost and pre-feasibility insights, and price trends dynamics impacting the cost trajectories of the plethora of products encompassing various industries. With the best analysis of the market trends and comprehensive consulting in light of the best strategic footstep, Procurement Resource got all that it takes.
Procurement Resource has made a mark for itself in terms of its rigorous assistance to its clientele. Our experienced panel of experts leave no stone unturned in ensuring the expertise at every step of our clients' strategic procurement journey. Our prompt assistance, prudential analysis, and pragmatic tactics considering the best procurement move for industries are all that sets us apart. We at Procurement Resource value our clients, which our clients vouch for.
Expertise, judiciousness, and expedience are the crucial aspects of our modus operandi at Procurement Resource. Quality is non-negotiable, and we don't compromise on that. Our best-in-class solutions, elaborative consulting substantiated by exhaustive evaluation, and fool-proof reports have led us to come this far, making us the ‘numero uno' in the domain of procurement. Be it exclusive qualitative research or assiduous quantitative research methodologies, our high quality of work is what our clients swear by.