In the Polyester FDY prices in China increased by 1.32% in the month of February 2022 from 8,247.14 RMB/MT to 8,355.71 RMB/MT. In March 2022, the FOB prices for polyester FDY further increased to 8,691.43 RMB/MT but dropped to 8,662.86 RMB/MT by the end of the month. The price rise was a result of increased tensions between Ukraine and Russia due to the war which raised concerns over supply issues and caused fluctuations in international crude oil prices which increased the maintenance costs for upstream PTA plants driving up the prices of polyester in the market.
Procurement Resource provides latest prices of Polyester (FDY). 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.
Procurement Resource provides prices of Polyester (FDY) for several regions around the globe, which are as follows:
Polyester is a broad category of polymers that contain the ester functional group in their primary chain. The material is utilised extensively in preparing yarn. Polyester FDY, that is, Polyester Fully Drawn Yarn is mainly used as weft or weaves while producing fabrics. It can be woven with any other filament yarn to produce fabric of other kind.
The Polyester (FDY) production is similar to that of POY production process, but, the only difference is that the yarn is manufactured at higher spinning speeds in this process along with intermediate drawing, which has been integrated in the process itself. This provides stabilisation through orientation and crystallisation, thus, forming the desired product.
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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).