ChemAnalyst Data Pvt Ltd

Polyester Filament Yarn (PFY) prices  have experienced notable fluctuations in recent times, driven by various economic and industry-specific factors. The global textile industry remains a crucial determinant in shaping the market dynamics, as demand for synthetic fibers continues to surge. A significant influence on PFY pricing stems from the raw material costs, particularly purified terephthalic acid (PTA) and monoethylene glycol (MEG), which are directly linked to crude oil prices. Any volatility in crude oil markets tends to have a cascading effect on polyester production costs, thereby influencing the pricing structure of PFY. Moreover, supply chain disruptions, geopolitical tensions, and fluctuations in currency exchange rates have further impacted the pricing trends of polyester filament yarn across different regions. The polyester filament yarn market has witnessed regional variations in price movements, largely dictated by supply-demand imbalances and trade policies. In As...