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Ynfx.com Press Release - Yarnsandfibers.com |
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21 APR |
The Polyester Staple Fibre Industry Witnessed Strong Growth In 2007 With Both Capacity And Consumption Surging Double Digits |
| The US$50 billion polyester industry has performed handsomely in 2007. Both demand and prices were the most favorable for the industry during the year. Robust economic growth across the world led to an unprecedented price level of crude oil which influenced other commodities to rise. As a result, the polyester staple fibre industry value rose to US$17 billion. Polyester has become the most sought after fibre across end use. Although it is the major textile and clothing fibre, of late its use in industry, par ... |
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22 SEP |
Demand for acrylic staple fibre is on a consistent decline since 2001 reports YnFx |
| The US$550 million acrylic fiber industry has been reporting poor performance over the past few years. Sixty-one producers spread across 56 countries with a little less than 3 million tons capacity is facing a severe demand crunch and sharp rise in input cost. In 2007, consumption declined 6% over 2006 while production fell by over 9%. The US$550 million acrylic fiber industry has been reporting poor performance over the past few years. Sixty-one producers spread across 56 countries ... |
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25 JUN |
Sustained Crude Oil Prices Put Upward Pressure On Textile Raw Materials |
| Crude oil shed some of it gains as Saudi Arabia (World’s largest Crude oil Producer) announced it would increase production by 200,000 barrels a month. Crude oil shed some of it gains as Saudi Arabia (World’s largest Crude oil Producer) announced it would increase production by 200,000 barrels a month ... |
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