The textile imports stayed muted during the quarter ending September as major European players were heard stocked with ample polyester yarn inventories. Production rates in the textile sector were heard pressured as some countries declared lockdowns to combat the second wave of infections which producers feared may affect the offtakes. PFY pries were heard tracing an uptrend aligning with the feedstock MEG and PTA. By the end of the third quarter, Europe was heard seeking more PFY volumes as the demand season began in the region.
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Company-wise installed capacity, production volume and plant operating efficiency is captured directly from manufacturers. Import and Export volume is captured from government sources and demand for Acrylonitrile is calculated considering the production, import, export and inventory-levels on the country and regional level markets.
Acrylonitrile price is correlated with the price trend of crude oil, demand-supply gap, Propylene and with movement across the downstream derivatives such as acrylonitrile-butadiene-styrene (ABS), styrene-acrylonitrile (SAN) etc.
Basic details and information on financial performance of leading global players in the Acrylonitrile market is presented in a visually captivating manner. Expansion plans and the company’s strategy is also captured to understand the vision and mission of the company to help understand the areas where companies need to focus more.
Daily updates on industry-specific and product-specific news, exclusive primary-based news capturing plant shutdowns/outages/closures, capacity expansions, operating rates, insights on demand-supply situation, awarding of technology licenses, new product launch and deals specifying mergers and acquisitions, strategic investments and disinvestments, to help players capitalize on market opportunity.
Finally, region-specific markets for Polyester Filament Yarn (PFY) are analyzed and region-wise demand pattern is tracked.
The key utilization of Polyesters has been in the textiles for making Polyester Yarns such as Partially Oriented Yarn (POY), Polyester Drawn Textured Yarn (DTY), Polyester Fully Drawn Yarn (FDY), Polyester Staple Fiber (PSF), Polyester Spun Yarn (PSY), Technical Yarn, Mono filaments Yarn etc. The fabrics used in the apparel industry are composed of mainly three types of yarn including Polyester Filament Yarn (PFY), Polyester Staple Fiber (PSF) and Viscose (mainly cotton). PFY accounts for around 40 per cent of the global polyester consumption. While Polyester staple fiber (PSF) are polyester fibers of short length having a length up to few centimeters, Polyester Filament Yarns (abbreviated as PFY) are long length (more than 1000 meters) polyester fibers obtained either directly by the polymerization of Purified Terephthalic Acid (PTA) and Mono Ethylene Glycol (MEG) or indirectly through fiber chips. PFY is spun and knitted into fabric for customers and home furnishings like curtains, bed sheets, bedsheets and draperies.
