HOME -> Brand Apparel News -> China Brand Apparel News -> Asian PTA demand surpasses capacity levels
Asian PTA demand surpasses capacity levels
Polyester constitutes the main end use segment of PTA, with 61% of the total global consumption. ![Asian PTA demand surpasses capacity levels]( "Asian PTA demand surpasses capacity levels")
Polyester constitutes the main end use segment of PTA, with 61% of the total global consumption. A hike in PTA price has resulted in an increase in the price of Polyester Staple Fibre (PSF).
In 2007, global consumption of PTA was 37 million tons. It is estimated to grow at 6% per annum and reach more than 50.5 million tons by the end of 2012. The industry is currently facing surplus capacity.
Massive capacity additions in the polyester industry have fueled the growth of PTA industry. Expansion of polyester capacity, more particularly in India, and China is likely to surpass the growth of PTA capacities.
This will make sourcing PTA tough during 2011, and a similar trend is likely to continue in the coming 2-3 years as well.
On the other hand, PTA producers would get good margins out of the same. PTA market is experiencing good margins and is positively expecting the same trend to continue in next year also.
POST: 2024-11-24
Polyester constitutes the main end use segment of PTA, with 61% of the total global consumption. A hike in PTA price has resulted in an increase in the price of Polyester Staple Fibre (PSF).
In 2007, global consumption of PTA was 37 million tons. It is estimated to grow at 6% per annum and reach more than 50.5 million tons by the end of 2012. The industry is currently facing surplus capacity.
Massive capacity additions in the polyester industry have fueled the growth of PTA industry. Expansion of polyester capacity, more particularly in India, and China is likely to surpass the growth of PTA capacities.
This will make sourcing PTA tough during 2011, and a similar trend is likely to continue in the coming 2-3 years as well.
On the other hand, PTA producers would get good margins out of the same. PTA market is experiencing good margins and is positively expecting the same trend to continue in next year also.
POST: 2024-11-24
More Apparel Brand News
- 06-02· Rihanna Reinvents the Shirt Dress With a Simple Styling Trick
- 06-02· Trump Announces America’s Exit From the Paris Climate Accord
- 09-07· Bella Hadid Joins Her Sister as a Victoria's Secret Model
- 09-06· I know my children, Honor and Haven, are growing up in a safer home because of our products.
- 09-06· This is How You Get More Followers on Social Media
- 09-05· This Is What the New Look of Leadership Really Looks Like
- 09-05· The Celebrity Guide to Emerging From the Ocean Gracefully
- 08-25· The Jungle Book Gets the Hollywood Treatment, a Reason to Toast to Kate Moss Breast, and More of the News You Missed Today
- 05-19· Creativity Without Commercial Restraints at SCAD's Annual Student Fashion Show
- 05-16· A.P.C. Invests in Vanessa Seward's New Label
NEWSLETTER SUBSCRIBE (EMAIL)
- 05-281FRANCO FERUZZI : wallet
- 05-212BETTA : Babies Slippers
- 05-093NAVIGARE : BUSINESS ISSUE
- 05-014KAYEE : Kaye Ka Italian casual ar
- 05-015KAYEE : Men's trousers
- 04-256CABLE&CO. : mens shoes
- 04-107ROMUS : returns on efective shoes
- 03-278MONDI : Pants
- 03-069LINDI : Tunic
- 02-2310KOSHA : Order
Fashion News
- Rihanna Reinvents the Shirt Dress With a Simple Styling Trick
- Trump Announces America’s Exit From the Paris Climate Accord
- Bella Hadid Joins Her Sister as a Victoria's Secret Model
- I know my children, Honor and Haven, are growing up in a safer home because of our products.
- This is How You Get More Followers on Social Media
- This Is What the New Look of Leadership Really Looks Like
