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VietnamLooking ahead to the fourth quarter of 2024, the market outlook for Polyester Filament Yarn may remain mixed. In India, prices may stabilize due to easing demand from key sectors as manufacturers prepare for seasonal fluctuations. Conversely, in China and other regions, prices are expected to rise further as manufacturers may ramp up production in anticipation of increased demand during the festive season. Global factors such as rising feedstock costs may likely continue to influence pricing dynamics across markets.
By August 2024, the prices for Polyester Filament Yarn in India were reported at approximately USD 1185/MT, indicating a slight decrease from Q2 levels. This decrease is attributed to a global substantial supply situation and moderate demand from key sectors, as manufacturers cautiously manage their inventories amidst economic uncertainties. In China, prices showed signs of stabilization after the previous drop, as manufacturers adjusted their production levels in response to market conditions.
Moving into the second quarter of 2024, Polyester Filament Yarn prices in India continued to rise significantly. This increase was driven by sustained demand from recovering sectors and ongoing supply chain challenges that have tightened inventories. Factors such as rising feedstock costs and increased production costs due to inflationary pressures have also played a role in pushing prices higher. However, in China, prices dropped during this quarter as demand softened and manufacturers faced excess inventory, leading to price adjustments.
In the first quarter of 2024, the prices of Polyester Filament Yarn in India saw a notable increase of 2.17% compared to the previous quarter. This rise was attributed to a rebound in demand from key sectors such as textiles and apparel, which are recovering strongly post-pandemic. Additionally, supply constraints due to earlier production adjustments have further supported the upward price movement. Meanwhile, in China, prices have remained relatively stable, reflecting a balanced supply-demand dynamic amid cautious inventory management by manufacturers.
PriceWatch is your trusted resource for tracking global polyester filament yarn price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the polyester filament yarn market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, PriceWatch keeps you fully informed of market dynamics.
In addition, PriceWatch provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With PriceWatch, you gain a competitive edge in understanding all the elements that influence polyester filament yarn prices worldwide. Stay ahead of the curve with PriceWatch’s reliable, accurate, and timely polyester filament yarn market data.
Track PriceWatch's polyester filament yarn price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.
1. COVID-19 Pandemic (2020-2021)
The outbreak of the COVID-19 pandemic in early 2020 had a profound impact on global supply chains, including the Polyester Filament Yarn market. Initially, the pandemic led to a sharp decline in demand as many textile factories were forced to shut down or reduce operations due to lockdowns and health concerns. This resulted in a significant drop in prices during the first half of 2020 as manufacturers faced excess inventory and reduced orders. However, as the world began to recover and demand for personal protective equipment (PPE) surged—much of which was made from Polyester—prices rebounded sharply in the latter half of 2020. The increased demand for textiles, particularly for medical applications, contributed to a volatile pricing environment.
2. Raw Material Price Surge (2021-2022)
In 2021, Polyester Filament Yarn prices were significantly affected by rising raw material costs, particularly Crude Oil prices, which are crucial for producing Polyester. The recovery of global economies post-pandemic led to increased demand for petrochemical products, driving up costs. Additionally, geopolitical tensions and supply chain disruptions exacerbated these price increases. As a result, Polyester Filament Yarn prices surged throughout 2021 and into early 2022. Manufacturers struggled to absorb these higher costs, leading to further price hikes as they passed on expenses to consumers.
3. Economic Uncertainty and Inflation (2022-2024)
The period from late 2022 into 2024 has been marked by significant economic uncertainty and rising inflation rates across many countries. This environment has led to fluctuating demand for Polyester Filament Yarn as consumer spending patterns shifted. High inflation reduced disposable incomes, impacting demand in sectors like apparel and home textiles where Polyester is widely used. Consequently, while prices initially rose due to inflationary pressures and increased production costs, they later stabilized or decreased in response to reduced consumer demand and ample supply conditions in some regions. This ongoing economic landscape continues to influence pricing dynamics in the Polyester Filament Yarn market.
This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Polyester Filament Yarn pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.
Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Polyester Filament Yarn is a high-performance synthetic yarn produced from Polyester fibres derived from petrochemicals. The manufacturing process involves melting and extruding Polyester polymer through spinnerets to create long, continuous filaments, which are then twisted and spun together to form the yarn. Known for its exceptional strength, durability, and resistance to wrinkles, shrinking, and mildew, Polyester Filament Yarn is highly versatile and widely used in various applications including clothing, home furnishings, and industrial fabrics. It is available in multiple textures and finishes—ranging from smooth to textured—and can be produced in different forms such as multifilament and monofilament yarns. This makes it an ideal choice for a broad spectrum of textile products, from lightweight apparel to robust industrial materials.
Packaging Type
Grades Covered
Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
| Property | Specification |
| Appearance | Solid |
| Colour | Super-bright/ Semi-dull |
| Relative density | 1.3-1.4 g/cm3 |
| Melting Temperature | 240-260°C |
| Self-ignition temperature | 515°C DIN 51794 |
| Decomposition temperature | >300°C |
Applications
Polyester Filament Yarn is commonly used in apparel to create lightweight, durable fabrics for clothing such as shirts, dresses, and activewear, often blended with other fibres like cotton or wool. In home textiles, Polyester Filament Yarns are used for curtains, upholstery, and bedding due to their durability and resistance to fading. Industrial applications include automotive interiors, conveyor belts, and filtration media, taking advantage of the yarn’s strength, abrasion resistance, and chemical stability. Polyester Filament Yarns are also used in household items like rugs, mats, and ropes, as well as in packaging materials such as strapping, tape, and labels.
The pricing of polyester filament yarn is driven by the cost of PET resin—the basic raw material—and energy costs. Fluctuations in production expenses, transportation, and global supply chain issues further influence its market value.
An increase in PET resin or energy costs typically forces manufacturers to adjust their selling prices. Conversely, if suppliers secure lower-priced feedstock or benefit from stable energy rates, these savings can result in more competitive yarn prices.
Buyers should monitor trends such as seasonal demand shifts, innovations in recycling and sustainability, and shifts in textile fashion cycles. Global trade dynamics and regional production surpluses or shortages can also play a significant role.
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