Archive for the ‘Textiles’ Category
Filed under: Textiles
Polyester Prices Recover in China
by Trevor J. Murphy on Jan 11th, 2012
Polyester prices in China are recovering as demand for textiles is rising, according to a report issued by Emerging Textiles. Last week, the Chinese government announced that credit conditions in the country would be eased so that companies could borrow more money from banks in order to stock up on materials. Polyester prices were bottoming out in China in order to accommodate the re-stock, but now the situation is improving, the magazine say...