Behind the Rising Price of Polyester

01/06/2011 at 9:09 am Leave a comment

For years, the primary indicator of polyester fiber or filament cost was the fluctuation in petroleum prices.  If the price of a barrel of oil increased, so did the price per pound of the base synthetic ingredient: polyester staple fiber (PSF).

“This last eight months has been different,” says Alasdair Carmichael, president of the Americas division of the U.K.-based PCI Fibres. “Oil has been increasing, but the rate of increase at the fiber level has been greater than the increase at the oil level.”  A new factor has come into play in the past year, and it’s surprised industry watchers.  The price increases this year are demand-driven, Carmichael says, and the additional demand is due, in large part, to a shortage of cotton.

CLICK HERE to read the full story in Specialty Fabric Review.

Advertisements

Entry filed under: Business, Economy, Environment, Farming, Textiles. Tags: , , , , , , .

Projecting Change Film Festival The Future of Fabric Structures

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Trackback this post  |  Subscribe to the comments via RSS Feed


Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 113 other followers

Flickr Photos

More Photos

Categories


%d bloggers like this: