Weekly price shock alert: Polyester feedstock - week ended July 3 - Textile Fashion News Fibre2Fashion Sponsored Source innovative home textile products and trends at Intertextile Shanghai Home Textiles 2026 | Explore More Connect with glob
- Textile Fashion News Fibre2Fashion Sponsored Source innovative home textile products and trends at Intertextile Shanghai Home Textiles 2026 | Explore More Connect with global textile professionals at Intertextile Shanghai | Register Today Source sustainable performance fabrics and innovations at Functional Fabric Fair | Register Now Intelligence TexPro F2F Prime News Trade Fairs & Events Marketplace Marketing Solutions Digital Advertisement Print Advertisement Webinar Marketing Media Booster Magazine Subscription Articles Advertise with Us Sign In All Categories Articles News Buyers Suppliers Trade Fairs Interview Market Intelligence F2F Prime For You Textiles Apparel Fashion Retail E-commerce Technology Sustainability Chemicals Technical Textiles News Flash Weekly price shock alert: VSF - week ended July 3 Weekly price shock alert: Sustainable MMCF-week ended July 3 Europe’s $256 bn apparel shift squeezes low-cost exporters Weekly price shock alert: Lyocell - week ended July 3 ICE cotton advances on US weather concerns, grain market rally Textiles | Weekly price shock alert: Polyester feedstock - week ended July 307 Jul '264 min read Pic: Generated by ChatGPT Insights MEG CFR SE Asia slumped **** per cent in a week as the reopening of the Strait of Hormuz reversed the geopolitical premium embedded in Gulf-linked feedstocks. PTA fell despite a multi-year-low **** per cent utilisation, showing weak demand outweighed tight supply. Lower feedstock costs offer polyester buyers a brief buying window before returning Gulf cargoes pressure regional pricing. Opening snapshot Asia&# * * ;s polyester feedstock complex repriced sharply lower during the week ended * July as the reopening of the Strait of Hormuz removed the geopolitical premium embedded across Gulf-linked feedstocks. MEG (Monoethylene Glycol) CFR SE Asia dropped * . * * per cent to $ * * * per mt, leading declines across the chain. Crude softened, naphtha strengthened on regional restocking expectations, and downstream polyester feedstocks weakened. The move reflected a geopolitical risk unwind rather than a deterioration in underlying demand. Key price movement MEG recorded the week&#<span class="startxt">*</span><span class="startxt">*</span>;s largest decline. TexPro data show MEG CFR SE Asia fell $<span class="startxt">*</span><span class="startxt">*</span> per mt to $<span class="startxt">*</span><span class="startxt">*</span><span class="startxt">*</span>, down <span class="startxt">*</span>.<span class="startxt">*</span><span class="startxt">*</span> per cent within a week. MEG CFR China declined <span class="startxt">*</span>.<span class="startxt">*</span><span class="startxt">*</span> per cent to $<span class="startxt">*</span><span class="startxt">*</span><span class="startxt">*</span> per mt, while domestic China MEG fell <span class="startxt">*</span>.<span class="startxt">*</span><span class="startxt">*</span>
