PFY prices slide as PTA, MEG fall; Evonik to exit by 2027 - Textile Fashion News Fibre2Fashion Sponsored Join Our Exclusive Free Webinar on Strategic Intelligence for Apparel Sourcing Leaders | Register Now Source innovative home textile pr
- Textile Fashion News Fibre2Fashion Sponsored Join Our Exclusive Free Webinar on Strategic Intelligence for Apparel Sourcing Leaders | Register Now 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 TEXPROCIL, PDEXCIL host FTA outreach programme for textile exporters EU to impose temporary $3.4 customs duty on imported low-value parcels Rupee near 95 a dollar, India’s textile exports stay stuck South India cotton yarn market weak, yet optimism persists Hormuz reopening may ease global trade costs: UNCTAD Textiles | PFY prices slide as PTA, MEG fall; Evonik to exit by 202730 Jun '265 min read Pic: Generated by ChatGPT Insights The polyester chain remained under sustained pressure through June **** as PTA, MEG and PFY prices declined across major markets amid weaker crude prices and sluggish downstream demand. MEG recorded the steepest fall, while Evonik's decision to exit its polyester business by **** highlights persistent global margin pressure and the industry's ongoing structural challenges. Additionally, Evonik announced the closure of its global polyester business by * * * * . PTA: Steady losses across every trade route PTA has fallen in every tracked region across the five-week window. On May * * , CFR China stood at $ * . * * * per kg, CFR Southeast Asia at $ * . * * * , CIF India at $ * . * * * , Domestic China at $ * . * * * , and FOB Korea at $ * . * * * . A brief uptick followed between May * * and June * with CFR China touching $ * . * * * and Domestic China rising to $ * . * * * , before the market reversed decisively. By June * * , CFR China had fallen to $ * . * * * , and the decline continued through June * * to $ * . * * * , before easing further to $ * . * * * by June * * . The pattern repeated across all other routes. CFR Southeast Asia closed the period at $ * . * * * , CIF India at $ * . * * * , Domestic China at $ * . * * * , and FOB Korea at $ * . * * * . The cumulative five-week change from May * * to June * * came to minus * per cent on CFR China, minus * per cent on CFR Southeast Asia, minus * per cent on CIF India, minus * per cent on Domestic China, and minus * per cent on FOB Korea, while the broader week-on-week movement across the same window ranged between minus * per cent and minus * per cent a
