Textile feedstocks jump: PTA 2%, naphtha 7% on Hormuz standoff again - Textile Fashion News Fibre2Fashion Sponsored Connect with Australian & New Zealand Buyers at Global Sourcing Expo Australia | Exhibit Today. Visit Interfilière Paris at
- Textile Fashion News Fibre2Fashion Sponsored Connect with Australian & New Zealand Buyers at Global Sourcing Expo Australia | Exhibit Today. Visit Interfilière Paris at WSN Paris. Save with Early Bird | Register Now Showcase your apparel brand at Europe's largest B2B clothing fair Expo Trends 2026 | Get Ticket Power your bio transition with sugarcane-based spandex from Hyosung | Learn More 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 Textile feedstocks jump: PTA 2%, naphtha 7% on Hormuz standoff again China's central bank to maintain accommodative monetary policy Bangladesh GDP to grow 3.7% in FY26, 4.5% in FY27: ADB North India cotton yarn sees mixed trend, Ludhiana prices up USMCA stays duty-free, but US mill exports sink 11.4% in Q1 Textiles | Textile feedstocks jump: PTA 2%, naphtha 7% on Hormuz standoff again 09 Jul '265 min read Pic: Generated by ChatGPT Insights The polyester value chain remains under pressure from global oversupply, weak textile demand and restructuring across Asia's petrochemical sector. Recent declines in PTA, MEG and PSF have eased input costs, but renewed US-Iran tensions have lifted crude and naphtha prices, raised the risk of higher feedstock costs and slowing the recent downtrend in polyester raw materials. Feedstock-to-fibre The petrochemical industry&# * * ;s polyester value chain spanning naphtha, paraxylene (PX), PTA, MEG, polyester, and PET are undergoing one of its most significant restructuring phases in years. Three fundamental forces are converging simultaneously: ( * ) US sanctions targeting a major upstream petrochemical producer are triggering corporate ownership restructuring; ( * ) accelerating naphtha cracker rationalisation across South Korea and Japan, as producers shut loss-making commodity capacity and streamline operations; and ( * ) persistent weakness in global textile demand, driven by geopolitical conflicts in the Middle East, the Russia-Ukraine war, and evolving US trade tariffs, which have disrupted trade flows and pressured demand in key export markets. Underpinning these developments is a structural oversupply led by China that continues to compress margins across PX, PTA, MEG, polyester, and PET, accelerating consolidation, asset divestments, and strategic portfolio optimisation across the industry. PTA benchmarks showed mixed movement, with CFR Far East Asia easing marginally from $ * . * * * per kg to $ * . * * * per kg (- * . * per cent), while FOB China increased from $ * . * * * per kg to $ * . * * * per kg (+ * . * per cent), CF
