Hormuz strikes reprice Asia's polyester cost curve overnight - Textile Fashion News Fibre2Fashion Sponsored Source innovative home textile products and trends at Intertextile Shanghai Home Textiles 2026 | Explore More Connect with global te
- 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 Nylon 6 yarn prices hold firm as cost pressure eases India's UK apparel orders surge ahead of CETA duty-free trade Hormuz strikes reprice Asia's polyester cost curve overnight Egyptian cotton exports up ~60% YoY in Sep 1, 2025-Jul 4, 2026 period ICE cotton rallies further on strong demand prospects, weather worries Textiles | Hormuz strikes reprice Asia's polyester cost curve overnight 08 Jul '265 min read Pic: Generated by ChatGPT Insights PX CFR Taiwan rose *.* per cent to $****/mt as July 7 Hormuz tanker attacks ended the post-truce pricing relief and revived geopolitical risk. China's *7* per cent PTA operating rate and record-low PX imports left the polyester chain more vulnerable to feedstock cost inflation. Higher freight and war-risk premiums threaten polyester margins before downstream yarn and fibre prices can fully adjust. The event: A ceasefire discount priced out overnight The polyester feedstock chain lost its ceasefire discount on July * after two commercial tankers were reportedly struck in the Strait of Hormuz. The vessels, the Qatari LNG carrier Al Rekayyat and the Saudi supertanker Wedyan were hit, while a third vessel was reportedly damaged by a drone on the same day. Brent crude settled * per cent higher at $ * * . * * per barrel, while WTI rose * . * per cent to $ * * . * * , in line with TexPro market assessments. Within hours, the renewed geopolitical risk premium spread across the polyester value chain, lifting paraxylene (PX), purified terephthalic acid (PTA) and monoethylene glycol (MEG). The cost transmission: PX leads, PTA follows, MEG lags TexPro data reveals a clear cost transmission across the polyester feedstock chain between July * and July * : PRIME Unlimited Access to F2F Prime Content As a first-time user, you can access One Prime Content for FREE Register to unlock PRIME content Already a subscriber? Sign in to access PRIME Learn more about Prime Content Register to read this Prime news for FREE Select Country Afghanistan Albania Algeria Andorra Angola Argentina Armenia Aruba Australia Austria Azarbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bhutan Bolivia Bosnia&He
