Polyester (POY) Price History and Forecast Analysis Provided by Procurement Resource

Posted on 10 November, 2022 by Endru Smith

Request for Real Time Polyester (POY) Prices: https://www.procurementresource.com/resource-center/polyester-poy-price-trends/pricerequest

One variety of polyester filament yarn is polyester (POY), or partially oriented yarn. This sort of yarn needs additional processing, specifically the drawing process, which creates polyester filament yarn in its primary form by polymerization and spinning. As a result, DTY mostly uses polyester (POY) as a raw material (polyester drawn textured yarn). It describes partially stretched multi-filament, which also has lesser tensile strength and less uniformity than fully oriented yarn (FOY).

Melting and extrusion are used to create partially oriented yarn from the polyester chip or flake. The filaments are stretched to achieve the appropriate qualities during the spinning process, which makes use of the spinning system with the extruder and spinning pump, creating a Polymer (POY).

The top exporters in the market of polyester (POY) are China, Poland, Thailand, and Chinese Taipei. While the leading importers are India, Indonesia, South Korea, and Taiwan.

Key Details About the Polyester (POY) Price Trend:

Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Polyester (POY) price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.

Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.

The Polyester (POY) price chart, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.

Industrial Uses Impacting Polyester (POY) Price Trend:

The key Industrial uses of Polyester (POY) that are affecting the price trend are as a texturing agent to make textured yarn, it is also used in wrapping fabrics, and as a staple fibre in the textile industry. In addition, Polyester (POY) also gets employed in conveyor belts and safety belts.

Key Players:

• Reliance Industries Limited
• Filatex India Limited
• Akra Polyester (Alpek S.A.B. de C.V.)
• Indo Rama Synthetics (India) Ltd.

News and Events:

• September 2021: There have been a latest progress and discussion of the future prospects in bio-based polyesters due to their wide range of applications.

Related Reports:

• Polyester (FDY) Price Trend -  https://www.procurementresource.com/resource-center/polyesterfdy-price-trends
• Polyethylene Price Trend - https://www.procurementresource.com/resource-center/polyethylene-price-trends
• Polyester (DTY) Price Trend - https://www.procurementresource.com/resource-center/polyester-dty-price-trends

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Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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