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Held from March 17-19, 2021 at the National Exhibition and Convention Center in Shanghai, the 2021 Yarn Expo Spring focused on smart recycling technologies and customization.
Held from March 17-19, 2021 at the National Exhibition and Convention Center in Shanghai, the 2021 Yarn Expo Spring focused on smart recycling technologies and customization. The meticulously planned expo managed to meet the multi-functional demands of its consumers. Yarn producers attending the expo, deliberated on the current downward spiral of yarn prices.
As recycled chemical fiber plants do not have a large inventory currently, they continue to execute previous orders. These plants are waiting for the downstream demand to improve, and prices to stabilize. However, plants manufacturing recycled polyester filament yarn and colored recycled staple fiber, opined,prices of high-end re-PSF are unlikely to improve as they have limited added value.
Participants at the expo expected the market for 3A-grade white flakes to improve as international brands have strengthened their presence in the market. Big polyester plants have also entered the recycled market to fulfill their procurement needs.