Opening snapshot
Domestic DTY ***D/**F polyester filament yarn prices ended the week on divergent paths across Asia**;s three largest markets. India recorded the strongest move, with prices rising *.** per cent on Friday, whilst China posted a *.** per cent weekly increase and Pakistan remained unchanged. TexPro**;s daily price data show that the same crude oil and purified terephthalic acid (PTA) cost shock affected all three markets, but local currency movements, policy conditions and downstream demand determined how those higher costs translated into domestic prices. The outcome was a rare convergence in India and China**;s dollar-denominated DTY prices, alongside a reshuffling of short-term regional competitiveness.
Key price movement
TexPro data show that China**;s domestic DTY ***D/**F price increased from CNY *,***/mt (~$*,***/mt) on Monday to CNY *,***/mt (~$*,***/mt) on Tuesday, a *.** per cent rise, before remaining unchanged through Friday. India**;s domestic price held at ****;***/kg (~$*.**/kg) from Monday to Thursday before climbing to ****;***/kg (~$*.**/kg) on Friday, marking a *.** per cent single-day increase. Pakistan**;s domestic DTY price stayed flat at PKR ***/kg (~$*.**/kg) throughout the week.
