Analysts think polyester prices are nearing their peak
08/04/2011
A report in the Financial Times at the beginning of April said the price of polyester was 60% higher than at the same time last year. However, because the price of cotton has increased even more steeply, by 400% in the last two years, the report said, demand for synthetic fibres has remained high.
Analysts that the newspaper spoke to said they think the polyester market will remain volatile, but few expect prices to increase much further, and certainly not to the same extent as those of natural fibres such as cotton and wool.
Share this story:
