Prices for polyester staple fiber (PSF) in China were significantly lower compared to India and Pakistan in recent years. PSF prices were comparatively high during the early part of 2022 due to rising crude oil prices and strong demand for polyester products, exacerbated by the Russia-Ukraine conflict. However, by the second half of the year, strict COVID-19 lockdowns, lower global demand, and easing oil prices caused a significant decline in PSF prices. In 2023, PSF prices fell significantly throughout the year as demand remained weak both domestically and globally. Despite China reopening after its COVID restrictions, global recession concerns and reduced textile exports to the U.S. and Europe kept PSF prices low. In 2024, PSF prices have shown signs of recovery, supported by improving domestic demand and better-than-expected international market performance. Stable crude oil prices and a recovering global economy are likely to keep prices on a stable upward trajectory.
Price of polyester staple fiber (PSF) in China vs India, Pakistan from 2021 to 2024
(in U.S. dollars per kilogram)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Fibre2Fashion. (October 16, 2024). Price of polyester staple fiber (PSF) in China vs India, Pakistan from 2021 to 2024 (in U.S. dollars per kilogram) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1545750/china-psf-price-trend/
Fibre2Fashion. "Price of polyester staple fiber (PSF) in China vs India, Pakistan from 2021 to 2024 (in U.S. dollars per kilogram)." Chart. October 16, 2024. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1545750/china-psf-price-trend/
Fibre2Fashion. (2024). Price of polyester staple fiber (PSF) in China vs India, Pakistan from 2021 to 2024 (in U.S. dollars per kilogram). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1545750/china-psf-price-trend/
Fibre2Fashion. "Price of Polyester Staple Fiber (Psf) in China Vs India, Pakistan from 2021 to 2024 (in U.S. Dollars per Kilogram)." Statista, Statista Inc., 16 Oct 2024, https://www.statista.com/statistics/1545750/china-psf-price-trend/
Fibre2Fashion, Price of polyester staple fiber (PSF) in China vs India, Pakistan from 2021 to 2024 (in U.S. dollars per kilogram) Statista, https://www.statista.com/statistics/1545750/china-psf-price-trend/ (last visited January 06, 2025)
Price of polyester staple fiber (PSF) in China vs India, Pakistan from 2021 to 2024 (in U.S. dollars per kilogram) [Graph], Fibre2Fashion, October 16, 2024. [Online]. Available: https://www.statista.com/statistics/1545750/china-psf-price-trend/
