Guest Posts

Comparison of Polyester Industries in China and India

Author:

Lily

Nov. 04, 2024
  • 40
  • 0

Comparison of Polyester Industries in China and India

Investment has occurred to a certain extent but is primarily controlled by two major players. Predictions indicate that several chip-to-POY producers will install CP capacity instead of relying on external chip supplies. Plans have been established to reach a capacity of 4 million tons, and the textile industry is evolving from a fragmented system to large, modern facilities. Many companies are enhancing their facilities in terms of capacity and quality to comply with the free trade system under WTO.

Despite its relatively modest polyester capacity, India remains a net exporter of textured yarn and spun yarn. With the availability of higher-quality materials at costs lower than those in Western markets, India provides a small yet viable source for Western companies. The environment is conducive to expanding capacity, aided by reduced import duties, lower interest rates, and over $100 billion in foreign reserves. Banks are willing to lend based on project feasibility and market demand rather than on the concept of fazhi.

However, in October of this year, increased raw material prices alongside reduced POY prices adversely affected small chip-based producers. Under such circumstances, manufacturing POY from chips has become an unfeasible option. As a result, many companies have started shutting down operations, and most small manufacturers are currently operating at only 50% utilization rates. If the current situation persists, these rates may fall below 30%, potentially leading to further closures. In the short term, ideas of integrating back to polymerization seem unviable, while Reliance and Indorama plan to introduce over 780,000 tons of new polymer capacity soon. Recent expansions in polyester by India's major players are set to significantly alter the supply landscape in the Indian subcontinent. Nonetheless, it is improbable that India will posed a serious threat to China's market dominance.

India has adopted the Japanese Ministry of International Trade and Industry (MITI) model, promoting cooperation between industry and government in fibers, textiles, and apparel. Reports suggest that this program is now entering the commercial phase. A competitive landscape is emerging between India and China in the polyester fiber manufacturing sector. Countries with less commitment to polyester production may find themselves squeezed as these two giants confront each other in the market for commodity staple polyester.

Key strengths of the Indian textile industry include a reliable supply of raw materials, a competitive supply chain, quality-focused production processes, and respect for intellectual property rights. These factors position India favorably as it aims to gain an advantage over its competitors.

If you want to learn more, please visit our website Qicai.

Top 10 Polyester Fabric Manufacturers In China

MOQ, or Minimum Order Quantity, is a requirement set by manufacturers regarding the minimum amount of products or materials that must be ordered in a single purchase. In terms of recycled polyester fabric manufacturers in China, MOQ requirements can vary significantly, ranging from a few meters to several thousand meters.

For more polyester fabric manufacturers in china information, please contact us. We will be glad to provide professional assistance.

Typically, manufacturers impose a lower MOQ for stock fabrics readily available in their inventory. Conversely, made-to-order fabrics may come with a higher MOQ due to the necessity of setting up production processes and acquiring raw materials specifically for the order.

Buyers should carefully evaluate their needs and budget when considering the MOQ they are prepared to commit to, as larger orders often lead to lower unit prices but may also necessitate a larger upfront investment. By understanding the MOQ requirements set by different manufacturers, buyers can make informed decisions about sourcing recycled polyester fabrics in China.

For more information on knitted mesh fabric manufacturers, feel free to reach out to us.

Comments

0/2000

Get in Touch