The recent news of Alfa Group's decision to close its filament polyester production plant in Mexico has sent shockwaves throughout the industry. Companies that once relied on Akra's products are now faced with the daunting task of finding suitable alternatives. While many high tenacity polyester fibers can be readily replaced, the Akra Type 161 presents a unique challenge due to its distinct physical properties.
Read more- By Torry Losch
- 09/21/18
- 0 Comments
On September 17th the United States Trade Representative (USTR) Office announced additional tariffs of 10 percent on 5,745 items with an approximate value of $200 billion USD. As most of the world is aware, the Trump Administration and China are in a heated economic battle.
Read more- By Torry Losch
- 07/27/17
- 0 Comments
In part one of this series, I talked about how to understand polyester pricing swings and why rising costs and a dynamic market has thrust the industry into a volatile time. In part two, I touched on understanding market, spot and indexed pricing. In this post, I’ll focus on index formulas, particularly once a supplier and client decide to index a price, what does it look like? In general, designing a simple index formula is the best strategy. The difficult part is agreeing to the finer details up front. Both parties must carefully consider the following aspects.
Read more- By Torry Losch
- 06/13/17
- 2 Comments
In part one of Service Thread’s blog series on polyester yarn pricing, I discussed the reason for the unpredictable cost swings with polyester yarn pricing. In addition to understanding the global dynamics that effect these swings, it is also important to understand the pricing strategies used.
Read more- By Torry Losch
- 06/07/17
- 0 Comments
I’ve been in the industrial yarn business for 21 years and haven’t seen anything quite like the current polyester pricing situation. If you buy or sell synthetic yarns, I’m sure that you feel the same way. The fast pace of the modern business environment has impacted every market’s volatility, even the very mature ones (read “old textile businesses”).
Read moreThe recent news of Alfa Group's decision to close its filament polyester production plant in Mexico has sent shockwaves throughout the industry. Companies that once relied on Akra's products are now faced with the daunting task of finding suitable alternatives. While many high tenacity polyester fibers can be readily replaced, the Akra Type 161 presents a unique challenge due to its distinct physical properties.
Read moreOlder Posts
How the Polyester Yarn Supply Chain is Impacted by the U.S. trade war with China
- By Torry Losch
- 09/21/18
- 0 Comments
On September 17th the United States Trade Representative (USTR) Office announced additional tariffs of 10 percent on 5,745 items with an approximate value of $200 billion USD. As most of the world is aware, the Trump Administration and China are in a heated economic battle.
Read moreIn part one of this series, I talked about how to understand polyester pricing swings and why rising costs and a dynamic market has thrust the industry into a volatile time. In part two, I touched on understanding market, spot and indexed pricing. In this post, I’ll focus on index formulas, particularly once a supplier and client decide to index a price, what does it look like? In general, designing a simple index formula is the best strategy. The difficult part is agreeing to the finer details up front. Both parties must carefully consider the following aspects.
Read morePolyester Yarn Price Update Part Two: Understanding Market, Spot and Indexed Pricing
- By Torry Losch
- 06/13/17
- 2 Comments
In part one of Service Thread’s blog series on polyester yarn pricing, I discussed the reason for the unpredictable cost swings with polyester yarn pricing. In addition to understanding the global dynamics that effect these swings, it is also important to understand the pricing strategies used.
Read moreI’ve been in the industrial yarn business for 21 years and haven’t seen anything quite like the current polyester pricing situation. If you buy or sell synthetic yarns, I’m sure that you feel the same way. The fast pace of the modern business environment has impacted every market’s volatility, even the very mature ones (read “old textile businesses”).
Read more