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Global Synthetic Fiber Prices Rise on Strong Demand, Higher Costs

Where are fashion’s priorities? How sustainability will fare post pandemic is just one of many open questions. Join SJ on July 15 at 11 am for a webinar on how the crisis will affect future sourcing decisions and how to better measure progress.

Strong consumer demand for apparel, tight raw materials supply and fears of higher tariffs are driving fiber prices up around the world. Global synthetic fiber prices have continued their upward drift, which started early in 2017 in key textile regions, according to data from fiber consultancy PCI Wood Mackenzie. In addition, the gaps between price…

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