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Global Synthetic Fiber Prices Rise on Strong Demand, Higher Costs

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

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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