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2014-03-28 10:33:00
Import duty rumour sets cotton markets in Pakistan on fire
Rumours that five per cent import duty will be imposed on cotton yarn in Pakistan set the cotton markets on fire on 27 March. The markets swayed on news that recommendation of duty imposition has
2014-03-27 12:22:00
Pakistan registers 15pc growth in textile exports despite power issues
Textile exports in Pakistan have registered a growth of 14.54 percent in terms of value during February 2014, stated S M Tanveer Chairman APTMA Punjab. The growth was majorly led by impressive
2014-03-27 10:49:00
Spun yarn export growth falls in February, China imports lesser
Spun yarn exports were unable to maintain its strength seen in January as they grew just 3.7 per cent in February as against 21 per cent clocked in the previous month. About 117 million kg of spun
2014-03-27 00:00:00
Polyester filament capacity in China exceeds world’s mill demand
According the latest publication of PCI Fibres "Green Book", China's polyester filament capacity in is now more than global mill demand, which implies that the imbalance will continue for another 10
2014-03-26 18:11:00
Viscose extends the downtrend, prices yet to bottom out
Bearish end-use sentiment has been casting dark clouds over the entire chemical fiber industry in recent times and prices of most textile inputs have hit an 11-year low. Viscose industry is no
2014-03-26 17:42:00
Nylon textile value chain stable but may see prices dropping soon
Asian benzene prices marker rose US$12 on last Friday and US$23 week on week, to be assessed at US$1,244.50-1,245.50 a ton FOB Korea in the week ended 21 March, tracking firmer prices in the US.
2014-03-25 15:50:00
Policy change China to cut sale price for cotton from its strategic reserve
From 1 April, the Chinese government will accept bids as low as 17,250 Yuan a ton for standard-quality cotton in its daily auction. This will be 4.2 percent below the current floor price of 18,000
2014-03-24 12:59:00
China is importing lesser yarn from India, waiting for cotton policy
China is now buying lesser yarn from India, putting Indian export under pressure. Moreover, buyers in China are insisting on lower pricing citing that Indian rupee has strengthened against US$. Over
2014-03-24 12:20:00
Rising in paraxylene prices did not help polyester fibre
Demand for paraxylene has apparently rebounded a bit in the week of 21 March and prices were up in Asian markets. Hwever, in Europe paraxylene spot price was assessed down as the market was in bad
2014-03-24 12:05:00
Labour strike at powerlooms in Surat hits fabric production
As the labour strike enters the fifth day, output of unfinished fabrics in India’s biggest man-made fabric industry in Surat has been adversely impacted. The strike by over 10,000 powerloom
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