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2017-06-16 06:22:37
PTA price declines on weak upstream markets
Asian PTA prices fell US$6 a ton CFR China and CFR Southeast Asia in the last week of May. In China, offers for bonded goods declined US$5-10 a ton, and discussions for nearby-month cargoes also
2017-06-15 17:00:00
GST on job work being addressed
Union Textile Minister Smriti Irani responding to a question during a press conference today said that 'GST on the job work has been brought down from 18 to five per cent. It has been duly
2017-06-15 16:00:00
Bangladesh govt likely to form a Tk 10,000cr special fund for jute industries
The Bangladesh government is aiming to expand jute industries and regain its past glory for which they are mulling over forming a Tk 10,000 crore special fund, similar to Export Development Fund,
2017-06-15 12:00:00
IIT-K team has fashioned wearable technology from silk
A team of experts at the Indian Institute of Technology – Kharagpur has fashioned a hybrid material based on silk protein called silk fibroin due to unique properties of silk. This novel
2017-06-15 06:00:37
Acrylonitrile price dips in US, stable in Asia
Asian acrylonitrile prices rolled over in the last week of May. Acrylonitrile prices were stable week on week in Asian markets, amid thin discussions due to regional holidays. In US, ACN spot fell
2017-06-14 15:00:00
Tirupur garment seeks clarification over GST rates on job work
Tirupur textile industry has knocked the doors of the Ministry, seeking a clarification over the confustion in GST rates on job work on garments as it has not been addressed. At the June 11 meeting,
2017-06-14 12:00:00
Cut in import duty on blankets to affect domestic manufacturing units
The Central government’s decision to cut the levy of import duty and GST from 29 percent to 16 percent on all imported blankets and fabrics will leave over four crore workers engaged in the
2017-06-14 10:00:00
Surat textile traders demand uniform GST in entire textile value chain
Vyapari Sangarsh Samiti (VSS), formed on Saturady by a sector of traders under the leadership of Tarachand Kasat, leader of the trading community in Surat, the country’s biggest man-made
2017-06-13 17:00:00
Linde wins major Olefin plant contract from NKNK
Linde Group awarded a major contract to supply an olefin plant by PJSC Nizhnekamskneftekhim (NKNK), a member of the TAIF Group. As part of this major contract, Linde is responsible for licensing,
2017-06-13 07:15:13
Nylon yarn price gains in China
In China, FDY70D/24F SD prices rose US cents 4-7 a kg in the last week of May, while FDY40D gained US cents 8 a kg on the week. Monofilament 30D prices firmed were flat while nylon staple fiber 1.5D
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