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PTA price edges down amid volatility in futures market
Asian PTA markers fell US$4 a ton CFR China and CFR Southeast Asia in the third week of October. Purified terephthalic acid prices edged down amid volatility in futures market despite active trading
PTA price moves up amid plant shutdowns in Asia
Asian PTA markers moved up slightly US$2-3 a ton CFR China and CFR Southeast Asia in the last week of September. In China, offers for nearby-month goods were slightly lower, and counter offers fell
Serbia's HIP Petochemija to shut down ethylene plant for overhaul
Serbia’s HIP Petrohemija plans to suspend operations from the 8th until the 19th of October for an overhaul of its ethylene plant. The works will include inspection and rehabilitation of
Formosa Chemicals to shut down Taiwan plant
Formosa Chemicals & Fiber Corp , a unit of Formosa Plastic Group, is planning to shut down its plant in Taiwan from first week of October government declined to renew permits for its cogeneration
Greek textile production up, clothing down between Jan – Jul 2016
Clothing production in Greek decline 12.7% in January-July 2016, while the textile production grew 5.2% during the same period. Clothing export totaled 319 million euros in terms of value, down
Viscose yarn price moves down in India
In Xiaoshan, 30s spun viscose prices inched up US cent 1 a kg in the third week of September while 40s compact sirospun yarn prices in Jiangsu were flat on the week. Viscose spun yarn prices were
PTA price edges down amid falling upstream cost
Asian PTA markers fell US$6 a ton CFR China in the second week of September. In line with the slide in China, CFR Southeast Asia and CFR India markers were also assessed down US$6 a ton on the week.
India - Textile mills cut down yarn production due to weak cotton prices
In Tamil Nadu, most of textile mills have cut down yarn production by 30-40% due to drop in cotton prices and the cotton prices was in the range of Rs. 50,000 per candy. As the end-season prices
Pakistan - Textile Mill to shut down due to unfavorable market conditions
Due to unfavourable market conditions and continuous losses, another textile unit was shut down in Pakistan. Sajjad Textile Mills Limited, has announced its closure while 110 textiles mills have
PTA price edges up in Asia, down in US
Asian PTA markers edged up US$1 a ton CFR China in the last week of August. In China, offers for nearby-month goods felt to US$605-610 a ton, and buyers countered offers was at US$600 a ton.
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