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MEG prices surge in Asia, down in Europe
Asian MEG marker touched 20 weeks high by posting a rise of US$27 a ton CFR China and CFR South East Asia in the last week of August. In China, spot offers moved up US$25 a ton on the week. Mono
Trade activity remains down at cotton market
Trading activity at cotton market remains down on Thursday due to easy supply of Phutti ahead of Eid-ul-Azha holidays, dealers said. According to the market sources, some leading mills did not take
Viscose yarn price moves up due to shutdown of mills
In Jiangsu, 30s spun viscose prices in Xiaoshan rose US cents 2 a kg in the last week of August while 40s compact sirospun yarn prices inched up on the week. Viscose spun yarn prices increased
Blended yarn price edges down in China, up in Pakistan
In Qianqing, PC (65/35) 32s yarn prices were down US cent 1 a kg in the last week of August while 45s PC combed yarn prices were stable on the week. 32s PV (65/35) were unchanged during the week.
Blended yarn price moves down in China, up in Pakistan
In Qianqing, PC (65/35) 32s yarn prices US cent 1 a kg in the third week of August while 45s PC combed yarn prices were stable during the week. 32s PV (65/35) were flat on the week. Blended yarn
Slow down in cotton picking provides firmness to domestic cotton
Slow down in cotton picking seen due to recent rains in the cotton belt and also forthcoming Eidul Azha and Hindu festival has provided firmness to the domestic cotton. However, it is mostly observed
Polyester yarn price edges down in China, up in India
In Shengze, offers for 32s polyester yarn fell US cents 2 a kg in the second week of August, and 45s were down US cents 2 a kg on the week. In Qiangqing, 32s weaving also fell US cents 2 a kg during
PTA price climbs in Asia, down in Europe
Asian PTA markers inched up US$2 a ton CFR China and CFR Southeast Asia in the second week of August. Purified terephthalic acid prices rose in Asian market in line with paraxylene cost, giving
Development of Karachi Textile city project shut down
With the close down of the under developed project, Karachi Textile City, the hopes attached with the project of achieving export target of $2 billion and generation of 80,000 jobs has died down,
Amritsar’s warp-knitting industry faces slow down as competition rises
Many Amritsar based skilled knitting artisans have shifted to Surat to run it’s warp-knitting industry during the past few years due to which Amritsar warp knitting industry is facing
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