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2017-01-06 14:00:00
Cotton rates firm with CCI stepping in to make purchase
With the Cotton Corporation of India (CCI) resorting to purchase cotton at commercial rates from different parts of key cotton growing regions in the country, cotton prices have moved up and also
2017-01-06 12:20:32
Polyester yarn prices surge in India, China
In China, POY offers in Shengze were up US cents 5-6 a kg in the second week of December. In Shengze, 150/96 FDYs offers were up US cents 6 a kg, while 50/24 FDY were up US cents 18 a kg on the
2017-01-05 04:36:04
Acrylonitrile price declines despite surging feedstock cost
Asian ACN prices declined US$70 a ton CFR Far East Asia in the second week of December while Southeast Asia fell US$75 a ton on the week. In China, offers for offshore cargoes were down US$70-80 a
2017-01-05 04:35:57
Propylene price moves up across all regions
Asian propylene markers jumped US$48-54 a ton CFR China and FOB Korea in the second week of December. Propylene prices continued to surge day on day throughout the week as downstream PP makers
2017-01-04 07:26:10
PSF price jumps in China while stable in India, Pakistan
In China, offers for 1.4D direct-melt-spun PSF in Jiangsu and Zhejiang jumped US cents 10 a kg in the second week of December. The same in Fujian market were also up US cents 10 a kg on the week.
2017-01-03 17:00:00
Cotton production of India expected to be 345 lakh bales for 2016-17
The production of cotton in the country is expected to be around 345 lakh bales during 2016-17 due to improvement in productivity expected on account of better weather conditions across all cotton
2017-01-03 16:00:00
Indian govt working to lift CVD imposed on Nepali jute
India is the major market for Nepali Jute. After India imposed a huge Countervailing Duty (CVD) on jute, it has affected six jute industries of Biratnagar. However, imposition of CVD on jute
2017-01-03 11:00:00
Aptma urges govt to withdraw four percent import duty on cotton
As the local crop of Sindh-Balochistan zone is likely to remain low this year to 11.25 million bales against the requirement of 14.5 million bales. The All Pakistan Textile Mills Association (APTMA)
2017-01-02 12:00:00
Vietnamese textile sector workers need retraining to compete with robots
With the technology movement in Vietnam, millions of workers in the textile sector to get affected, according to a survey by the Chamber of Commerce and Industry of Vienam on labour market
2017-01-02 11:24:38
Crude stronger on Goldman Sachs’s forecast
Crude oil prices moved up by the end of second week of December, edging closer to new 17-month highs, after Goldman Sachs boosted its forecast for 2017 and OPEC producers showed signs of adhering
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