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Search Results for: likely+increase+year

Nylon chain: Markets largely stable-to-up in Asia
Feedstock benzene prices in Asian markets were largely stable-to-up in the week ended 18th January 2019 ahead of the Lunar New Year holidays. In the US, spot benzene prices climbed for a second
Polyester chain: Fibre and yarn prices firmer amid recovering feedstock markets
Polyester chip (PET) prices in Asia were largely stable in the week ended 18th January 2019 underpinned by bullish PTA and MEG markets during the week. In China, semi dull chip offers were
Polyester chain prices nosedive before peak season amid soft demand
Polyester markets saw price drops in the week ended 21 September 2018 on the back of lackluster trading sentiment before the peak season. October is the usual peak sales season for PFY, which is the
Nylon raw material prices stable-to-higher in H2 August 2018
CPL offers in China were largely stable in the week ended 24 August 2018 as supply tightness was easing a bit due to increase in average run rates in the region during the week. The SE and FE
Polyester fibre and yarn prices soar on cost support and low inventory
In China, offers for 1.4D direct-melt-spun PSF in Jiangsu and Zhejiang rose US cents 6 a kg in the week ended 24 August 2018. The same in Fujian and Shandong jumped US cents 8 a kg. PSF producers in
Textile exporters show displeasure with a rise in polyester prices
The yarn producers have urged the government to reduce import duties on the import of PSF from existing 7 percent to 2 percent as polyester prices have almost doubled in the last year. The meeting
Yarn prices up by 10%
After raising tariffs on import from the US, China has contracted to import 500,000 bales (one bale = 170 kg) of cotton from India and the new orders are in addition to the regular ones. Against its
US-based Ascend Performance Materials is moving forward on its nylon 6,6 chain capacity expansion programme with additional investments for 2019 through 2021-2022
Ascend CEO McDivitt said that, “We have a large and growing business in nylon 6,6 and intermediates in Asia that has come from the development of strategic partnerships with Asian customers,
Textile mills attempting for cut in hank yarn obligation
The association said that the mills are unable to market the hank yarn as the demand has reduced over the years. But, they might face action for not meeting the hank yarn obligation as hank yarn is
Polyester market weakens in March, no support from upstream
Ethylene prices in Asian markets jumped in March supported by strong demand amid the heavy steam cracker turnarounds. In US, spot ethylene fell to a nine-year low on weak sentiment as production from
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