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2014-12-11 17:57:00
Unstoppable drop in polyester chain pricing led by crude oil
The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a
2014-11-10 17:06:00
Nylon yarn makers enjoying increased margins despite soft pricing
Increasing supplies of crude oil from North American shale formations continued to weigh heavily on prices this year, creating a glut in world markets and decreasing demand for oil from the
2014-10-14 16:51:00
Cotton yarn spinning has become more profitable now, but for how long?
Cotton yarn making has become more profitable now than considered, three months ago. And this has been facilitated by the rapid fall in cotton fibre prices over the same period. The margins have
2014-09-30 15:59:00
Will falling crude oil initiate cost easing for polyester makers?
Crude oil prices have lost US$14.23 since their recent peak of US$106.62 per barrel as of 20 June 2014. And this had a decelerating impact on naphtha and its derivatives. Naphtha prices have crashed
2014-09-24 10:30:00
Indian textile companies foresee better business environment in coming quarter
Textile firms are looking forward to a major improvement in businesses in October to December 2014 quarter as prospects are brighter than preceding months and also being a festive season. The
2014-09-01 16:46:00
Acrylonitrile prices hit high last seen in April 2012
In the week ending 29 August, acrylonitrile prices were seen hitting more than two-year high in Asian and European markets amid continued tightening of regional and global supply. Prices have been on
2014-08-26 12:05:00
Cotton prices trend on climatic conditions, rains still trailing in India
Cotton prices changed marginally opening the week, yesterday. The US cotton futures closed down 0.05 per cent on the day with the benchmark December contract on ICE Futures at US cents 66.15 per
2014-08-25 16:54:00
Cheaper benzene across markets spells cost deceleration
US spot benzene prices dropped on weaker downstream demand pulling down prices in Asia, Europe and Latin American markets. US spot benzene prices dropped in the week ended 22 August falling below US
2014-07-29 17:19:00
Off-season and costlier raw material squeezes nylon making
Nylon filament makers in Asia have been facing dual challenges in recent times. On one hand raw material cost has been galloping while on the other hand, demand is shrinking at an equal speed. This,
2014-07-23 14:23:00
Yarn export declines in June, Vietnam emerging market for cotton yarn
Entering the so called lean season for textiles, export of spun yarns deepened in June after falling 9.9 per cent year on year in May. In June, exports declined 14.5 per cent in similar comparison.
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