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Search Results for: supply+gap

Polyester chain pricing correction continues reflecting oil deflation
Polyester chain prices have started reflecting the deflating oil prices. Beginning at the upstream ethylene prices fell in Asia but gained in US on supply imbalance. Similarly, paraxylene markets
Japanese investors show growing interest in Myanmar but with caution
Businesses from Japan are showing interest in Myanmar’s untapped potential and a distinctive culture such as hand woven textiles but are investing cautiously as Myanmar has a range of
Archroma completes acquisition of BASF's textile chemicals business
Archroma, a Swiss conglomerate and leader in specialty chemicals for the textile, paper and emulsions sectors, has completed its acquisition of BASF’s global textile chemicals business in a
Polyester pricing softening across the value chain
Polyester pricing has been on a sluggish mode ever since crude oil price began to dwindle with occasional peaks and troughs. In the week ended 19 June, polyester upstream feedstock, ethylene markets
Propylene prices down for fifth week in a row impacting acrylic chain
Propylene prices fell for the fifth consecutive week in Asian markets losing almost US$75 over the period. The buy-sell gap widened as buying indications were lower than selling ideas at over
Pakistan expected to import more than 3.35 lakh high quality cotton bales from US
Pakistan, a cotton producing country ranks the eighth largest US cotton importer. The country imported1.69 lakhs of cotton bales from US in the previous fiscal year. In the current fiscal year
Foreign textilers moving ahead of FTAs with their production facilities in Vietnam
Foreign textile and garment firms to enjoy a zero percent import tax rate under the commitments of free trade agreements (FTA) such as the Trans-Pacific Partnership Agreement, the EU-Vietnam FTA,
Turkey imports lesser yarn from India in March
Turkey is known as Europe's largest textile manufacturing and supplying hub. Many of the ma-jor textile brands such as S Oliver, Adidas, Nike Esprit, H&M, Hugo Boss, and Zara source their clothing
Myanmar next best destination for international textile sector
Low wages, plentiful labour and an image problem in neighbouring Bangladesh have all boosted Myanmar’s chances. The international textile sector has discovered Myanmar as next best destination
NDRC program Clean by Design help Chinese textile mills go green
The Natural Resources Defense Council (NRDC) program called Clean by Design, works with Chinese textile mills to help them improve their energy and water efficiency, while also reducing the use of
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