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Move by Chinese govt allowing yuan to decline to affect Indian textile exports
The Indian textile industry is already coping up with lower demands in the global markets. But the move by Chinese government allowing its official currency, Yuan, to decline by about 4% against the
Blended yarn price in India sinks due to weak INR
In India, polyester-cotton yarn prices dropped in third week of August as cost support eased while polyester-viscose yarn prices were up on firmer fibre cost. 30s (65/35) PV yarn prices in India
Textile mills in Maha decide to observe one day strike on September 1
At a meeting of managements of 55 cooperative mills across the states held on Wednesday in Sangli, a decision was taken that all cooperative textile mills in Maharashtra will follow a one day strike
Viscose price increase decelerates in Asia
Viscose staple fiber markets firmed up in China and prices continued to rise in the second week of August, due to higher cost amid Yuan depreciation. Low priced medium-to-low-end goods were generally
Pulp price slips in China after recent gains
In China, due to Yuan depreciation, buyers were relatively resistant towards imported pulp. Dissolving pulp markets saw no fresh offers in the second week of August. However, firm deals were found at
Kutch’s textile legacy on display at CP Art Centre in Chennai
An exhibition being held at CP Art Centre in Chennai presenting beautifully embroidered kanchalis or festive blouses vie for attention with exquisite chaniya cholis and dupattas of Kutch is not just
Polyester filament yarn price falls further in China
In China, 75/72 POYs price fell US cents 5 a kg in the second week of August in Shengze while 75/36 was also down US cents 5 a kg. In Shandong, PFY market was mostly stable, with a few underpriced
Nylon price falls as raw material price weakens
As operating pressure reduced on plunging caprolactum and nylon chips prices, nylon filament yarn prices fell further in the second week of August. Textile yarn makers in China continued to cut run
Caprolactum price declines sharply in Asian market
In the second week of August, caprolactum prices softened reflecting weaker benzene and growing market length. Demand was bearish and low-end liquid spot offers were corrected down while offers for
Polyester yarn price drops as yuan depreciates
PSF prices have declined US cents 8-16 per kg across China, India and Pakistan in the second week of August. Thus, cost support to polyester spun yarns eased amid sluggish demand. The significant
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