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Polyester filament yarn price declines in China and Pakistan
Polyester filament yarn prices were seen falling in China in the first week of August while producers pegged offers mostly stable. Downstream buyers were on the sidelines expecting prices to follow
Paraxylene price falls in the initial period of August
Paraxylene markets in Asia tracked declining upstream as mixed xylene prices fell in the first week of August while Hengli has decided to shut its Dalian PTA plants. In US, spot paraxylene
Turkey’s key home textile and decoration fair, Home&Tex coming up soon
The third edition of Home&Tex, Turkey’s key home textile and decoration fair, organised by Istanbul Trade Fairs, an affiliate of CNR Holding, in co-operation with the Turkish Home Textiles
Acrylic staple fibre market remains steady
Acrylic staple fibre markets were calm in the first week of August and prices generally rolled over. In China, mainstream producers rolled over their offers despite upstream acrylonitrile prices were
Nylon yarn price falls further in August
Nylon yarn prices declined further during the first week of August as operating cost pressure reduced on lower prices of caprolactum and nylon chips. However, demand was also weak as downstream
China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
Bangladesh exports to Indian market witnessed rise 15pc in FY2014-15
Bangladesh has earned $527.16m from its exports to Indian market in FY 2014-15 a rise by 15.45% compared to $456.63m in the last fiscal year as some products including textiles got duty and
Indo Rama due to fall in polyester prices recorded lower profits
Indo Rama Synthetics (India) Ltd, polyester manufacturer due to fall in polyester prices and a drop in international demand has recorded a 77 percent drop in its net profit to ₹4.91 crore in
Ethylene production via sunlight likely to open new door
Yu, a research scientist in the Photobiology Group at the Energy Department's National Renewable Energy Laboratory who has already proved a certain cyanobacterium can be genetically engineered to
Steep fluctuation in silk prices witnessed in India
Close to 810 sericulture farmers in Coimbatore district find themselves in state of despair due to the steep fluctuation in prices. Since June, the prices have been fluctuating so abruptly, that it
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