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ASF prices seems to be unchanged despite falling input cost
In the last week of July, Asian propylene prices inched up amid thin discussions talks ahead of new plant startups. Demand was also heard to be weak in China amid ample inventories. In US, chemical
Crude oil prices fall for fifth week, becomes the highest monthly drop since 2008
In the last week of July, crude oil markets continued to wriggle as US crude posted its highest monthly drop since the 2008 financial crisis, this time after a string of losses in July triggered by
CCI offloads half of its cotton stock under MSP
The Cotton Corporation of India (CCI) which procured 8.6 million bales (1 bale = 170 kgs) of cotton since October 2014, has started offloading the stock in both domestic and international markets
Filament yarns export sees a decline again
Export of filament yarns (all types) aggregated 52 million kg in June worth US$84 million. Compared with the previous month, both were down 3.1 per cent and 4.6 per cent respectively. In June,
Cheap cotton and automation is pushing textile industry in US South
In China, manufacturing wages adjusted for productivity have almost tripled over the last decade, to an estimated $12.47 an hour last year from $4.35 an hour in 2004. China’s surging labor
India’s manmade fibre yarn export continue to fall
There has been a continuous decline in the export of 100 man-made fibre yarns in June particularly that of polyester and viscose yarns. In June, 5.57 million kg of man-made spun yarn were exported,
Cotton yarn export rises this June
In June 2015, India exported cotton yarn to 72 countries with volumes at 92 million kg which was worth US$275 million (INR1,740 crore). The average unit price realization was at US$2.98 a kg, down US
Kenyan govt to revive textile industry with plan to boost cotton farmers
Following the recent US government extension of the Africa Growth and Opportunity Act (Agoa) for 10 years, under which Kenyan textiles trade in the American market. The Kenyan government has taken
Pakistan cotton prices remain under pressure
Pakistan’s raw cotton prices due to fear of rain damage which may produce water-laden lint due to the continuing rainfall in several parts of the cotton belt remain under pressure. Moreover,
China has started buying more spun yarns from India, June exports rebound
Spun yarn imports from India have rebounded in the past month in China, reveals the latest “ YnFx - Fibre and yarn Exports - India Report. Yarn export to China was extremely sluggish since May
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