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Search Results for: china

Acrylonitrile prices to remain under pressure on weak demand
Acrylonitrile prices in Asian markets plunged further in the last week of August amid poor demand and falling upstream feedstock cost. Propylene prices were down US$66 on the week. Supplies in China
Host of home grown apparel makers to set up manufacturing facilities in Ethiopia
Indian enterprises, both large and mid-sized are putting in millions of dollars for setting up manufacturing facilities in Africa’s oldest independent country, Ethiopia which is a promising
AWI to set up a new supply chain for Aus wool in Vietnam
AUSTRALIAN Wool Innovation identifying Vietnam as one of the fastest growing exporters of textile products, to set up a new wool supply chain and get a step closer to its ultimate goal of selling
Top industrialists urges safeguard against cheap textile imports
With currencies weakening and global economic turmoil, Prime Minister Narendra Modi held a meeting on Tuesday with industrialists, bankers and economists to analyse the current situation and identify
MEG price goes up in Asia while rolls over in US
In US, spot MEG price was stable in the last week of August as Asia rose while demand was slow to steady amid dropping September contract price. Asian MEG prices rose US$11 a ton CFR China in the
Apparel Sourcing Paris trade fair registers more than 100 newcomers
The 9th Apparel Sourcing Paris trade fair to take place at Paris have made a new record in registration, passing the 400 exhibitor level, which represents a 40 percent rise in attendance compared to
Bangladesh RMG set a goal to reach $50bn export by 2021
The burgeoning Bangladesh readymade garment and knitwear sector has set a goal to reach $50 billion export by 2021. While this appears quite a daunting task, but industry sources claim it is doable
Falling rupee may increase export competitiveness of Indian cotton
The rupee fell by 36 paise (0.5 per cent) to close at a two-year low of 66.82 against the American dollar on Monday on firm dollar demand from banks and importers and volatile domestic equities. The
Nylon prices continue downward slide
In China, semi-dull FDY70D/24F prices were down US cents 5 a kg in the last week of August while FDY40D fell US cents 8 a kg. Nylon DTY 70D/24F prices declined US cents 5 a kg while DTY 30D/10F was
Mixed impact likely to be seen on Indian textile exports with decline in rupee value
India is the world’s second largest cotton exporter after the US, the recent depreciation of the rupee may to improve the export competitiveness of Indian domestic cotton. But according to
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