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Textile ministry to focus on new markets for handloom sector
India sees a huge scope for promoting its handloom and handicraft products in the niche markets world over. Also the export of handicrafts continued to grow at the rate of 17 percent. As many global
Pakistan textile export facing downward trend in the current year
Pakistan’s textile exports, the largest foreign exchange earning sector is facing a downward trend by 12.11 percent in the current year. Exports have declined to $8363 billion this year.
ASF price remains range-bound in Asian markets
In China, ASF prices were stable in Yuan terms but down US$2 a kg due to weak currency in the second week of November. Sinopec raised its November list prices to neutralize currency change, with
Acrylonitrile prices continue to fall amid weak demand
Asian ACN prices were down US$25 a ton CFR Far East Asia in the second week of November while Southeast Asia was down US$30 a ton on the week. Acrylonitrile markets in Asia continued to be under
MEG prices shoot up on bullish futures amid active trading
Asian MEG prices surged US$44 a ton CFR China and CFR South East Asia in the second week of November. In China, trading values were up US$20-25 a ton on the week. Mono ethylene glycol prices
Paraxylene prices surge on downstream rally
Asian paraxylene prices jumped US$22.67 a ton CFR Taiwan/China and FOB Korea in the second week of November. Isomer mixed xylene offers gained US$21 a ton FOB Korea on the week. Paraxylene prices
TumKalip to show high quality spares for advanced weaving machines at ITME India
TumKalip Aparat, a Turkish manufacturer of spare parts for new generation of European make weaving machines since the last 30 years, will be showing its range of quality spare parts at ITME India in
Polyester yarn price moves up in India, declines in Pakistan
In Shengze, offers for 32s polyester yarn were unchanged in the first week of November and 45s were stable on the week. In Qiangqing, offers for 32s weaving fell during the week, however, the fall
PTA price falls amid weak upstream markets
Asian PTA markers retreated US$8 a ton CFR China in the first week of November while CFR Southeast Asia marker was down US$5 a ton. The CFR India marker was down US$6 a ton. Purified terephthalic
Acrylonitrile prices plunge amid weak buying sentiment
Asian ACN markers were down US$10 a ton CFR Far East Asia and Southeast Asia in the first week of November. In China, offers for offshore cargoes remained unchanged on the week. Acrylonitrile
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