trading week | YnFx - Part 31

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2014-05-08 17:56:00

Paraxylene Naphtha spread back to mid 2010 levels

There has been no contract price settlement for paraxylene in Asian market since February this year and the spot is used to peg derivative PTA values. Japan's JX Nippon Oil and Energy although

2014-04-21 07:30:00

Pakistan holding half a million of unsold cotton stock from current season

Pakistan ginners are encumbered with nearly half a million unsold bales from the current season. They were anticipating better prices to meet the demand of European Market after have got the status

2014-03-26 18:11:00

Viscose extends the downtrend, prices yet to bottom out

Bearish end-use sentiment has been casting dark clouds over the entire chemical fiber industry in recent times and prices of most textile inputs have hit an 11-year low. Viscose industry is no

2014-03-24 12:20:00

Rising in paraxylene prices did not help polyester fibre

Demand for paraxylene has apparently rebounded a bit in the week of 21 March and prices were up in Asian markets. Hwever, in Europe paraxylene spot price was assessed down as the market was in bad

2014-03-18 10:50:00

Unstable currency affecting cotton market

Cotton prices came under renewed pressure in the absence of buying interest. The market is likely to remain unstable, unless dollar-rupee pars settle down. At present, the entire export trade is

2014-03-10 17:00:00

Indian textile industry at IEW focus to increase its share in Bangladeshi market

International Ethnic Week in Goa opens. The IEW event has 1,000 Indian and 400 international visitors joining hands to provide Business to Business (B2B) platform for buyers and the sellers. The

2014-03-02 11:00:00

Wool market continue to remain steady after facing downward pressure

After the recent downward pressure faced at the wool market, this week's auction of 7300 bales of South Island wool saw a firm to dearer market with an 86 per cent clearance rate. A continual flow of

2014-02-24 15:25:00

Flux in currency created uncertainty in wool market

The flux performance in US exchange rate last week against the Australian dollar impacted the market and resulted in significant price dips across all selling centres. Also movements in the currency

2014-02-13 09:30:00

Integrated textile park to provide adequate opportunities for the textile industries

Erode Textile Mall Ltd is going good on its vision by launching Tex Valley, largest textile mall in South India and Asia's Iconic B2B trading centre. The project, a PPP initiative, is being supported

2014-02-06 14:45:00

Cotton futures up as trade buying continue

ICE cotton for a second day on Wednesday inched up as trade buying carry on while dealers waited for government and industry reports due within the several days. Trading volumes were subdued with the

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