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Surat textile units in dire crisis with dumping cheap fabrics by Chinese
The country's largest man-made fabric (MMF) sector in the city surat is facing tough time with dumping of finished fabrics at throw-away prices by the Chinese. Textile entrepreneurs claimed that the
MEG price jumps on rising crude and good demand
Asian MEG markers were up US$5 a ton CFR China and CFR South East Asia in the second week of April. Mono ethylene glycol prices declined sharply opening the week but regained later on higher
Paraxylene price rises across all regions
Asian paraxylene prices inched up US$3.67 a ton CFR Taiwan/China and FOB Korea in the second week of January. Isomer mixed xylene declined by US$12 a ton FOB Korea on the week. Paraxylene prices
Paraxylene price rises across all regions
Asian paraxylene prices gained US$5 a ton FOB Korea and CFR Taiwan/China in the second week of April. A South Korean paraxylene producer settled long-term contracts for 2016 at a discount of US$2.50
Biannual Egypt and Middle East expo create investment opportunities
Smart Egypt which organizes the biannual Egypt and Middle East expo in Kigali that opens on April 28 at at Amahoro National Stadium, Ashraf Mahmoud said that tradeshows create investment
Three textile factories coming up in West Georgia by end of 2016
Three textile factories to come up in Kutaisi and Poti, West Georgia by the end of the year, the factories will import raw material from Turkey to produces clothes which will be exported to Europe,
Caprolactum market sees decent demand
In China, liquid good offers were stable in the second week of April while solid goods offers fell US$30 a ton on the week. Asian markers, the SE and FE markers gained US$10-20 a ton during the
Odisha govt to set up 19 centres at weaving clusters to boost handloom
The Odisha state government has decided to set up 19 common facility centres at different weaving clusters to give a fresh lease of life to handloom and handicraft sector. These centres will help
PH, Swiss intent to boost trade and economic ties at JEC
During the 2nd Joint Economic Commission (JEC) dialog to be held on April 27 to 28 in Bern, Switzerland which will focus on implementing previous commitments and agreements. This year at JEC, the
Indian textile exports remain flat at $40 bn in FY16 lower than target set
The textile industry despite poor market conditions has done well as compared to other sectors on export front. India’s textile exports remained flat at $40 billion in 2015-16 which is lower
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