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2015-08-21 09:58:56
PTA price in Asia faces the brunt of sluggish demand
Purified terephthalic acid prices in Asian markets slipped in the first week of August amid bearish downstream polyester markets as end-users remained sluggish, expecting the lack of buying interest
2015-08-19 11:00:00
Weakening of Yuan likely to have negative impact on Vietnamese exports in the long term
The yuan weakening likely to have negative impacts on Vietnam’s economy in the long term, according to Dang Phuong Dung, deputy chair of the Vietnam Textile and Apparel Association (Vinatas),
2015-08-17 15:00:00
Market for purified terephthalic likely to see expansion in coming years
With the growing demand for polyester specifically in China, the market for purified terephthalic is likely to see expansion in the coming years. Furthermore, the country is emerging as a global
2015-08-10 16:00:00
Zimbawean textile sector welcomes the removal of blankets on Open General Import Licence
Finance minister Patrick Chinamasa announces removal of blankets from the Open General Import Licence for a period of 24 months, as it would boost their capacity which was welcomed by the Zimbabwean
2015-07-31 11:00:00
Indonesian TPT industry faces pressure from both inside and outside the country
Indonesian textiles and textile products (TPT) industry in Indonesia is presently facing tough pressure from both inside and outside the country. The performance of the TPT industry over the first
2015-07-29 10:28:07
Viscose pricing upward momentum decelerates entering off-season
VSF markets remained northbound in the week ended 24 July, but the upward momentum somewhat decelerated given the recovery in production and hard to push cost pass-on to downstream buyers. In China,
2015-07-23 11:00:00
Discord over centralized cotton buying system between farmers and merchants
A centralized cotton buying system has been introduced by Zimbabwean cotton merchants to curb side marketing which has become rampant in the industry. Farmers has described the move as an attempt to
2015-07-21 12:15:00
Polyester pricing in June 2015 A year of fall - Part II
Given the rapid changes in prices of polyester feedstock ethylene and paraxylene prices, their respective derivatives reflected similar trends year on year. Asian MEG markets fluctuated widely
2015-07-17 13:56:00
Polyester pricing in June 2015 A year of fall - Part I
Watching the fall in polyester chain for about a year now, one segment which has apparently escaped the trend is the ethylene chain including its derivative mono ethylene glycol segment. Crude oil
2015-07-15 17:00:00
TN synthetic yarn manufacturers decide to restrain production
Tamil Nadu textile spinning mills producing blended yarn including polyester cotton by using synthetic material, have decided to stop production during the weekends with immediate effect as losses
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