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Search Results for: pressure

Falling crude oil sets nylon chain on a freefall
The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since they were at their yearly peak in May-June. The plunge was triggered by the rapidly falling crude
Textile mills affected by the move in ATUFS
The Cabinet Committee on Economic Affairs (CCEA) decision to introduce the Amended Technology Upgradation Fund Scheme (ATUFS) and approved R12,671 crore for its “committed liabilities”
Pakistan banking on Gujarat for its cotton imports
Pakistan, the neighbouring country has so far imported over 13 lakh bales worth Rs 2,000 crore from India is now banking on Gujarat, the largest cotton production state that accounts for more than 7
Acrylonitrile prices surge amid tight supply in Asia
Asian acrylonitrile marker the CFR Far East Asia further surged US$20 a ton in the third week of December. In China, offers for offshore cargoes were at unchanged at US$1,150-1,200 a ton.
ASF prices stable in China and India, up in Pakistan
In China, offers for cotton-type staple fiber were stable at US$1.82-2.04 a kg while medium-length staple rolled over at US$1.83-2.04 a kg in the second week of December. Jilin Chemical Fiber
MEG price declines in Asia
In the second week of December, Asian MEG markers edged up US$4 weekend but fell US$13 a ton CFR China on the week. Mono ethylene glycol prices edged up weekend on late short-covering by traders
Nylon yarn price weakens in China
In China, semi-dull FDY70D/24F prices fell US cents 5 a kg in the second week of December while FDY40D fell US cents 10 a kg. Nylon DTY 70D/24F prices were at US$2.56-2.72 a kg. DTY 30D/10F was
Decline in crude prices in November escalates into polyester chain
Crude oil prices in November declined on pressure from a rallying US$ and expectations of higher interest rate. The US$ hit 6-1/2-month high against a basket of currencies. Data also showed eight
ASF price declines in China, stable in India and Pakistan
In China, offers for cotton-type staple fiber declined US cents 10 a kg while medium-length staple fell to US$1.84-2.06 a kg in the first week of December. Jilin Chemical Fiber maintained its
Acrylonitrile prices surge in Asia
In China, offers for offshore cargoes were up US$40-50 a ton in the first week of December. Asian acrylonitrile marker the CFR Far East Asia was assessed flat on the week at US$1,049-1,051 a ton
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