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2016-03-09 06:57:13
Paraxylene prices surge across all regions
Asian paraxylene prices rose US$12.17 a ton FOB Korea in the third week of March while it was up US$13.50 a ton CFR Taiwan/China on the week. Isomer-grade mixed xylenes was assessed at US$661 a ton
2016-03-01 17:00:00
Budget beneficial for big brand firms instead of small entrepreneurs
The Union Budget presented by finance ministry Arun Jaitley on 29 February did not mention about the textile industry, which is the second largest employment provider in the country after the
2016-03-01 12:47:00
What lies in the budget for the textile industry?
While there was no fresh proposition in the Union Budget 2016 for the textile industry, which was presented to the Parliament on 29 February, the income growth expected to steam up the India economy
2016-02-27 12:00:00
Costly textile raw materials hinder growth
The basic raw materials, MMF and filaments, were costlier by 23 to 30 percent due to 5 per cent import duty, four percent special additional duty, 12.5 percent central excise duty and anti-dumping
2016-02-26 07:17:37
PTA price slips in US, Europe
In US, January PTA price was set down from December and little change is expected in February pricing. January PTA price was down US cents 1.72 a ton from December. In Europe, PTA contract prices
2016-02-24 13:00:00
Trading remains lean on grade issue on cotton market
Trading activity remained lean as buyers were reluctant to make any sizeable deal though price was low at the lint market on grade issue, floor brokers said. Some spinners finalized deals of fine
2016-02-20 13:00:00
Fall in cotton markets depresses cotton trade
Fall in cotton yarn and fabric markets is depressing cotton trade, as leading spinners stayed away from the proceedings having already imported a substantial quantity of cotton due to which the
2016-02-18 11:30:00
Diplomatic ties makes US, Vietnam's top trade partner
With Vietnam and the US normalizing their diplomatic ties, the bilateral trade between the two countries has expanded from zero to US$36.3 billion in 2014. This figure is further expected to reach
2016-02-17 07:10:21
Paraxylene price tumbles across all regions
Asian paraxylene prices lost US$3-4 a ton FOB Korea and CFR Taiwan/China in the first week of February. Asian paraxylene prices first fell and then rose on 4th February 2016 again to decline on
2016-02-11 14:00:00
Centre notifies new changes in DBK scheme to boost exports
The Centre has notified certain changes in the all industry rates of duty drawback effective from 11th Feb 2016. These changes announced by the Centre in DBK scheme will help boost exports.
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