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Paraxylene price declines in line with falling energy values
Asian paraxylene prices slumped US$28.33 a ton CFR Taiwan/China and FOB Korea in the third week of June. Isomer-grade mixed xylene prices declined US$19 a ton FOB Korea on the week. Paraxylene
India's garment exports expected to touch USD20 bn in FY18
India's garment exports clocked 15 percent growth at USD17 billion in FY17 now following improved market conditions in US and other markets, the garment exports are expected to register a 15-18
US initiates probe into fine denier PSF imported from 5 Asian nations
The US department of commerce in response to a petition filed by three US based PSF producers earlier this month has launched the anti-dumping and countervailing duty probe against the polyester
Polyester becomes costly in India
In India, polyester yarn prices were hiked in the first week of June following the upward revision in PSF prices in early June. However, export have become uncompetitive with INR showing signs of
PTA price gains on high demand
Asian PTA prices gained US$9 a ton CFR China and CFR Southeast Asia in the first week of June. Purified terephthalic acid prices rose in Asian markets on strong fundamentals, higher demand and
Acrylonitrile price declines due to sluggish downstream demand
Asian acrylonitrile prices declined US$41 a ton CFR Far East Asia in the first week of June while CFR South East fell US$10 a ton on the week. In China, offers for offshore cargoes rolled over on the
Noman Group investing Tk 1,300cr on massive expansion plan
Noman Group, Bangladeshi textile and garment manufacturing company to meet the growing demand from Western buyers is set for a massive expansion plan. For now, the group is investing Tk 1,300 crore
Vinatex urged to undertake reform to develop production and business
The Vietnam National Textile and Garment Group (Vinatex) has been urged to undertake comprehensive reform to develop its production and business. Prime Minister Nguyen Xuan Phuc’s message was
MEG price climbs in Asia
Asian MEG prices jumped US$32 a ton CFR China and CFR South East Asia in the first week of June. In China, offers for nearby-month cargoes surged amid moderate transaction. Mono ethylene glycol
Paraxylene price inches up in Asia, down in US
Asian paraxylene prices inched up US$2 a ton CFR Taiwan/China in the first week of June. Isomer-grade mixed xylene prices were however, down US$10 a ton FOB Korea on the week. Paraxylene prices
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