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Paraxylene price gains in Asia, US
Asian paraxylene prices gained US$2 a ton FOB Korea and CFR Taiwan/China in the second week of August. Paraxylene markets in Asia opened the week with prices falling and moved in tandem with crude
Cambodian silk market in trouble over cheap imported silk, lack of labor
Cambodian government making efforts to stimulate traditional silk production have had moderate success and steady sales of silk products in the Kingdom. The availability of cheap Vietnamese and
Indo Count Industries eyes 15-20% revenue growth from exports in FY17
Indo Count Industries (ICIL) Mumbai based company engaged in spinning yarns, weaving fabrics and manufacturing textiles, and also offers cotton yarn and cotton knitted fabric on back of capacity
Lack of innovation keeps cotton yield in Pakistan low compared with China
Pakistan despite being the fourth largest cotton producer remains at the bottom ladder of productivity. Its average per hectare yield of 560 kilogrammes is better than Indian yield of 516 kg.
India to see biggest impact and higher growth rate in digital textile print
The textile printing industry represents 30 billion square metres of material volume on an annual basis worldwide. According to the World Textile Information Network, digital textile printing is
Amritsar’s warp-knitting industry faces slow down as competition rises
Many Amritsar based skilled knitting artisans have shifted to Surat to run it’s warp-knitting industry during the past few years due to which Amritsar warp knitting industry is facing
PTA price moderates in Asia
Asian PTA markers were assessed down US$9 a ton CFR China and CFR Southeast Asia in the first week of August. In China, offers remained at US$605-610 a ton, and counter offers were between US$590-600
Paraxylene price rises on firm buying interest
Asian paraxylene prices gained US$0.50 a ton FOB Korea and CFR Taiwan/China in the first week of August. Paraxylene prices rose weekend and on the week in Asian markets on firm buying interest while
Indian textiles sector likely to get hurt by TPP
Textile and clothing sector accounts for roughly 5 percent of India’s GDP, 15 percent of its industrial output and export earnings and provides livelihood support to 55-60 million people
Acrylonitrile price jumps on firm demand
Asian ACN marker, the CFR Far East Asia jumped US$41 a ton in the last week of July while Southeast Asia surged US$25 a ton on the week. In China, offers for offshore cargoes were hiked US$50-70 a
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