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2016-06-08 05:43:04
Paraxylene price slips in Asia, up in Europe
Asian paraxylene prices were down US$9.50-10.00 a ton FOB Korea and CFR Taiwan/China in the last week of May. Mixed xylene cargo offers were down US$8-9 a ton FOB Korea on weaker downstream market
2016-06-06 14:00:00
Reda inks $45 mn supply contract with merino farmers
Merino farmers have clinched a $45 million deal over five years to supply their fine wool to Italian wool mill Reda which is making an impression on the merino active wear marketplace. The deal with
2016-06-06 06:17:54
Viscose yarn market weakens amid lackluster performance
In Jiangsu, 40s compact sirospun yarn prices fell US cent 1 a kg in the last week of May while 30s spun viscose in Xiaoshan rolled over during the week. Demand for viscose yarns remained relatively
2016-06-03 03:23:49
PTA price gains in Asia, stable in Europe
Asian PTA markers gained US$3 a ton CFR China and CFR Southeast in the third week of May. In China, bonded goods were pegged in the range of US$600-603 a ton as buyers showed low interest at
2016-06-02 03:36:28
European acrylonitrile price hits 8-month high amid tight supply
European acrylonitrile spot prices were assessed at US$1,008-1,012 a ton CIF Mediterranean, an increase of US$30 in the third week of May. European acrylonitrile hit 8-month high on lack of
2016-06-01 16:51:00
Germany based companies merge for technical textiles expansion
Two Germany-based technical textiles companies, Olbo & Mehler Tex (OMT) and Synteen & Luckenhaus (SL), have joined forces to allow business expansion to new markets and markets segments. Both
2016-06-01 06:28:08
Paraxylene price inches up on modest demand
Asian paraxylene prices inched up US$5.50 a ton FOB Korea and CFR Taiwan/China in the third week of May. Paraxylene prices in Asian markets inched up on support of firm crude oil prices while
2016-05-31 04:54:21
Nylon yarn price slips on weak raw material cost
In China, semi-dull FDY70D/24F prices slipped US cents 7 a kg in the third week of May while FDY40D fell US cents 9 a kg. Nylon DTY 70D/24F prices rolled over on the week while 30D/10F prices
2016-05-31 04:54:12
Caprolactum price falls on soft demand and falling benzene
In China, liquid spot was stable while solid goods offer fell US$35 a ton in the third week of May. Asian markers, the SE and FE markers were flat on the week. Sinopec retained its May contract
2016-05-27 16:00:00
DBL Group plans to invest $100m to set up garment factory in Ethiopia
DBL Group, a diversified business entity which has vertically integrated textile and apparel manufacturing facilities and a leading apparel exporter, encouraged by duty benefits for exports from the
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