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Polyester spun yarn price surges in Pakistan
In Pakistan, 30s spun polyester prices were up US cents 32 a kg on the month. In the third week of October, producers in Pakistan continued to sell in small batches, and both domestic and export
PTA price declines amid weak market sentiment
Asian PTA prices moderated US$12 a ton CFR China in the third week of October. In China, suppliers kept offers at US$620-640 a ton, and buyers pegged counter offers at US$590-600 a ton. Some
Textile sector calls for investment in MMF units
The Man made fiber (MMF) based textile sector that presently has meager 2.2 percent share in the market needs more investment to help government's ambitious plans to grow the size of the segment from
Indonesia govt need to carefully reconsider impacts before joining TTP
Indonesia President Joko "Jokowi" Widodo on monday expressed Indonesia’s intention to join the TPP while delivering a speech before representatives from a number of US companies. But according
Pakistan garments exports to EU increasing under GSP plus scheme
Pakistan’s exports to EU which had reached $7.52bn in calendar year 2014 from $6.22bn over 2013, an increase of 21.24pc in the first year of GSP plus scheme is showing marginal increase in its
MTEX at ITMA 2015 to show complete direct-to-textile digital print solution
MTEX for the first time this year at ITMA 2015 that is taking place from 12-19 November in Milan will be displaying its complete direct-to-textile digital print solutions. MTEX Solutions offers a
Mumbai’s Mulji Jetha market found flooded with Chinese textiles
Mulji Jetha market, a 136 year old textile market in South Mumbai and the largest textile bazaars in Asia with hundreds of wholesale stories and some retailers too. The market which is still crowded
ASF price remains stable in Asia
In the third week of October, offers for cotton-type staple fiber in China were stable at US$2.11-2.23 a kg while medium-length staple were at US$2.12-2.22 a kg. Taiwan origin 3D bright ASF tow
Acrylonitrile price plunges in US and Europe
In US, export assessment fell US$35 a ton FOB USG in the third week of October. Acrylonitrile export assessment in US continued to plunge as demand waned rapidly. European acrylonitrile spot
Indorama Ventures to expand fiber spinning capacity at its Auriga manufacturing site
Indorama Ventures Public Co. Ltd., one of the world’s leading petrochemical producers and a leading global manufacturer of PET resins, fibers, filaments is planning to add 15,000 tons of
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