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January 18 2007 | Issue No. 320
 



17th January 2007
Highlights:

Vietnam became official member last week, making it the 150th country to join WTO. Vietnam's clothing exports saw quantum jump in last 5 years, increasing by 21% per annum. In 2005, it was US$4.8 bln accounting for 1.7% of World's clothing exports.
 
      Polyester Filament Yarn

  • PFY prices inched up 2-5 cents in Malaysia/Indonesia in the week of 12 January, despite the fall in upstream raw material prices.
  • Prices in other markets continued to remain stable, rolling over previous week’s numbers
  • POY sentiments were low in China and sales was reportedly bearish in Shengze and Changshu markets.
 
[12-Mar-10] Asian capro prices hit 18-month high; may extend gains
Caprolactam prices in Asia are likely to continue rising in the near-term after crossing $2,400/tonne last week, supported by tight regional supply and strong demand coming from China, market players ...
 
[12-Mar-10] Indian Oil starts naphtha cracker in north India
Indian Oil Corp on Thursday started a naphtha cracker, its first such plant at Panipat refinery, its director for refineries said, a move which will help IOC make value-added products from surplus nap...
 
[12-Mar-10] Exports of Tunisian textile on the increase
Textile is the first manufacturing sector in Tunisia, representing 36% of manufacturing exports, generating 3 billion Euros. Tunisia is also the first exporter to Europe on the southern Mediterranean ...
 
[12-Mar-10] India - SEL group plans Rs 800-cr textile factory in MP
Ludhiana-based SEL Manufacturing Company Ltd plans to set up Rs 800-crore textile plant near Bhopal, Madhya Pradesh. chairman and managing director, SEL Neeraj Saluja said the spinning plant in MP wou...
 
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