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In China, offers for 32s polyester yarn in Shengze rose US cents 3 a kg in the first week of January. Spun polyester yarn offers reacted to the surging polyester staple fibre prices during the week. Market saw moderate demand as sales were modest.

In India, polyester yarn 30 knit yarn prices were down INR1 a kg (down US cent 1 a kg on the week) in Ludhiana market.

In Pakistan, polyester yarn prices were unchanged during the week supported by stable polyester staple fibre cost and increasing demand.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Asian PTA prices were up US$15 a ton CFR China and CFR Southeast Asia in the first week of January. In China, offers for bonded goods were up US$10 a ton and discussions for nearby month cargoes were talked up on the week. Yisheng Petrochemical hiked its self-lifting price by US$10 from previous week while Hengli Petrochemical kept stable.

Purified terephthalic acid prices in Asia jumped this week on higher upstream values and growing demand.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

In China, ASF prices fell with medium-length fibre and cotton-type down US cents 2 a kg in the first week of January.

Acrylic staple fibre prices declined in China while they were unchanged in India and Pakistan during the week. In China, ASF producers lowered their offers again that week to get rid of the inventory pressure, however they faced cost pressure from the rebounding feedstock market and as a result there are chances that they might raise offers in coming weeks.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

Asian acrylonitrile prices were stable in the first week of January. In China, offers for offshore cargoes were flat on the week while prices in India were firm during the week. Acrylonitrile prices in Asian markets were stable that week despite surging feedstock prices.

China’s acrylonitrile imports in November 2017 grew 19% to 21,967 tons as compared to October 2017.

Shanghai SECCO is planning to shut its 520,000 tons per year ACN unit in September 2018 for maintenance.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

Related Keywords: backdrop of falling world cotton prices, Cotton market, Ginners, lack of buying interest, leading buyers, Leading spinners, not deterred with falling prices, pushed cotton prices lower, remained steadfast, Slow moving trading activity, withdrew to sidelines

Slow moving trading activity was seen at cotton market on Wednesday as leading buyers withdrew to the sidelines in the backdrop of falling world cotton prices. The lack of buying interest from leading spinners further pushed cotton prices lower. However, ginners on their part remained steadfast and were not deterred with falling prices.

At the Karachi Cotton Association (KCA) spot rates were adjusted downward to Rs7,500 per maund.

Related Keywords: deputy high commissioner, explore business collaboration, GCCI, global textile summit, Gujarat Chamber of Commerce and Industry, meeting with Bangladesh, Mohammad Lutfor Rahmam, textile sector of Bangladesh, textiles and readymade garments industry

Gujarat Chamber of Commerce and Industry (GCCI) had a meeting on Wednesday with Bangladesh deputy high commissioner, Mohammad Lutfor Rahmam at the GCCI premises to discuss the possibilities of exploring a business collaboration in the textile sector of Bangladesh.

Shailesh Patwari, president of GCCI said that they are organizing a global textile summit in Ahmedabad this March and has invited Bangladesh to become a partner country for the same.

Related Keywords: AEPC, Autumn/Winter season, fashion show, Garment Exporters, half of Indian states, inaugurated the IIGF fair, India International Garment Fair, Minister of state for textiles, overseas garment buyers, participating in the fair, players in Apparel and Fashion Accessories, three day international fair

The 60th edition of India International Garment Fair (IIGF), the three day international fair which is a big platform bringing together overseas garment buyers and garment exporters, with almost half of Indian states participating in the fair was inaugurated today by Minister of State for Textiles, Shri Ajay Tamta, at Pragati Maidan, New Delhi.

Related Keywords: Clothing and Footwear Council, Fiji government, Fijian Made, Fijian Sewn products, financial to enhance export, key industries, major role in Fiji’s economy, marketing grant, Ministry of Industry, support to Textile, Trade and Tourism

Fiji government through the Ministry of Industry, Trade and Tourism (MITT), has geared its support to the Textile, Clothing and Footwear (TCF) Council as part of its commitment to support key industries that play a major role in Fiji’seconomy. The government has provided a $100,000 marketing grant for the industry this financial to enhance exports of Fijian Made — Fijian Sewn products.

Related Keywords: 000, country’s largest man-made fabric, facing difficulties on GST portal, FOSTTA, MMF hub, movement of goods worth more than Rs 50, online e-way bill generation, sought extension of deadline, technical glitches, textile traders, trial basis for inter-state movement

The textile traders' community in the country’s largest man-made fabric (MMF) hub has been facing lot of difficulties on the GST portal due to technical glitches and sought extension of deadline in the online e-way bill generation. An e-way bill is required for movement of goods worth more than Rs 50,000.

Though the central government has launched the e-way bill generation on trial basis for the inter-state movement of goods above Rs 50,000 starting from January 16, the traders have demanded that implementation of e-way bill must be done only after ensuring the system works properly.

Related Keywords: ColorJet India, cotton fabric printing, digital inkjet printers in India, digital printing technology, fashion designers in India, Garment Technology Expo (GTE), GTE 2018, home textiles digital printing, polyester fabric printing, silk fabric printing, tech loaded digital textile printer, textile inks, textile printing, TXF with Japanese Technology

After the successful launch at FESPA Hamburg, ColorJet India Ltd is showcasing its tech loaded digital textile printer, the TXF at Garment Technology Expo (GTE), New Delhi in hall E, stall no. 6. ColorJet has manufactured this digital textile printer incorporating the latest Japanese technology, which imparts the printer with the power to print brilliantly and flawlessly, with reduced maintenance.