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Asian MEG prices surged US$44 a ton CFR China and CFR South East Asia in the second week of November. In China, trading values were up US$20-25 a ton on the week.

Mono ethylene glycol prices jumped in Asian markets on bullish futures amid active trading. Several futures and financial traders were heard buying Yuan-denominated swaps on the futures market to cover short positions for H2 November and taking long positions for H1 December.

In Europe, MEG markets were under pressure from bearish ethylene and ignoring the hike in November contract prices.

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Asian paraxylene prices jumped US$22.67 a ton CFR Taiwan/China and FOB Korea in the second week of November. Isomer mixed xylene offers gained US$21 a ton FOB Korea on the week.

Paraxylene prices in Asian markets surged on the week on downstream rally. The January PTA futures jumped over 8% on week. Isomer mixed xylene spot prices also jumped in support of paraxylene markets.

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Related Keywords: fabric makers, fibre processing machines, manufacturer of hot air stenters, manufacturing of textile machinery, Technical Textiles, textile industry of India, textile innovation, textile machinery cost, textile machinery market, textile makers, textile processing, textile products making, textile stenter, yarn makers

Indian manufacturer of hot air stenters, InspirOn Engineering Pvt Ltd is showcasing a next generation Stenter, the Motex 15000 at ITME India in hall 5, stall H5C1. When compared with the earlier model Motex 4560, the new model consumes less energy, has better safety features, minimises waste, while offering better operational efficiency and maximum return on investment.

The Motex 15000, while also being manufactured in a sustainable manner, has been developed with unprecedented features and state-of-the-art aesthetics.

Related Keywords: fabric makers, fibre processing machines, manufacturing of textile machinery, Technical Textiles, textile industry of India, textile innovation, textile machinery cost, textile machinery market, textile makers, textile processing, textile products making, wool machineries, wool spinning technologies, yarn makers

World leader in manufacturing of textile machinery dedicated to processing of long fibres, N. SCHLUMBERGER will be showing its leading and latest technologies at the forthcoming ITME India show to be held in Mumbai in Hall 1A, Booth H1R4.

Machineries on show from the France based company include the GC40 chain gills, GN8 intersecting drawing machine, ERA 40 combing machine and the new range of worsted and semi-worsted cards.

Related Keywords: exporters of card clothing, exporters of card room accessories, fabric makers, Indian textile manufacturer, manufacturer of card clothing, Technical Textiles, technology in textile industry, textile machinery manufacturers, textiles innovation, textiles research and development, yarn makers

One of the oldest Indian manufacturer and exporter of card clothing and card room accessories, ICC Ltd is showcasing its award winning ‘Tops Height Measuring’ (THM) device, an innovative ‘On Card’ technology, to solve uncertainty and a pain area faced by spinners in the carding department at the upcoming ITME India in hall H1, stall D - 26.

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TumKalip Aparat, a Turkish manufacturer of spare parts for new generation of European make weaving machines since the last 30 years, will be showing its range of quality spare parts at ITME India in hall 6 , stall no. D-11. TumKalip will also be promoting its high-tech coating technology for used Rapier Heads, like TiO2 and TC also called tungsten carbide coatings.

In China, FDY70D/24F SD prices were up US cents 1-5 a kg in the second week of November while FDY40D were raised US cents 5 a kg on the week. DTY 70D/24F prices remained flat while 30D/10F rolled over during the week.

Monofilament 30D prices were flat in Yuan terms but down US cents 2 a kg during the week, while nylon staple fiber 1.5D prices rose US cents 3 a kg on the week.

Related Keywords: caprolactum price, nylon chips prices, nylon filament yarn prices, Nylon prices, nylon prices in China

Asian caprolactum prices gained US$20 a ton SE and FE in the second week of November while Japanese goods were flat on the week. In China, spot offers for liquid goods were up US$75 a ton while solid good offers were up US$35 a ton.

Caprolactum prices marched higher given increased demand, recovering raw materials and shrinking supply as producers in China cut run rate to 85.5% this week. Liquid caprolactum offers in spot market were up US$75 on the week while mainstream price for solid goods gained US$35 a ton.

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In China, 30s spun viscose prices fell in US cents 6 a kg in Xiaoshan in the second week of November while 40s compact sirospun yarn prices in Jiangsu were down US cents 7 a kg on the week.

Viscose spun yarn markets continued the downtrend in China as discussions for ring‐spun 30s yarn and siro‐spun 40s yarn mostly moved down. Besides, offtake of vortex‐spun and rotor‐spun yarn weakened sharply, with more offloading activities seen.

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In Qianqing, PC (65/35) 32s yarn prices fell US cents 3 a kg in the second week of November while 45s PC combed yarn prices rolled over on the week. 32s PV (65/35) moderated US cents 2 a kg during the week.

Blended yarn prices rolled over in China but the decline of Renminbi has pegged export prices down but limited the drop of import prices in local currency terms. Nevertheless, imported yarn prices have fallen below domestic prices and imports were recovering.

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