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Asian MEG marker touched 20 weeks high by posting a rise of US$27 a ton CFR China and CFR South East Asia in the last week of August. In China, spot offers moved up US$25 a ton on the week.

Mono ethylene glycol prices surged in Asian markets on higher futures and several futures and financial traders buying Yuan-denominated swaps to cover short H2 September and H1 October positions.

In Europe, MEG prices drifted despite bullishness in Asia. Contract pricing headed for a double settlement for August and was likely to settle along with an initial settlement for September.

Related Keywords: MEG price in China, MEG price in Europe, meg price in US, MEG prices, mono ethylene glycol prices, Polyester prices

Asian paraxylene prices lost US$5.00-5.50 ton FOB Korea and CFR Taiwan/China in line with crude oil pricing in the last week of August. South Koreas SK Global Chemical cut its nomination to US$820 a ton CFR but end-users posted counterbids of US$710-730 a ton.

Related Keywords: paraxylene price, paraxylene prices in Asia, paraxylene prices in Europe, paraxylene prices in US, PX price

Related Keywords: durable hydrophobic properties, emulsion separation, exploring suitability of its innovative hydrophobic Olea fibre, focusing on developing innovative products, Kelheim Fibres, leading producers of viscose speciality fibres, looking into a new area of applications, Olea is a viscose fibre

Kelheim Fibres is one of the leading producers of viscose speciality fibres is focusing on developing innovative products, for which it is looking into a new area of applications and exploring the suitability of its innovative hydrophobic Olea fibre for emulsion separation. Olea is a viscose fibre with durable hydrophobic properties.

Related Keywords: APTA, APTA enable Indian exporters, Asia Pacific Trade Agreement, Commerce and Industry Minister, countries such as China and Korea, Exchange of tariff concessions, get greater market access, gets the Cabinet’s approval, import duty concessions, including textiles and pharma, MFN rates, Nirmala Sitharaman, sectors

The exchange of tariff concessions under the Asia Pacific Trade Agreement (APTA), gets the Cabinet’s approval on Monday, Commerce and Industry Minister Nirmala Sitharaman told media after the cabinet meeting. The APTA will enable Indian exporters to get greater market access in sectors, including textiles and pharma, in countries such as China and Korea.

Related Keywords: ITMA Asia +CITME trade show, key member of Lonati Group, launch large diameter Jacquard machine, Lonatis new model collection, organizing a seamless garment design competition, present latest machinery and applications, Santoni, shown publicly for the first time in Asia

At the ITMA Asia +CITME 2016 trade show that is taking place in Shanghai next month. Santoni as a key member of Lonati Group will present their latest machinery and applications. Santoni will launch its large diameter Jacquard machine at the fair, whilst Lonati’s new model collection will be shown publicly for the first time in Asia.

Related Keywords: Bamroli, increasing capacity at forty million liters per day, new facility will supply additionally forty MLD water, smart water initiative, SMC, support MMF sector of Surat, Surat Municipal Corporation, textile dyeing and printing mills at Pandesara GIDC, TTP, upgrade existing tertiary treatment plant

The Surat Municipal Corporation (SMC) has decided to upgrade its existing tertiary treatment plant (TTP) at Bamroli by increasing the capacity at 40 million liters per day (MLD). The new facility will supply additionally 40 MLD water to the textile dyeing and printing mills at Pandesara GIDC. A smart water initiative taken by civic body to support the Surat’s man-made fabric (MMF) sector.

Related Keywords: ABFRL, ABFRL undergone major restructuring, Aditya Birla Group, bring entire textile and fashion business, Century Textiles and Industries, comprising Madura Garments, demerge its textile business, fashion business of Aditya Birla Nuvo, likely to merge with Aditya Birla Fashion & Retail, under one roof

Century Textiles and Industries is looking to demerge its textile business and likely to merge it with Aditya Birla Fashion & Retail (ABFRL) to bring the entire textile and fashion business of the Aditya Birla Group under one roof.

Related Keywords: collaboration with Union of business associations of HCMC(HUBA), cutting room, focusing on Italian garment and textile technology, garment finishing, global solutions, ICHAM, Italian Chamber of Commerce in Vietnam, modern technology, organize technical seminars, sock knitting machines, three leading Italian manufacturers of textile machineries

The Italian Chamber of Commerce in Vietnam (ICHAM) to organize a technical seminars on 13the September 2016 focusing on the Italian garment and textile technology in Ho Chi Minh city, in collaboration with the Union of business associations of HCMC(HUBA). At the seminar, three leading Italian manufacturers of textile machineries will present to the audience the most modern technology available in the market for sock knitting machines, garment finishing and global solutions for cutting room.

Related Keywords: as a base instead of oil, Cotton Inc and Archroma have joined forces to develop, Cotton Incorporated, dyed with the EarthColors cotton-derived dye, give knit and woven cotton fabrics dyed in a variety of warm, natural brown shades, new dye uses by-products of cotton harvesting, Premiere Vision trade fair, present fabric samples, Soft

Cotton Incorporated will be presenting fabric samples dyed with the EarthColors cotton-derived dye at the Premiere Vision trade fair taking place in Paris, France September 12 through 14. The new dye uses by-products of cotton harvesting as a base instead of oil to give knit and woven cotton fabrics dyed in a variety of warm, soft, natural brown shades. The new dyes offer both sustainability and traceability for retailers and brands.

Related Keywords: get associated in IHB, IHB, invited bids, Office of the Development Commissioner for Handlooms, opportunity to MSMEs in textile sector, own chain of retail stores, registering garments, reputed Garment manufacturer-cum-Retailers, retailing of IHB Garments, under Garment Manufacturer category of Indian Handloom Brand

The Office of the Development Commissioner for Handlooms has invited bids from reputed Garment manufacturer-cum-Retailers for registering their garments under ‘Garment Manufacturer’ category of the Indian Handloom Brand ( IHB) giving an opportunity to MSMEs in textile sector to get associated in IHB and retailing of IHB Garments in their own chain of retail stores.