News Tags

In Shengze of Jiangsu, offers for 32s polyester yarn prices declined US cents 3 a kg in the last week of December 2015, and those for 45s fell US cents 4 a kg.

Spun polyester yarn price inched down in China amid poor sales situation. Offers were weakly stable amid thin transaction in line with PSF values that week.

Some sporadic deals were concluded on the back of limited demand.

Producers did not run at high rates, and they held low interest to buy raw materials. Most producers just bought goods to meet rigid demand were inclined to buy low-priced goods.

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 markers edged down US$1 a ton CFR China and CFR Southeast in the last week of December 2015. CFR India also slipped US$1 a ton on the week.

In China, sellers showed low interest at US$580 a ton, while buyers were reluctant to buy goods at above US$550-555 a ton.

Yisheng Petrochemical’s offers were at US$574 a ton while Hengli Petrochemical issued self-lifting offers at US$605-610 a ton.

Purified terephthalic acid prices were stable weekend but edged down on the week, tracking the price movement in Northeast Asia.

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

Related Keywords: ASEAN Economic Community, Asean markets, Heimtextil show in Germany, Malaysian textile industry, textile and garment associations of Turkey, Turkish exhibitors, Turkish export growth, Turkish Home Textile Industrialists, Turkish textile companies

Turkish textile companies are looking to penetrate into new markets to sustain their export growth since the companies are already facing losses from their traditional export markets due to political and security problems in their neighbourhood.

At the world’s biggest trade fair for the home-textile and contract textile industry named Heimtextil show of Frankfurt in Germany, Turkish exhibitors are trying to intensify their links to Malaysia and the ASEAN markets.

Related Keywords: Africa, apply new technologies, business model, direct negative impact on textile exports, economic transformation, exports continued to decline last year, Japan and Europe, main textile export markets of China, positive growth in exports, retail sales revenues of clothing declined, sharp depreciation in yen and Euro, South Korea, United States

Japan and Europe have been China's main textile export markets due to sharp depreciation in yen and Euro had a direct negative impact on textile exports. China's textile and garment exports continued to decline last year, mainly due to the good performance in the previous year and exchange rate fluctuations, the Ministry of Industry and Information Technology said on Wednesday.

Related Keywords: design woollen fabrics, Global Merino, internationally sources finest merino wools, partake at upcoming ISP trade fair, polyester and creora eco-soft, promote triple plated construction, specialist in technical textile development, sportwear and outdoor industry, uses contract spinners and weavers, using combination of merino wool

Global Merino, a specialist in technical textile development that internationally sources the finest of merino wools and uses contract spinners and weavers to make designed woollen fabrics for outdoor companies like Patagonia will partake at the upcoming ISPO trade fair for sportswear and outdoor industry to be held in Germany this month.

Related Keywords: Bangladesh, Dhaka international textile and garment machinery exhibition, display latest and advanced innovations, Japanese leading computerized knitting machine manufacturer, knitting machines, market for knitwear manufacturing, participate for the ninth time, producing seam-free items in one-piece, Shima Seiki, wholegarment machines

Shima Seiki, Japan’s leading computerized knitting machine manufacturer will be exhibiting its latest solutions to meet those current needs, as well as advanced innovations for future market need at the 13th Dhaka International Textile & Garment Machinery Exhibition (DTG 2016) in Dhaka, Bangladesh, in cooperation with its partner Pacific Associates. This will be the ninth time the Japanese manufacturer will participate at DTG.

Related Keywords: authorized officers of central and state governments, duplicate version of GI registered products, dwindling market value, fake handloom products, hampering niche market, handloom, manufactured by mechanized sector of textile, pay special attention to complaints, textile marketing companies, Textile Ministry, Textiles

Duplicate versions of Geographical Indication (GI) registered handloom products are being manufactured by the mechanized sector of the textiles and are sold in market by some textile marketing companies hampering the niche market of these products , said the Textiles Ministry on Wednesday in a press release.

In China, medium-length staple fiber prices remained unchanged while cotton-type staple rolled over in the last week of December 2015.

Taiwan origin 3D bright ASF tow prices were unchanged at US$1.60-1.70 a kg.

Jilin Chemical Fiber maintained its list prices for January with 1.5D at US$2.03 a kg, 3D medium-length at US$2.02 a kg, same as in December while tow was up US cents 1 to US$2.11 a kg and top up US cents 2 at US$2.26 a kg.

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

Asian acrylonitrile marker the CFR Far East Asia moderated US$20 a ton while Southeast Asia fell US$35 a ton in the last week of December 2015.

In China, offers for offshore cargoes were unchanged at US$1,150-1,200 a ton.

Acrylonitrile spot markets in Asia remained snug, while buying interest was lusterless. Buyers bought hand to mouth volume, and were noncommittal to deep-sea cargoes due to long freight period.

In China, ACN suppliers slightly lowered their offers during the week. Downstream demand was insipid during the week as run rate at ASF producers remained high.

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

Related Keywords: import duties in Pakistan, Pakistan Readymade Garment Manufacturers, Pakistan’s export market, textile and clothing industry in Pakistan, textile exports of Pakistan, value-added textile sector, Vietnam and European Union’s FTA

The Pakistan Readymade Garment Manufacturers and Exporters Association (PRGMEA) Chief Coordinator Ijaz Khokhar said that the country’s export of textile and clothing have been declining sharply during the last six months (July-Dec) of 2015 and the government needs to take preventive measures to enhance textile exports.

Pakistan’s export market has already shrunk due to high energy cost and discriminating import duties on the industry's raw material and a decline in cotton production, said Ijaz Khokhar.