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In US, export prices rolled over on the week to an assessment of US$820-830 a ton in the last week of November.

Export assessment was flat for a third straight week with supply-demand fundamentals balanced. Spot was flat as global pricing were mixed and values reaching floor.

In Europe, acrylonitrile spot prices held steady at US$898-902 a ton CIF Mediterranean.

European acrylonitrile spot pricing maintained strength on the week on price increase in Asia while arbitrage to the region was not enviable.

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

Related Keywords: buyer and sellers remained confused, Fall in US dollar value against the rupee, falling cotton prices, ginners disposed stocks, import parity of cotton improved, Karachi Cotton Association, mixed price trend, needy spinners seen buying, New York cotton market, rapid change in market behaviour, replenish stock, seed cotton, spot rate

Some needy spinners were seen buying at cotton market due to falling cotton prices on Tuesday to replenish their stocks. Due to short crop, cotton prices should have soared and activity should have been brisk, brokers said. However, the situation continued to be uncertain as buyers and sellers remained confused over the rapid changes in the market behaviour.

Fall in US dollar’s value against the rupee forced many ginners to dispose of their stocks in a hurry because import parity of cotton improved.

Related Keywords: areas of interest of visiting delegation include textiles, Confederation of Indian Industry, in coordination with, India fifth largest market for Saudi exports, organized business to business meeting, Saudi Arabian exporters delegation, State rune Saudi Exporters Development Authority

India is the fifth largest market for Saudi exports accounting for 8.87 percent. The Confederation of Indian Industry (CII) in coordination with the state-run Saudi Exporters Development Authority jointly organized a business-to business (B2B) meeting with an exporters' delegation from Saudi Arabia in New Delhi on Wednesday.

Saudi Arabia which is India's fourth largest trade partner and a major source of energy, India imports around 20 percent of its crude oil requirements.

Related Keywords: collection of garments, curated by Rupa Sood and Sharan Apparao, designers to showcase their signature collections, exhibition in pursuit of excellence in texile crafts of India, fabrics and saris, highlight edge of design and skill, make use of Indian textiles, Nayaab, produced by textile revivalist, showcase old complicated traditional skills

Nayaab, an exhibition in pursuit of excellence in the textile crafts of India, curated by Rupa Sood and Sharan Apparao will highlight the edge of design and skill. Nayaab will attempt to move away from the watered down textile crafts and showcase the more difficult laborious, old, complicated traditional skills being produced by revivalists who are dedicated to the pursuit of these exceptional skills.

The event will see as many as 15 designers showcasing their signature collections which make use of Indian textiles. A collection of garments, fabrics and saris will be on display.

Related Keywords: Asia pacific, China and India at forefront of demand, growth of the industrial sector, Hometech and Indutech, key factors fuelling the demand, lucrative market for technical textiles, Robust growth of the automotive sector. increasing applications of technical textiles in construction industry, two behemoth economies

Asia Pacific is the most lucrative market for technical textiles, with demand expected to reach 11,468 thousand tonnes by the end of 2015, up from 10,715 thousand tonnes in 2014. China and India are expected to be at the forefront of demand for technical textiles, with these two countries collectively accounting for 74% share of the Asia Pacific technical textiles market.

Related Keywords: architectural use and interior design, biggest international trade fair for home and contract textile, for hotel trade, global benchmark for quality textile of design, Heimtextil, innovative functionality, platform for manufacturers, range of products covers selection of contract textiles, retailers and designers

Heimtextil is the biggest international trade fair for home and contract textiles and the global benchmark for quality textiles of design and innovative functionality to be held over four days in January from 12-15 in Frankfurt, it has been the sector's first trade fair of the year for decades and is the foremost platform for manufacturers, retailers and designers, where it will assemble more than 2,700 exhibitors.

Related Keywords: Bangladesh rise in cotton consumption, cotton consumption will rise to twenty percent, favourable government policies for textile sector, global apparel trade, higher demand from garment makers, International cotton advisory committee, more than one million tonnes, Vietname major competitor of Bangladesh, world cotton production

Bangladesh to witness rise in cotton consumption by 10 percent to more than one million tonnes due to higher demand from garment makers and favourable government policies for the textile sector while cotton consumption in Vietnam, one of the major competitors of Bangladesh in global apparel trade, will rise 20 percent to 1.1 million this fiscal year, as per the latest report released last week by the International Cotton Advisory Committee.

Asian MEG prices fell US$17 a ton CFR China and CFR South East Asia in the last week of November.

In China, values fell to US$550-555 a ton in the first half of that week, and later surged by US$5-10 in line with rebounding crude oil values.

In the H2 of the week, prices were corrected to below US$570 a ton.

Mono ethylene glycol prices declined in Asian markets on on negative outlook and surplus stock, triggering short-selling.

No support is expected from cost or demand side, with expectation of lower run rates at downstream polyester plants.

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

Asian paraxylene markers were down US$6 a ton FOB Korea and CFR Taiwan/China in the last week of November.

Nominations for December contract prices were at US$820-830 a ton CFR Asia.

Paraxylene prices in Asian markets fell on the week amid heavy selling interest and weakness in upstream isomer- mixed xylene markets.

Meanwhile, December Asian contract price was nominated. Contracts remained unsettled despite production economics were marginally positive.

BP announced that it has put up its Decatur, Alabama, Petrochemicals complex for sale.

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

Related Keywords: apparel units, creating marketing linkages, develop the state as hub of textile industry, focusing on textile sector, looking for new textile and apparel policy, operational for period of five years, provide incentives to investors, set up garment cotton based ancillary industries, strengthen the procurement of raw cotton, Telangana state

Telangana state focusing more on the textile sector and encouraging apparel units to develop the state as a hub of textile industry for which they are looking at a new textile and Apparel policy (T-TAP) in January 2016 which will be operational for a period of five years from the date of its announcement.