News Tags

Asian paraxylene prices inched up US$5.33 a ton FOB Korea in the fourth week of March.

Paraxylene prices in Asian markets climbed on the week following the trend in upstream energy complex. Prices fell opening the week only to regain in subsequent two days. They fell on weekend in a holiday shortened week.

In Europe, paraxylene spot market was quiet as Easter approached and prices inched up in line with Asian numbers while mixed xylene saw outright price drop in line with gasoline swaps. Spot paraxylene prices gained US$5 a ton FOB Rotterdam during the week.

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

Asian MEG markers were down US$14 a ton CFR China in the fourth week of March. Sabic nominated its April Asia contract price which was up US$110 a ton from March.

Mono ethylene glycol markets in Asia rolled back the significant gains of previous week early in the week. However, they gained over the last two days of the week, limiting the weekly fall.

Sabic nominated April contract price significantly up from March seeing spot gaining over the past 10 weeks in a row up to the previous week.

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

Related Keywords: alternative to labour-intensive, Hs Eventos, Latin Amercias largest international textile machinery exhibition, manufacturer of computerized knitting machine, organized by Mundo Textil Magazine, participate with new proposals in seam-free WHOLEGARMENT knitting technology, Shima Seiki, Simatex

SIMATEX 2016, Latin Americas largest international textile machinery exhibition that is held every two years organized by Mundo Textil Magazine and Hs Eventos will take place from 5 to 7 April in Centro Costa Salguero, Buenos Aires, Argentina, one of the most popular and beautifull city in South America.

Shima Seiki, manufacturer of computerized knitting machine will be participating in the SIMATEX exhibition in Argentina this April with new proposals in seam-free WHOLEGARMENT knitting technology that offer an alternative to labour-intensive manufacturing in the South American market.

Related Keywords: apparel and lace sector, for home textiles, German firm Karl Mayer, high speed four-bar tricot machine, important platform for global textile machinery manufacturing sector, ITM exhibition, Karl Mayer check parts app, Karl Mayer Connect app, offer warp knitting solutions, solution for textile industry, Turkish market, Webshop

ITM exhibition 2016, the world’s most important platforms for the global textile machinery-manufacturing sector to take place from 1-4 June in Istanbul. The German firm Karl Mayer will have a wide ranging offering including warp knitting solutions for the home textiles, apparel and lace sectors as well as information on its sizing and comprehensive service package.

Related Keywords: American worldwide private equity firm, based in Irvine, corporate, design focused sustainable contract textiles, focused on investing in growing small and medium sized enterprises, from Norwest Equity Partners, health care and hospitality, leading value added distributor, provides exclusive, purchases Momentum Group, Riverside Company

The Riverside Company, an American worldwide private equity firm focused on investing in growing small and medium-sized enterprises is purchasing Momentum Group based in Irvine, California, leading value added distributor that provides exclusive, design focused sustainable contract textiles for corporate, health care and hospitality sector from Norwest Equity Partners.

Related Keywords: attend series of buyer seller meeting, Copernicus International Consulting Ltd, delegation includes companies across the textiles and clothing sectors, Delegation of leading Mauritian manufacturers, denim and fashion market, Enterprise Mauritius, including textile and clothing sector, Knitwear, organizing the meet, visit Herning and Copenhagen

A delegation of leading Mauritian manufacturers including the textile and clothing sector will visit Herning and Copenhagen in Denmark to attend a series of buyers’ and sellers’ meetings to be held on 12 and 13 May. As Mauritius was a competitive supplier into the knitwear, denim and fashion markets internationally. This is a sector that the Mauritian delegation is particularly interested to explore in Denmark.

Related Keywords: Commerce Minister Nirmala Sitharaman, Comprehensive Economic Cooperation Agreement, India inching closer to free trade agreeement with Australia, India negotiating better offer from Australia, India wants zero duty on textiles, renewed and refined offers awaited, service sector to get greater access

India inching closer to a free trade agreement with Australia. India has made their offers, but renewed and refined or enhanced offers are awaited. The services sector is likely to get a greater access in Australia however India are negotiating for a better offer from Australia having given their own wish list.

Commerce minister Nirmala Sitharaman said that it is at a very critical stage.They are closed to probably getting nearer an agreement.

Related Keywords: access new markets, acquired by Chinese group, after acquisition company's plan to become leading lace producer, chiefly in Asia, currently exports seventy percent output, Desseilles, especially Chinese market, Hangzhou Yongsheng, offer more designs to Yongsheng, oldest lace producers in France, textile and apparel producer

Desseilles, one of the oldest lace producers in France which produces six million meters of lace, with many well known international brands such as Victoria’s Secret as their client has been acquired by Chinese group, Hangzhou Yongsheng, textile and apparel producer.

Desseilles products two kinds of lace products, and holds second and the third place in terms of market share. Desseilles had a 5.4 million euro sales revenue in 2015, and 8.3 million in 2014. After the acquisition, the company's plan is to become the No 1 lace producer, said Michel Berrier, general director of Desseilles.

In China, semi-dull FDY70D/24F prices inched up US cent 1 a kg in the fourth week of March while FDY40D were flat on the week.

Nylon DTY 70D/24F prices were up US cents 2 a kg while 30D/10F prices were up US cents 5 a kg.

Monofilament 30D prices inched up US cents 5 a kg while 1.5D staple fiber was stable during the week.

Nylon filament yarn markets continued to remain under inventory pressure limiting any price hike despite cost on caprolactum and nylon chips were rising. Yarn makers had ramped up operating rate amid slow rising demand.

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

In China, offers for liquid good rose US$15 a ton in the fourth week of March while solid goods offer inched up US$10 a ton. Asian markers, the SE and FE markers gained US$20 a ton.

Caprolactum prices inched up that week on decent demand and flat feedstock benzene values. In China, liquid goods offer in spot market edged up while mainstream values for solid goods were higher at the lower end of the price range.

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, Nylon prices