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Asian MEG markers spurted US$15 a ton CFR China and CFR South East Asia in the last week of February. In China, offers stayed high, and discussions and trading values picked up accordingly.

Post midweek values were hard to rush higher, with numbers weakening US$5-10 a ton. Weekend saw values recovering to the early week levels.

Mono ethylene glycol prices moved up in Asian markets on the week due to continued supply tightness and support from firming ethylene cost. Upcoming plant maintenance are likely to support MEG markets in coming weeks.

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 gained US$9-10 a ton FOB Korea and CFR Taiwan/China in the last week of February. Isomer-grade mixed xylene was assessed at US$589.50 a ton FOB Korea and US$618.50 a ton CFR Taiwan.

Paraxylene prices in Asian markets rose early in the week only to give back some of the gains mid-week. However, they recovered weekend on bullish demand although May PTA futures in China fell amid Sinopec’s March contract price nomination. Isomer-grade mixed xylene prices were flat in thin trade while inventory in East China hit a 6-month high.

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

Related Keywords: BITRA and SITRA, Coimbatore and Triupur, developed curriculum for weavers, does not have training system, M. Senthil Kumar, Nitra, planning to have standardised training system for the workers, power loom associations and unit owners, Powerloom units in two disticts, SIMA, textile research associations, Textile Sector Skill Council

It is estimated that for every 1,000 looms, 600 people are employed. Presently, the sector does not have a training system for the 1.2 lakh workers directly employed in the power loom units in the two districts Coimbatore and Tirupur, according to M. Senthil Kumar, chairman of Southern India Mills’ Association.

Related Keywords: for exhibitors and visitors, four other textile trade fairs are held concurrently, Indian Pavilion to present with fifty exhibitors, leading sourcing platform, offer range of high quality cotton yarns, Over three hundred exhibitors to present their products, set up to begin from next wednesday, Texprocil, trading platform, Yarn Expo Spring

Yarn Expo Spring 2016 a leading sourcing platform to both exhibitors and visitors is set up to begin from next Wednesday. The show is also an ideal opportunity for overseas buyers to gain access to some of the leading domestic suppliers in the industry. Yarn Expo Spring showcases a wide spectrum of natural and blended yarns including cotton, wool, flax / regenerated flax, silk, and man-made fibres and yarns, as well as specialty products including elastic, and fancy and blended yarns.

Related Keywords: as choice export and textile hub among investors, Centre to provide subsidy, Gurgaon losing its sheen, hike in minimum wages, increasing real estate costs, plug and play model, processing industy, Textile Minister Santosh Kumar Gangwar announced, textile park will be set up in Haryana, to boost textile industry in the state, value chain

With Gurgaon starting to lose its sheen as the choice export and textile hub among investors due to the backdrop of a 45percent hike in the minimum wages last year and the increasing real estate costs. To boost textile industry in the state, textile minister Santosh Kumar Gangwar announced on Tuesday that a textile park will be set up in Haryana.

The textile park will involve investment to the tune of Rs181 crore of which the Centre will provide a subsidy of Rs 40 crore for the textile park.

Related Keywords: Americas pertigious craft fair, Australian Country Spinners, ceased mulesing, collaborated with the knitting designer Anne Morgan, develop modern patterns, lauches new range of superfine merino wool design, new range of yarn comes from farms, targeted by animal rights group, Vogue Knitting, Wangaratta Woollen Mills, wool processing industry

Australian Country Spinners, Wangaratta Woollen Mills recently launched its new range of superfine merino wool design to 7000 knitting enthusiasts at America's prestigious craft fair, Vogue Knitting in New York. To ensure there are no "roadblocks to success" the new range of yarn comes from the farms that have ceased mulesing, the fly-strike prevention normally targeted by animal rights groups.

Related Keywords: biggest fair of textile, chemical and allied services, digital printing machineries, display products at seven hundred booths, embroidery, Fifth Textile Asia International Textile and Garments Machinery Trade Fair, garment, increase export of value-added textile and garments, international brands, large number of foreign delegates, PRGMEA

A three-day 15th Textile Asia-International Textile & Garments Machinery Trade Fair is schedule to begin on Wednesday March 9th, 2016. The event is described as the country's biggest fair of textile, garment, embroidery, digital printing machineries and chemical and allied services.

Related Keywords: apparel design software, entered three D design platfor, global textile industry, high quality and ethical manufacturing methods, Optitex, partnered with leading provider of hi tech solution, reducing Lankan apparel design costs and cycles, SLITA, Sri Lankan apparel sector, upgrade apparel designing to new levels

Sri Lanka’s apparel sector to upgrade its apparel designing to new levels has partnered with leading provider of hi-tech solutions for the global textile industry. The Lankan apparel industry for the first time has entered the 3D design platform with World’s leader in 2D and 3D apparel design software, the New York headquartered Optitex.

Related Keywords: Chinese investor in Vietnam, coming with cheap labor, destruction of environment, fiber plant, intensive use of natural resources, prevent Chinese FDI projects, Texhong Group, textile-garment chain, Vietnam need to tighten regulations on FDI

Vietnam need to tighten regulations on FDI to prevent Chinese FDI projects coming with cheap labor, intensive use of natural resources and destruction of the environment, experts said. Texhong Group is the most notable name among Chinese investors in Vietnam, with a $300 million fiber plant in Quang Ninh Province, which went into operation in 2013.

Related Keywords: at plant in Dahej, Filatex, Gujarat, hundred million tones per day, installing about 40 texturising machines at the plant, primarly manufacturing several grades of polyester yarn, ramp up long-term profitability, start commercial production for manufacturing polyester fdy, textile firm

Filatex India Limited is an Indian textile firm primarily manufacturing several grades of polyester yarn has commenced commercial production for manufacture of 100 million tones per day of polyester fully drawn yarns at its plant in Dahej, Gujarat with effect from March 4, Filatex India said in a BSE filing today.