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In China, semi-dull FDY70D/24F prices rolled over while FDY40D were stable in the second week of February.

Nylon DTY 70D/24F prices remained unchanged while 30D/10F prices were steady on the week.

Monofilament 30D prices rolled over US$2.37-2.60 a kg while 1.5D staple fiber were at US$2.07-2.17 a kg.

Nylon filament yarn markets were flat on the back of stable caprolactum and nylon chips prices. However, lower offtake and slower demand with inventory at 25-30 days’ worth pushed the markets into dull atmosphere amid Lunar New Year holidays.

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

In China, liquid good offers fell US$45 a ton while solid goods offer was down US$15 a ton in the second week of February.

Asian markers, the SE and FE markers rolled over at US$1,050-1,100 a ton.

Sinopec’s January contract settlement was at US$1,455 a ton for liquid goods while DSM Nanjing’s settlement was at US$1,460 a ton for liquid goods in the previous week.

Caprolactum markets in Asia were flat to down during the holidays and ahead of the festival. In China, prices were flat amid inactive trading, with players leaving for holiday.

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

Asian MEG markers rolled over in the second week of February with CFR China assessed at US$610-605 a ton while CFR South East Asia was at US$613-617 a ton.

In China, nearby-month cargoes were quoted at about US$590 a ton, with counter offers at US$580-585 a ton and forward-month goods US$5 a ton higher.

Mono ethylene glycol markets in Asia witnessed extremely thin activity amid the Lunar New Year holidays, with participants across South Korea, Taiwan and Southeast Asia were either on holiday or not trading.

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 although gained US$5 a ton FOB Korea and CFR Taiwan/China in the second week of February. Paraxylene markets were quiet that week and activity was thin amid Lunar New Year holidays, in most part of Northeast Asia. However, weekend saw prices rising amid surging crude oil and mixed xylene prices.

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

Related Keywords: China cotton index, cotton prices in china, cotton prices in india, cotton prices in Pakistan, cotton trade in India, cotton yarn market in India, fabric market in Pakistan, textile mills in India, yarn prices in china, yarn prices in India, yarn prices in Pakistan

In India, cotton prices edged up in the third week of February on fresh demand from domestic yarn mills after prices declined in the previous week. Gujarat Sankar-6 cotton gained INR500 to INR33,600 per candy. Other varieties saw prices gain INR200-800 per candy.

Related Keywords: Archroma, DKTE Ichalkaranji for Technical textiles, enter into five year partnership, leader in colour and speciality chemical, new approach to knowledge sharing, nonwoven, prepare a new generation of textile experts, provide training sessions, share expertise in technical textile, with faculty and students

DKTE Society’s Textile & Engineering Institute, Ichalkaranji for Technical Textiles have entered into a five-year partnership with Archroma, a leader in colour and specialty chemical to share Archroma’s expertise in the area of technical textiles and nonwovens with the Institute’s faculty and students.

The partnership was officially announced at a ceremony held on 11 February in Mumbai in the presence of Archroma’s CEO Alexander Wessels and DKTE’s Principal Prof (Dr) P.V. Kadole.

Related Keywords: Bangladesh textile giant, chosen IFS Sri Lanka, deploy IFS applications, distribution solution, export oriented RMG industry, finance, global enterprise application company, Hamid Fabrics Ltd, improve planning to better service customers, increase efficiency, maintenance, manufacturer of solid dyed fabric, see fully-fledged manufacturing

Bangladesh textile giant, Hamid Fabrics Ltd (HFL), manufacturer of solid-dyed fabrics for the 100% export oriented Ready Made Garment (RMG) industry of Bangladesh has chosen IFS Sri Lanka, the global enterprise applications company to deploy IFS Applications.

Following a comprehensive evaluation of the ERP market, HFL selected IFS Applications as its central business solution to increase efficiency, and improve planning to better service their customers.

Related Keywords: bailout package for cotton farmers, collapse of the crop in Pakistan, cotton cultivation in Pakistan, cotton exports worth, cotton farmers, cotton output in Pakistan, cotton prices, cotton prices in Pakistan, textile exports of Pakistan

Mian Shahid, chairman of United International Group, on Sunday demanded a bailout package for cotton farmers affected by recent collapse of the crop in Pakistan.

He stated that dismayed farmers were switching to other crops which could reduce area under cotton cultivation by 20 per cent which would further bring production down.

Textile sector would be hard pressed as four billion dollars would be needed to import cotton which would hit the foreign exchange reserves and gross domestic product growth, he added.

Related Keywords: agreed to boost trade to USD ten billion, ASEAN-US Summit, bilateral meeting, boost cooperation in trade and investment, expressed interest to inves in Indonesia, Indonesia and Vietnam, next two years, target set twice the current trade value, Vietnamese investors

During bilateral meeting of Indonesia and Vietnam held between President Joko “Jokowi” Widodo and Vietnamese Prime Minister Nguyen Tan Dung in the US on Monday agreed to boost bilateral trade to US$10 billion by 2018.

The target set is almost twice the current trade value between the two countries, which stands at $5.3 billion.

Related Keywords: alternative markets, bilateral political relations strained with Russia, compensate lose of Russian market, OTİAD, planned roadshows in March, roadshows bring more advantages than fairs, set to open up to Iranian and African markets, to the ready-made clothing sector, Turkish textile and ready-made clothing sectors, Turkish textile exporters

Turkish textile and ready-made clothing sectors to make up for their losses experienced since bilateral political relations were strained with Russia, is all set to open up to Iranian and African markets as an alternative markets to compensate lose of Russian market. Turkish textile exporters have planned roadshows in Iran, Ghana, Nigeria, Morocco, Tunisia and Algeria in March.