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2014-05-26 12:19:00
Bullish feedstock sparks polyester chain, PTA-MEG rises further
Asian ethylene markets were on the bullish note in the week ended 23 May as spot supplies tightened amid a lack of regional supply, supporting prices to rise. The markers rose US$12 a ton CFR
2014-05-08 17:56:00
Paraxylene Naphtha spread back to mid 2010 levels
There has been no contract price settlement for paraxylene in Asian market since February this year and the spot is used to peg derivative PTA values. Japan's JX Nippon Oil and Energy although
2014-04-08 15:00:00
China manages to sell 1.86 lakh tonnes of cotton in 4 day of auction
China holds almost 60 percent of global stock almost more than 10 million tonnes, to unwind its cotton stockpiling as held the first auction of raw cotton and test a target price policy in Xinjiang,
2014-03-27 11:19:00
Yarn producers in Pakistan urge government to help avert crisis
Yarn spinners in Punjab region are headed for another crisis which can force them to stop production or to close down factories to avoid losses. A mix of domestic and regional factors has been
2014-03-25 15:50:00
Policy change China to cut sale price for cotton from its strategic reserve
From 1 April, the Chinese government will accept bids as low as 17,250 Yuan a ton for standard-quality cotton in its daily auction. This will be 4.2 percent below the current floor price of 18,000
2014-01-23 11:35:00
Weekly cotton buys hit three-month low in China
Cotton stockpiling by China, the world's top cotton buyer is a driver of global prices. China's state cotton stockpile reached 5.5 million tonnes by the end of last week, after the country bought
2014-01-02 17:49:00
Rise in cotton price due to increase in demand and lessen arrivals
The cotton prices last month saw a rise, by Rs 2,500 a candy (356 kg) due to the soaring demand from mills and exports. At the same time, restricted selling by farmers was seen as one of the reasons
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