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2015-08-11 12:50:33
Nylon filament yarn prices sees steep fall
Nylon filament yarn prices fell further during the last week of July as operating cost pressure eased on lower caprolactum and nylon chips prices. Meanwhile textile yarn makers continued to cut run
2015-07-17 12:00:00
Egypt cancels decision to ban cotton import
Egypt’s government to allow cotton imports this year, revoking its last week’s decision to ban cotton imports from abroad to protect Egyptian cotton farmers and avoid damaging the
2015-06-30 17:29:00
Polyester pricing softening across the value chain
Polyester pricing has been on a sluggish mode ever since crude oil price began to dwindle with occasional peaks and troughs. In the week ended 19 June, polyester upstream feedstock, ethylene markets
2015-06-23 17:38:00
Indonesian yarn markers want safeguard duty on yarn imports
Yarn producers in Indonesia have urged the government to impose a temporary safeguard duty on imported yarn, which they claim is severely damaging the local producers. Local yarns, especially made of
2015-05-22 07:16:04
Benzene prices tumble but downstream remained firm
Benzene markets tumbled across regions and prices plunged sharply in Asia on weak demand amid excess supplies. The arbitrage window from Asia to US was firmly shut. In Europe, prices dropped amid
2015-05-13 11:00:00
Yarn Forward rule to have major effects on signatory countries such as Vietnam
United States led trade agreement Trans-Pacific Partnership (TPP) which involves twelve countries, is presently under negotiation. A key part of the proposed TPP is a rule known as “yarn
2015-04-15 16:45:00
Benzene strengthens support to downstream nylon chain
Benzene prices surged 13-16% in March across regions while US numbers hit a four-month high in the first week of the month. In Asia, a strong demand for May cargoes supported prices to go up while in
2015-03-25 17:19:00
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
2015-01-14 16:00:00
Pharr Yarns to merge with Phenix Flooring a Georgia carpet maker
McAdenville-based Pharr Yarns one of leading manufacturers of differentiated carpet yarns and high performance yarns.announced that it has merged its customer Phenix Flooring, a maker of
2014-09-08 12:46:00
Falling crude triggers cost reduction in raw materials for making polyester
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a
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