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prices+under+pressure
2014-06-24 11:32:00
PTA producers managed to lift price, but spot relents
Asian PTA prices gave back some of its recent gains despite continuous soaring feedstock paraxylene prices since early May (0.66 unit paraxylene required to produce 1 unit of PTA). The tighter
2014-05-05 09:00:00
Performance Fibers decision on transformation process to compete efficiently
Performance Fibers Inc. to stay competitive in the current challenging environment has decided to close its polyester tire yarn plant in North Carolina over the coming 12 to 15 months and transfer
2014-04-16 08:00:00
Pakistan cotton market in quandary over rapid revaluation in exchange rate
Low cotton demand was witnessed over sudden change in the export parity with rapid revaluation in exchange rate by 12 percent. Moreover, the spinning industry has already built upon their cotton
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,
2014-04-02 15:45:00
Anti-dumping duty on PTA to affect domestic user industry
The Associated Chamber of Commerce and Industry of India (ASSOCHAM) is clearly expressed its discontent against government imposing of anti-dumping duty on imports of Purified Terephthalic Acid
2014-03-28 10:33:00
Import duty rumour sets cotton markets in Pakistan on fire
Rumours that five per cent import duty will be imposed on cotton yarn in Pakistan set the cotton markets on fire on 27 March. The markets swayed on news that recommendation of duty imposition has
2014-03-18 10:50:00
Unstable currency affecting cotton market
Cotton prices came under renewed pressure in the absence of buying interest. The market is likely to remain unstable, unless dollar-rupee pars settle down. At present, the entire export trade is
2014-01-27 16:10:00
Another good season for cotton crop
India cotton prices have recovered by 10 per cent since they bottomed in the first week of December at around Rs 18,500 a bale. Robust demand has supported the price. Export numbers suggests till
2014-01-23 10:00:00
Indian cotton exporters fulfilled forward contracts order with Chinese buyers at a loss
Indian Cotton exporters who had entered into forward supply contracts with buyers mainly from China for December and January in the range of Rs 38,500-41,000 per candy had to settling them at a loss
2014-01-20 14:10:00
China to scrap its cotton stockpiling scheme in 2014
China out with the policy document late yesterday, is the first official confirmation the policy change will come in 2014, although it does not give more specific details on timing and offers limited
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