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2016-09-01 13:00:00
India on track to double its cotton imports this year
India, the world’s largest producer of cotton this year due to winged pests and droughts is on track to double its cotton imports. India is looking overseas for cotton as its own production is
2016-08-19 04:40:10
PTA price moderates in Asia
Asian PTA markers were assessed down US$9 a ton CFR China and CFR Southeast Asia in the first week of August. In China, offers remained at US$605-610 a ton, and counter offers were between US$590-600
2016-07-27 17:00:00
Mitsubishi Chemical to sell off its Chinese and Indian PTA operations
Mitsubishi Chemical Holdings plans to sell off its Chinese and Indian operations of terephthalic acid (PTA), the primary raw material used to manufacture various polyester products, amid
2016-06-06 14:00:00
Reda inks $45 mn supply contract with merino farmers
Merino farmers have clinched a $45 million deal over five years to supply their fine wool to Italian wool mill Reda which is making an impression on the merino active wear marketplace. The deal with
2016-03-15 07:38:17
Nylon yarn market remains range bound in China
In China, semi-dull FDY70D/24F prices rolled over in the third week of April while FDY40D gained US cents 8 a kg at the upper end. Nylon DTY 70D/24F prices were flat on the week while 30D/10F
2016-02-17 07:10:21
Paraxylene price tumbles across all regions
Asian paraxylene prices fell US$29.33 a ton FOB Korea and CFR Taiwan/China in the first week of May. Paraxylene prices in Asian market tumbled weekend and on the week on sliding downstream PTA
2016-01-18 16:00:00
Indian textile stocks fetched positive ROI despite lean phase
The stocks of textile companies have performed well in the last one year. Of the 52 textile stocks, 43 stocks have fetched positive ROIs despite Indian textiles going through a lean phase since the
2016-01-11 12:11:00
Falling crude oil sets nylon chain on a freefall
The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since they were at their yearly peak in May-June. The plunge was triggered by the rapidly falling crude
2015-11-04 13:00:00
TN yarn manufacturers make investments notch up to fabrics
Tamil Nadu's yarn manufacturers has started making investments to move up their value chain to fabric and win better deals from Indian and foreign buyers with the recent export incentive push by
2015-08-13 15:00:00
Sales and exports of Indonesian textile industry remain sluggish
Indonesian textile industry would still be pressured in the second half of the year and predicted that sales and exports of textile products would remain sluggish, according to Ade Sudrajat, head of
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