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purified+terephthalic+acid+pta+and+mono+ethylene+glycol+meg
2018-11-27 10:28:51
PTA, MEG prices on downswing in Asian markets
Polyester intermediate, purified terephthalic acid (PTA) prices in Asia fell in the week ended 16 November 2018 in tandem with weak paraxylene cost, however supply was relatively tighter in the week
2018-09-26 11:32:00
Polyester chain prices nosedive before peak season amid soft demand
Polyester markets saw price drops in the week ended 21 September 2018 on the back of lackluster trading sentiment before the peak season. October is the usual peak sales season for PFY, which is the
2018-07-10 18:15:00
Polyester markets faced downward pressure in June
Ethylene prices in Asian markets inched up in June on expectations of increase in Chinese demand in the coming period. In Europe, spot ethylene prices rose sharply this month on cracker issues as
2018-06-01 10:23:00
India's synthetic yarn industry suffers due to rising crude oil price
Narain Aggarwal, chairman, The Synthetic & Rayon Textiles Export Promotion Council said that, synthetic yarn export has grown in 2017-18, by about five per cent. However, say observers, this is only
2018-04-17 15:42:00
Polyester market weakens in March, no support from upstream
Ethylene prices in Asian markets jumped in March supported by strong demand amid the heavy steam cracker turnarounds. In US, spot ethylene fell to a nine-year low on weak sentiment as production from
2017-11-17 15:00:00
IOCL with IDCO signed MoU to develop textile, plastic park in Odisha
At the Petrochemical Investors Conclave , the first-of-its-kind organised to create a new inspiration and a new eco-system for the growth of petrochemicals sector in Odisha, at the same time create
2017-11-08 10:00:00
Synthetic textile raw materials getting costlier with rising crude oil price
Synthetic textile manufactures are witnessing raw materials getting costilier by two to five percent over the past month due to a sharp increase in crude oil prices. IT is expected a further
2017-10-13 13:55:00
Rising crude sets polyester chain market on uptrend in September
Crude oil prices rose in September due to disruptions in US gulf coast aftermath Hurricane Harvey while geopolitical instability in Iraqi Kurdistan aided Brent to register its strongest third-quarter
2016-10-04 12:19:00
IOCL to invest Rs 9814 crores for expansion of two refineries
Indian Oil Corporation Ltd (IOCL) is planning to expand its two refineries at Barauni (UP) and Panipat (Haryana) respectively by spending Rs. 9814 crores. Meanwhile IOCL will spend Rs 8287 crores to
2015-07-10 12:00:00
Export potential for Indian synthetic yarn industry sees sharp decline again
Export potential for synthetic yarn in the Indian industry is seeing a sharp decline again with the dwindling Chinese economy. The recent market crash in China has a lot to do with bleak outlook of
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