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2015-08-21 12:53:34
Fall in crude oil price impacts MEG price to go down simultaneously
Mono ethylene glycol prices in Asian markets declined in the first week of August as traders turned increasingly bearish amid falling crude oil, which depressed prices of polyester feedstock. Markets
2015-05-25 11:43:08
Viscose markets facing strong downward pressure as supply expands
Asian viscose fibre markets witnessed strong downward pressure from both expanding supplies and season lull in downstream textile industry. Thus prices softened partially. In China, bearish stance
2015-04-29 12:00:00
CCI put off its plans to float global tender for cotton sale
The Cotton Corporation of India (CCI) has taken decision to release more cotton into the domestic market since domestic market is picking up and not to go ahead with its plans to float global tender
2015-04-28 17:30:00
Polyester chain witnessed another bout of cost-push price advances
The polyester chain witnessed another bout of price advances in the week ended 24 April, with polyester staple fibre and filament yarn prices zooming past or almost at par with its previous high seen
2015-03-10 18:03:00
Chemical fibres feedstock become costlier on demand supply imbalance
Crude oil prices have been firming up in recent weeks but the general view is that they will remain relatively low for some time yet. While supply will remain, the demand side may see nothing change
2015-02-25 14:30:00
Cotton spot rate unchanged amid active trading
Normal trading was seen happening on Tuesday at the Karachi Cotton Exchange, the spot rate also remained unchanged. The spot rate stood unchanged at Rs4,950 per maund (37.324kg) and Rs5,305 per
2014-10-17 17:00:00
Pakistan Textile policy fails to get approval despite negative growth in textile exports
The new textile policy of Pakistan which carries measures to increase country’s textile exports to $26 billion by the year 2019 is yet to get approval. It’s being delayed despite the
2014-05-01 09:00:00
APTMA claims Punjab textile industry in strain
With the claim of APTMA (All Pakistan Textile Mills Association) of the closure of 25 spinning and weaving factories as well as production of firms demoted by nearly 33%, it is sure for the Punjab
2014-04-21 07:30:00
Pakistan holding half a million of unsold cotton stock from current season
Pakistan ginners are encumbered with nearly half a million unsold bales from the current season. They were anticipating better prices to meet the demand of European Market after have got the status
2014-03-16 10:00:00
Natural fiber cotton, fades over synthetics in US apparel industry
Love of natural fibers, cotton fade away as lower priced synthetics attract the designers and consumers in US apparel industry. Cotton is no longer king of the apparel as the American wardrobes has
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