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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
2015-05-15 10:00:00
Pakistan textile industry growth hampered by the 6% import duty on PSF
Pakistan’s textile industry which is the largest manufacturing industry in the country and contributes about 8 % to its GDP is becoming “unviable†in terms of export of yarn and
2015-05-14 17:50:00
Nylon chain will roll over the strong sentiment in May
Benzene prices jumped sharply across regions for the third consecutive month of April, with highest rise seen in Europe. Asian benzene prices rose on strength of downstream styrene and toluene
2015-05-13 17:35:00
Polyester pricing up in April on production disruptions and surging crude
Production disruptions caused by fire at major PTA and MEG plants in China pushed up Asian raw material prices in April, triggering an immediate response in polyester chain. The surge was largely for
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
2015-04-10 11:30:00
Polyester pricing may see hikes in April and May, but fall later
Everything in synthetic fibre markets, especially polyester, has been revolving around crude oil price, and hence the US$. The first signs of policy change in US, expectation of a hike in interest
2015-04-09 15:30:00
Bangladesh pays more for cotton yarn imported from India than China
This is further to the story Spun yarn exports volume from India up in February, prices down published on 7 April. Although China was the largest importer of Indian spun yarns, especially cotton
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
2014-12-11 17:57:00
Unstoppable drop in polyester chain pricing led by crude oil
The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a
2014-11-10 17:06:00
Nylon yarn makers enjoying increased margins despite soft pricing
Increasing supplies of crude oil from North American shale formations continued to weigh heavily on prices this year, creating a glut in world markets and decreasing demand for oil from the
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