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2017-07-05 09:49:23
MEG price tumbles on weak demand in Asia
Mono ethylene glycol prices declined sharply by 4% opening the third week of June on weak demand and Futures in China opening with a big drop following a limit down. However, prices recovered later
2017-06-22 11:06:13
Acrylonitrile price declines due to sluggish downstream demand
Asian acrylonitrile prices declined US$41 a ton CFR Far East Asia in the first week of June while CFR South East fell US$10 a ton on the week. In China, offers for offshore cargoes rolled over on the
2017-06-09 12:15:00
Cotton import contracts fall due to local trends and GST
Indian mills has began importing in January as local prices jumped due to limited supplies which is usually done in the second half of the crop year as domestic supplies dwindle. Cotton imports this
2017-06-08 10:00:00
Bangladesh RMG makers demand purging of source tax
Bangladesh Finance Minister AMA Muhith in the proposed budget for FY2018 has proposed to cut corporate tax to 15 percent from 20 percent for the RMG sector, but the minister did not mention the
2017-05-23 10:43:53
Nylon yarn price falls amid cautious buying sentiment
In China, FDY70D/24F SD prices fell US cents 3-7 a kg in the second week of May, while FDY40D fell US cents 3-15 a kg on the week. DTY 70D/24F prices also declined US cents 8 a kg and 30D/10F were
2017-05-17 10:50:19
MEG price jumps on incremental demand
Asian MEG prices inched up US$3 a ton CFR China and CFR South East Asia marker in the first week of May. Mono ethylene glycol prices inched up on incremental demand in China as polyester plants are
2017-05-15 12:55:03
Viscose yarn price falls in China, stable in India
In China, offers for ring?spun 30s weaving yarn in Xiaoshan edged down in the first week of May while compact siro?spun 40s yarn in Jiangsu fell US cents 7 a kg on the week. Viscose spun yarn
2017-05-12 13:00:00
Exxon Mobil acquires Singapore petrochemical plant to meet demand in Asia
Exxon Mobil Corp acquires refining and petrochemical plant owned by Jurong Aromatics (JAC) in Singapore to boost its aromatics production in Singapore to more than 3.5 million tonnes per year (tpy),
2017-05-03 06:47:57
Caprolactum price falls on weak upstream price
Asian caprolactum markers, the SE and FE softened US$50 a ton in the third week of April. In China, spot liquid caprolactum offers were down US$30 a ton at the upper end while solid goods were
2017-05-02 10:09:54
Viscose yarn price falls in Asia
In China, offers for ring?spun 30s weaving yarn in Xiaoshan fell US cent 1 a kg in the third week of April while compact siro?spun 40s yarn in Jiangsu declined down US cent 1 a kg on the week.
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