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2015-11-23 12:00:00
Punjab spinning industry pushed in crisis due to difference in VAT rate
Spinning mill owners of Ludhiana demand level playing field with their counterparts in other states as the spinning industry of Punjab is dying and already in huge debts, units are closing down owing
2015-11-17 09:38:05
Caprolactum prices continue downward trend
Asian markers, the SE and FE were down US$20-50 a ton in the first week of November while trading values for East European goods also fell to US$1,300-1,350 a ton. European market settled October
2015-10-16 05:20:11
PTA price edges up in Asia while stable in Europe
Asian PTA markers inched up US$2 a ton CFR China in the last week of September. In China, potential negotiations were pegged at US$575-580 a ton. Yisheng Petrochemical cut its price for PTA by
2015-08-26 04:33:06
Caprolactum price declines sharply in Asian market
In the second week of August, caprolactum prices softened reflecting weaker benzene and growing market length. Demand was bearish and low-end liquid spot offers were corrected down while offers for
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
2015-06-30 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
2015-06-24 11:59:15
PTA prices moderate as plants issues in Asia fade away
Purified terephthalic acid prices moderated in Asian markets as the spate plants issues subsided slowly and attention was turned towards waning demand for PET and polyester. Market plants expect spot
2015-06-15 16:55:00
Sluggish trend continues in polyester as markets seek direction
Ethylene market was assessed flat as sluggish trading continued but prices were up in the week ended 12 June 2015 and the diverge trend continued between NE and SE Asia. European spot prices fell as
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
2015-04-18 00:00:00
Dull trading witnessed on cotton market
Dull trading was witnessed on the cotton market on Friday as ginners were reluctant to sell lint cotton at prevailing prices. According to brokers, dwindling cotton stocks, particularly of quality
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