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2014-07-14 17:17:00
Benzene firms up again lifting the value chain
Asian benzene prices were on a bull-run since mid-May, gaining a total US$173.50 a ton until June-end, partly fuelled by supplies shortages in South Korea and Japan, as well as the strong crude
2014-07-13 13:00:00
Hike in job charges to make Surti saris costlier
Surat, country's biggest man-made fabric (MMF) where finished fabric including saris and dress material manufactured are set to become with the hike in job charges by textile processors. According to
2014-07-11 15:25:00
Acrylonitrile markets derived strength from upstream
Asian propylene prices were firmer in Northeast Asia due to tight supply and demand picking up in downstream sector particularly in the polypropylene market in the week of 4 July. The Asian marker,
2014-07-11 11:50:00
Continued downward trend seen in cotton price in Pakistan market
Pakistan cotton market has been witnessing a continued downward trend in cotton prices throughout this week. Lint prices have been declining regularly and the cotton market is quite bearish. The
2014-07-01 17:32:00
Px-naphtha spread at 2014 peak in Asia, European makers better off
Asian contract price for paraxylene (Px) once again failed to reach a settlement for June, for the eighth time in the last 10 months. Meanwhile, spot prices have jumped US$145 during June, the second
2014-06-24 11:32:00
PTA producers managed to lift price, but spot relents
Asian PTA prices gave back some of its recent gains despite continuous soaring feedstock paraxylene prices since early May (0.66 unit paraxylene required to produce 1 unit of PTA). The tighter
2014-05-26 12:19:00
Bullish feedstock sparks polyester chain, PTA-MEG rises further
Asian ethylene markets were on the bullish note in the week ended 23 May as spot supplies tightened amid a lack of regional supply, supporting prices to rise. The markers rose US$12 a ton CFR
2014-05-08 17:56:00
Paraxylene Naphtha spread back to mid 2010 levels
There has been no contract price settlement for paraxylene in Asian market since February this year and the spot is used to peg derivative PTA values. Japan's JX Nippon Oil and Energy although
2014-03-27 11:19:00
Yarn producers in Pakistan urge government to help avert crisis
Yarn spinners in Punjab region are headed for another crisis which can force them to stop production or to close down factories to avoid losses. A mix of domestic and regional factors has been
2014-03-25 15:50:00
Policy change China to cut sale price for cotton from its strategic reserve
From 1 April, the Chinese government will accept bids as low as 17,250 Yuan a ton for standard-quality cotton in its daily auction. This will be 4.2 percent below the current floor price of 18,000
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