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2016-01-28 17:30:00
Vinatex remains pessimistic about 2016
Vietnam will be able to attract other markets only when Vietnam can increase the production of input materials said Hoang Ve Dung, deputy general director of Vinatex. Although Foreign direct
2015-08-17 15:45:00
China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
2015-07-23 16:40:00
Nylon chain bungee jumps pushed by crude oil
The nylon chain was no exception to the falling crude oil prices. The fall in oil prices which began after they peaked in June 2014 continued for another year and is slated to march south for a few
2015-05-07 12:00:00
Manmade yarn and fabric industry likely to see growth rate of 5 to 7pc in this year
The manmade yarn and fabric industry likely to see growth rate from five to seven percent in 2015-16, with stability in crude oil prices. However, as Indian synthetic yarn and fabric performance has
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
2014-12-16 13:15:00
Will the crude oil price free fall stop, will chemical fibres react?
Crude oil prices have retreated US$50-53 per barrel or US$360-390 a ton since its peak of June 2014. More than that, the first two weeks of December has already seen them falling more than US$11 a
2014-09-24 10:30:00
Indian textile companies foresee better business environment in coming quarter
Textile firms are looking forward to a major improvement in businesses in October to December 2014 quarter as prospects are brighter than preceding months and also being a festive season. The
2014-07-08 17:51:00
Paraxylene tanks no major shakeup yet in downstream
Asian ethylene prices were up, although in varying degree on persistent tight supply amid several turnarounds. European ethylene spot prices gave back recent gains following a slump in naphtha
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
2014-04-17 15:00:00
Double pressure strikes on Surat weavers
Surat, the country’s biggest man-made fabric industry is going through acute labour shortage at its weaving units. At the time when several small weaving units were finding it difficult carry
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