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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
2014-12-15 10:00:00
Russian nonwovens and technical textiles faces biggest decline in demand
The Russian nonwovens and technical textiles industries volume of production during the period January-October has declined by about 15 percent compared to the same period last year, due to the
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
2014-11-21 15:00:00
Global clothing brands invited to localize their production in Russia
The textile industry in Russia has an ethical tradition and commands respect in the global market . Though the Russian textile industry faced challenges in the nineties, it is now emerging as a
2014-11-02 16:15:00
Rieter to strengthen its innovative capabilities and expand product range
Rieter is a producer of textile machinery and leading supplier of systems for short-staple fibre spinning, is setting new priorities in the implementation of its strategy. The company will also take
2014-10-07 17:00:00
Sino Zim plans to take on cotton farming
Sino Zimbabwe Cotton are currently in negotiations with a local company with an intention to purchase of at least 35 000 hectares of land because they are intending to venture into cotton farming.
2014-09-30 15:59:00
Will falling crude oil initiate cost easing for polyester makers?
Crude oil prices have lost US$14.23 since their recent peak of US$106.62 per barrel as of 20 June 2014. And this had a decelerating impact on naphtha and its derivatives. Naphtha prices have crashed
2014-09-08 12:46:00
Falling crude triggers cost reduction in raw materials for making polyester
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a
2014-08-25 16:54:00
Cheaper benzene across markets spells cost deceleration
US spot benzene prices dropped on weaker downstream demand pulling down prices in Asia, Europe and Latin American markets. US spot benzene prices dropped in the week ended 22 August falling below US
2014-08-21 16:00:00
Vietnam garment and textile sector to benefit from direct raw cotton trade with Africa
The rapidly growing textile and garment sector of Vietnam is excessively dependent on imported raw material for which it pays exceedingly high prices, as most of the raw materials for the sector
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