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2014-08-14 17:09:00
Cotton futures fuelled by frenzy mill buying and short-covering
A combination of short-covering and frenzy mill buying fuelled cotton futures to a highest daily gain since March as the benchmark December cotton contract on ICE Futures US closed up US cents 1.35
2014-08-14 16:42:00
Feedstock still supporting polyester chain, but for how long?
Feedstock paraxylene markets will continue to support downstream polyester segment for some time since more and more PTA capacity will come on stream while paraxylene supplies will remain short until
2014-07-30 11:12:55
Manmade fibres on way to dethrone king cotton
Start of Cotton Era The history of cotton can be traced as far back as 4500 Before Common Era (BCE). It was first introduced to Europe but became mainstream and part of everyday life only after
2014-07-19 12:00:00
MMF traders and processors dissent to hike in job charge
MMF traders and processors highly disturbed with the hike in job charges recently announced by South Gujarat Textile Traders Association (SGTPA). They have strongly opposed to accept any further
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
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