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2018-09-26 11:32:00
Polyester chain prices nosedive before peak season amid soft demand
Polyester markets saw price drops in the week ended 21 September 2018 on the back of lackluster trading sentiment before the peak season. October is the usual peak sales season for PFY, which is the
2018-08-28 09:35:48
Polyester fibre and yarn prices soar on cost support and low inventory
In China, offers for 1.4D direct-melt-spun PSF in Jiangsu and Zhejiang rose US cents 6 a kg in the week ended 24 August 2018. The same in Fujian and Shandong jumped US cents 8 a kg. PSF producers in
2018-08-24 13:43:00
Textile exporters show displeasure with a rise in polyester prices
The yarn producers have urged the government to reduce import duties on the import of PSF from existing 7 percent to 2 percent as polyester prices have almost doubled in the last year. The meeting
2018-07-27 11:57:00
Domestic polyester fibre and yarn manufacturers give a sigh of relief due to the government's decision to raise customs duty on their import to encourage Indian producers
Filatex plans to increase its production capacity by nearly 90,000 tonnes to 237,000 tonnes for FY 2018-19. A similar capacity expansion was planned by other polyester manufacturers as well.
2018-07-13 10:19:00
SIMA gives importance to price stabilisation fund
The price volatility often eroded the working capital and profit margins of the industry, restricting the industry growth rate between 6 and 8 per cent againsr the potential growth rate of 12 to 16
2018-07-10 18:15:00
Polyester markets faced downward pressure in June
Ethylene prices in Asian markets inched up in June on expectations of increase in Chinese demand in the coming period. In Europe, spot ethylene prices rose sharply this month on cracker issues as
2018-06-19 15:45:00
VSF's global demand has been growing at a CAGR of 6% compared with cotton's 1% and polyester staple fibre's 2%, making Grasim invest in the VSF business
The company plans to spend ₹4,257 crore of the ₹13,327 crore of capital expenditure towards brownfield expansion and debottlenecking of VSF plants. Mr. Agarwal said that,
2018-05-22 12:32:00
Rs 1,000 crore polyester staple fibre unit in Odisha by IOC and MCPI together
The unit is scheduled to come up on 200 acres at Dhamnagar in the state’s Bhadrak district and it will source raw material from Haldia in West Bengal and have a 108 kta (kilo tonnes per annum)
2018-04-17 15:42:00
Polyester market weakens in March, no support from upstream
Ethylene prices in Asian markets jumped in March supported by strong demand amid the heavy steam cracker turnarounds. In US, spot ethylene fell to a nine-year low on weak sentiment as production from
2018-02-02 05:49:22
Polyester yarn prices continue to rise in China, stable in India
In China, offers for 32s polyester yarn in Shengze were up US cents 5 a kg in the third week of January. Spun polyester yarn offers in China continued the uptrend that week in tandem with firming up
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