“Absolutely positive” is the VEIT Group’s bottom line in the market leader’s final evaluation of the industry’s main trade fair Texprocess. The show took place in Frankfurt in June. The Group’s ...
Tags: VEIT Group, Positive Response
Textile and clothing exports from member countries of the Association of Southeast Asian Nations (Asean) declined sharply in 2012, according to Textiles Intelligence. The main causes were declines in exports to the USA and the EU, ...
The latest U.S. Department of Agriculture (USDA) projections indicate that world 2013/14 cotton consumption is forecast at 109.8 million bales, an increase of 2 percent (2.4 million bales) from a year ago. India and Pakistan are expected to ...
Tags: Cotton Consumption, Textile
From July 19, 2013, Myanmar, previously Burma, would benefit once again from a special, advantageous trade arrangement with the EU, according to a statement from the European Commission in Brussels. Myanmar would be brought back under ...
Tags: European market, Apparel
The national pavilions of Germany and Belgium would be participating for the first time in the 8th Central Asian International Textile Machinery Exhibition (CAITME) 2013. CAITME 2013 and the 10th anniversary Central Asian ...
Tags: Textile, Textile Machinery
The Spanish men's ready-to-wear and made-to-measure tailoring brand sets up its first shop-in-shops in Palacio del Hierro. Scalpers has crossed the Atlantic courtesy of an exceptional partner: exclusive Mexican department store Palacio ...
Tags: Apparel, Accessories
The European Union is again the number one purchaser of Italian glass processing machines, accessories and special products after forfeiting the position to the Asian market in 2011 due to a drop in demand during the 2010-2011 time period, ...
Tags: Glass, Construction, Decoration
The Australian dollar has fallen after China's finance minister Lou Jiwei said the world's second biggest economy would be unlikely to receive a massive stimulus this year. At 1700 AEST on Thursday, the local unit was buying 91.52 US ...
Tags: Australian dollar, Lou Jiwei
Once again merchants reported on a relatively quiet week which was mainly shaped by selective enquiries. Nevertheless some cotton contracts were additionally closed with Euro purchasers due to the exchange rate which had developed ...
Tags: Cotton Market, Textile
July contract prices for US polyethylene terephthalate are likely to fall, a producer sources said Wednesday, predicting that lower feedstock prices could lead to a 1 cent/lb drop from June levels. US PET June contracts were assessed at ...
Tags: Feedstocks, Pet Contract Prices
Double A enters the dissolving pulp market in response to significant growth in the market and the global demand in many enterprises. Double A has invested USD 6.1 million to upgrade its pulp production line in Thailand to supply the ...
Tags: Textile, textile industry
MEGlobal on Monday nominated its August Asia contract price for monoethylene glycol at $1,140/mt CFR, up $40 from its price for July, a company source said in an email. "The August 2013 ACP reflects the short term supply/demand situation ...
Tags: Monoethylene Glycol, Chemicals
South Korea's benzene exports to China tanked by 30,193 mt, or 82.8% month on month, to a 14-month low of 6,291 mt in June, crashing below the 10,000-mt support level, data released Monday by the Korea Customs Service showed. The sharp ...
The Asian naphtha industry gathered Thursday for the start of the 22nd CFR Far East Open Specification Naphtha Meeting to debate among other things a recommendation that seeks to widen the scope of naphtha cargo origins for inclusion in an ...
Tags: Chemicals, Metallurgy, Mineral, Energy
US refiner Valero Energy will build one of the world's largest methanol plants at its St. Charles, Louisiana, refinery, the company said Thursday. The $600 million-$700 million project will add a 1.6 million tons/year methanol plant at ...
Tags: Chemicals, Metallurgy, Mineral, Energy