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Item
WidthCM
Specification/Weight(meter)
Wholesale Price: yuan/meter
Wool/polyester woolen cloth
150
600
26.50
T/C80/20 machine Dyed Plain fabric
150
45S×45S 110×76
6.40
Polyester golden-thread slubbed window screen
280
300
11.30
Nylon/polyester double wale dyed window screen
280
nylonpolyester30D×20D/35tatting
4.00
Full-size polyester clipping printed curtain fabric
280
600
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Photo document of textiles industries. (ANTARA/Rosa Panggabean)
The director of the Industry Ministry`s Textiles and Miscellaneous Industries, Ramon Bangun, said textiles and their product variants (TPT) will face two obstacles in 2013 that will hamper the development of the industry.
"One of the obstacles is an increase in electricity prices by 15 percent. Another obstacle is the Financial Regulation No. 253/2011, which looks into the repayment of import tariffs," said Ramon on Wednesday.
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The US Congress might discuss the provisions of the Save Our Industries Act (SAVE Act) this week, a Department of Trade and Industry official said Wednesday.
"Unfortunately, SAVE Act was not tackled in December because the US Congress was very much concerned with their fiscal cliff situation. So there was no trade bill discussed...[W]e are hoping that this week, proposals in the garments bill will be tackled along with other multi-lateral trade bill proposals," Trade Undersecretary Cristino Pan
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Ethylene markets in Asia were quite as most Western and European markets were on holidays. In US steam cracker margins climbed on higher spot prices and chemical plant outages. Paraxylene contract price for January was to be settled late week end, though players expect it to be at US$1,600 a ton or above. In Europe, activity in the paraxylene spot market remained subdued while spot price inched up over the week. In US, spot paraxylene was lower as feedstock mixed xylenes fell similarly. Mono eth
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Benzene prices in Asia hit all-time high on tight spot supply as market continued to be bullish. Thus, 2012 ended with benzene prices jumping 35-40% across markets. In Asia, they were up 38% clocking high and lows of US$1,000 a ton and US$1,480 a ton respectively. They first began to firm in mid-August when a spate of scheduled and unplanned shutdowns in China resulted in a large supply deficit. In Europe, benzene was dearer by 36% during the year while US market saw benzene price go up 39%.
C
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Propylene was the driving factor to the operating rates in the downstream facilities in Asian markets this week. Many market participants feel that propylene is going to be limited, and it will not be surprising that the new plants will not going to be able to run at 100%. In US, propylene spot prices jumped after news of plant outage and traded higher on Wednesday amid news of an unplanned outage at a plant in Texas.
Acrylonitrile markets rolled over as downstream lagged behind with growing s
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The downtrend in viscose staple fibre markets stopped but they failed to take a bigger surge although prices moved up a bit. Some producers saw good sales/production ratio and many received orders after raising offers successfully.
Downstream market still resisted new prices, so there was a broad flexibility in discussions. In contrast, viscose filament yarn markets headed down as downstream producers kept run rate normal and had no interest to buy due to lack of orders. Viscose producers focu
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The US cotton futures notched its biggest one-day fall in five weeks and hitting two-week lows as investors continued to take profits to multi-month highs earlier in the week. The most-active March cotton contract on ICE Futures US settled down US cents 1.52 per pound week on week.
The Cotlook A index also sobered US cents 0.10 during the week. The China Cotton Index was up 64 Yuan a ton. In India, cotton price changed a little on the either sides as mills and exporters demand remained normal
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Pure cotton yarn prices were generally steady, though prices for sporadic specs were reduced. Market sentiment continued to deteriorate amid firming cost as cotton yarn prices failed to follow up, resulting in poorer margins among mills. In China, Jiangsu and Zhejiang market saw some specs priced slightly higher despite persistent declines in overall trade volume. In Pakistan some spinning mills were selling at low prices in a bid to withdraw fund. Hike in polyester staple fibre pushed polyester