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Insight16 Mar 2016Quotations for polyester dropped in China this week, as the price plunge in MEG hurt business sentiments on the market.
Insight16 Mar 2016The spot rate of the viscose staple fibre continued its upward trajectory this week, amid improved business tone in the traditional high trading season.
Fake knitwear products are flooding the Indian market from a Punjab manufacturing hub, according to a new report.
Global cotton values were mixed last week, amid expectations that China will soon announce its cotton auction plan. Polyester prices surged, boosted by strengthened feedstock markets. Viscose also advanced. Nylon and acrylic remained stable, but wool retreated. Cotton yarn prices fell due to fears of deflation in cotton spot rate, but synthetic yarn values soared. Fabrics sales improved in China before approaching the high trading season.