Page 26 - Acrylic News Today : Breaking News, Live Updates & Top Stories | Vimarsana

- MEG futures EG2105 contract broke 5,900yuan/mt and spot price stood around 6,400yuan/mt, leaving spot/futures spread at quite high level. With the rapid increase in MEG price, coal-based MEG cash flow also improved. After the China market returned from Chinese New Year holidays on February 18, coal chemical producers were active to run at high rate. Coal-based MEG cash flow improved despite rising coal prices. For a 200kt/year unit, the cash flow would reach around 1,700-1,750yuan/mt recently. (The cost here includes freight rate and discount, excludes depreciation and financial expenses.)...

After short cooling before Spring Festival, forward imported cotton yarn price surged quickly during and after Spring Festival with some varieties exceeding ...

- The biggest apparel importer USA has witnessed a dip in its apparel imports during 2020 – both value-wise and volume-wise, according to the latest data of OTEXA. US imported 2.31 billion SME of apparels in 2020 valuing the US $ 64.07 billion down by 16.37% and 23.46%, respectively. In consequence, all top apparel exporter countries saw a fall in their respective exports to the US due to the COVID-19 pandemic outbreak. As far as volume-wise import of US is concerned, China Indonesia and India’s apparel shipment fell in double digits, while Vietnam and Bangladesh declined in single ...

- While much of the global apparel industry' s attention is on sourcing leaders like China, Vietnam and Bangladesh, Turkey is showing that there is plenty of reason for brands to bet big on the country’s manufacturing operations this year. In 2020, Turkey' s apparel exports were no slouch, totaling $17.1 billion in value, according to the Istanbul Apparel Exporters' Association (IHKIB). IHKIB is the leading apparel industry association in Turkey, representing nearly 66 percent of the country' s apparel exports this past year, with its members accounting for $11.2 billion alone, according...

1. Indian and Pakistani yarn quotations fell, especially false high-priced Indian yarn which dropped dramatically Since early-Dec 2021, forward imported ...