Asian propylene prices slipped amid a buyer-seller standoff while in Europe, November business was seen done and players likely try to keep inventories under control during a seasonally slow in December, when most downstream consumers shut down plants during the year-end holidays. In US, spot refinery-grade propylene prices softened amid minimal buying interest throughout the week. Acrylonitrile prices stabilized in Asia after falling for five consecutive weeks. In China, price hike was hinder

Although viscose staple fiber prices moved up continuing its uptrend but were strong resisted by buyers and trading prices were mostly sustained at the previous week’s levels. In China, VSF majors Tangshan Sanyou and Fulida announced a price hike of US cents 3 a kg which was subsequently followed up by other makers. By week end, a Jiangsu-based mid-to-high end VSF producer offered goods at low price which adversely impacted the market confidence. Similarly, the Asian viscose filament yarn mark

Cotton prices remained uncertain in major producing markets. The US cotton futures shot up to three-week high on Thursday for their largest daily gain in four weeks on an unexpected flurry of buying for prompt delivery from textile mills. The most-active December cotton contract on ICE Futures US settled up US cents 2.33, or 3.25% with volumes significantly higher than average. The Cotlook A index also shot up US cents 2.05 while the China Cotton Index was up 34 yuan a ton. East and west Texas

Victoria Beckham, Mulberry, and Alexander McQueen were among the British brands honored at last night’s Walpole Awards in London. Beckham, who debut her line in New York in 2008, was awarded the Emerging British Luxury Label prize while Sarah Burton of Alexander McQueen took home the British Luxury Design Talent prize and Mulberry won the British Luxury Overseas category. Organized by British luxury organization Walpole, honor brands exemplifying excellence in design and craftsmanship both in

Hanesbrands Inc. is expanding a fabric-manufacturing plant in Woolwine, Va., just north of the North Carolina border, adding 50 jobs and retaining 215 employees. The company said today it would spend $1.6 million in capital investments, primarily adding high-speed equipment at the plant that spokesman Matt Hall described as currently “underutilized.” Bruce Duncan, Hanesbrands’ vice president of innerwear operations, said in a statement the company is adding “greater flexibility” to the Woolwin

Members of Fiji’s garment industry will use the Australia International Sourcing Fair to promote products manufactured in our factories. Several manufacturers – members of Fiji’s Textile, Clothing and Footwear will attend the Expo at the Sydney Exhibition Centre in Darling Harbour next week. Fiji’s TCF sector has been upgraded in recent years and many of the factories have undergone re-engineering and re-tooling, bringing major buyers into Fiji in big numbers. The TCF Council in partnershi

All Pakistan Textile Mills Association (APTMA) Punjab has threatened to hold strike in case the government failed to restore energy supply to textile industry within a week. At a press conference in follow up of an emergent general body meeting of the APTMA members at the APTMA Punjab office on Saturday, Chairman APTMA Punjab Shahzad Ali Khan said energy supply, including electricity and gas, had remained suspended for six hour and 12 hours respectively on Friday, leaving production capacities

Pakistan Cotton Ginners Association (PCGA) has issued fortnightly figures of domestic cotton production. Accordingly, all countrywide ginning factories have so far received seed-cotton (phutti) equivalent to 8,519,075 cotton bales up to 15th November, 2012, that’s 550,257 bales (7pc) in excess to previous year corresponding arrivals. However according to PCGA report seed cotton arrivals in ginning factories of Punjab are 5,723,266 bales up to 15th November which are less to the tune of 363,3

Pakistan High Commissioner in India Salman Bashir has said there is gradual and significant improvement in the economic and trade relations between Pakistan and India although Pakistan’s view and stance on certain political issues are quite clear. This, he stated while inaugurating Pakistani Pavilion at 32nd Indian Internal Trade Fair (IITF) 2012 being held from 14th to 27 November, 2012 at Paragati Maidan, New Delhi. He added that Pakistan’s participation in India International Trade Fair 2