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| | | Pakistan - Transport problem slows down activity on cotton market | | 04 Dec, 2008 - Pakistan [FREE] |
Business activity slowed down on the cotton market amid arrival report of Pakistan Cotton Ginners Association (PCGA), dealers said. The official spot rate was at its last level at Rs 3000, they said. The phutti prices in both the Punjab and Sindh wer.... |
| | | Australia - WOOL prices rose last week, but only in US dollars. | | 04 Dec, 2008 - Australia [FREE] |
After two weeks of rising prices, the Eastern Market Indicator fell 9 cents, to 779c/kg clean.
But in US dollars the EMI rose 5 cents, to US506c/kg clean.
Prices fell on the first two sales days, Tuesday and Wednesday, but.... |
| | | Pakistan - TCP denies cotton procurement suspension | | 04 Dec, 2008 - Pakistan [FREE] |
Trading Corporation of Pakistan (TCP) has so far contracted for the purchase of 73,000 bales of lint cotton at its procurement centre across Pakistan.
A TCP official said here Wednesday that 8000 more bales were procured on Wednesday..... |
| | | Pakistan - 8.33m cotton bales reach ginneries | | 04 Dec, 2008 - Pakistan [FREE] |
Some 8.33 million (8,336,235) bales of cotton have reached ginneries across Pakistan, showing a 14.57 percent increase than the corresponding period of the previous year.
A fortnightly report of Pakistan Cotton Ginners Association (PCGA.... |
| | | Global mill use of cotton set to slide | | 04 Dec, 2008 - Global [FREE] |
For the first time in recent years, global mill use of cotton is set to show a sharp decline in 2008-09. This is the result of a combination of factors including slowing global economic growth, financial market uncertainties and anticipated lower dem.... |
| | | Indian textile sector dons green colour | | 04 Dec, 2008 - India [FREE] |
Indian textile industry now donning a green colour, join hands with a global industry group, led by retail major Marks and Spencer and the University of Leeds called Reducing the Impact of Textiles on Environment (RITE)—which aims at reducing the neg.... |
| | | UAE - Petrochemical production to rise | | 03 Dec, 2008 - United Arab Emirates [FREE] |
The Middle East region will increase its share of global petrochemical products to 15 per cent by 2015 from the current nine per cent.
The size of the regional industry is approximately 94 million tonnes per annum while 20 per cent of t.... |
| | | Malaysia - Petronas shuts petrochemical plants | | 03 Dec, 2008 - Malaysia [FREE] |
Petroliam Nasional Bhd (Petronas) has shut down indefinitely several petrochemical plants in Kertih, Terengganu and Gebeng, Pahang as demand for polymers fell sharply due to a slump in overseas factory orders.
Chairman and chief executi.... |
| | | Japan - Nippon Oil, Nippon Mining mulling merger | | 03 Dec, 2008 - Japan [FREE] |
Japan's top refiner Nippon Oil Corp and sixth-ranked Nippon Mining Holdings Inc are considering merging as crude oil prices and demand tumble, a Nippon Mining spokesman said on Thursday.
The boards of directors at each firm would meet t.... |
| | | USA - Huntsman cutting 470 jobs in textile dye unit | | 03 Dec, 2008 - USA [FREE] |
Huntsman Corp., the chemical maker fighting to complete its buyout by a unit of Apollo Management LP, will cut 470 jobs in a new effort to trim costs in the unit that makes textile dyes and chemicals.
The cuts represent about 12 percent.... |
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