Home / Knowledge / News / Textiles / PX market offers for September shipment fall further
PX market offers for September shipment fall further
05
Aug '11
Bearish trend persisted in the Asian PX market and prices declined by US$ 20/ton to close at US$ 1,586/ton FOB Korea and US$ 1,606/ton CFR Taiwan/China on August 4.

Offers for September shipment fell from US$ 1,630/ton CFR to US$ 1,620/ton CFR, while counter offers remained firm at US$ 1590/ton CFR.

PX market offers for September shipment even fell further to US$ 1610/ton CFR, and a bid was made by a buyer at US$ 1,600/ton CFR, but it did not result in any transaction till closing time.

According to PX market analysts, the price is now being more affected by macroeconomic trend, which includes factors like speculation over stock markets and lower crude oil market.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: India ITME

Textiles | On 8th Dec 2016

Industry needs to create 1cr jobs in 3yrs: Kavita Gupta

Sharing several initiatives laid out by the government in R&D,...

Textiles | On 8th Dec 2016

Package will boost made-ups sector: SIMA

The reforms package approved by the Union Cabinet to boost employment ...

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search