- Crude oil prices hit a 26-month high at over US$ 92 a barrel this week-end, closing 2010 up 15% on expectations that the economic recovery will drive demand growth next year and push prices into triple digits.
- Crude oil prices climbed dramatically in the second week of October amid speculation that the Federal Reserve will step in to stimulate the economy after a government report showed job losses were more than anticipated in September.
- Crude oil prices rose sharply this week, particularly on Friday, posting the best percentage weekly gain in nearly 7-1/2 months as the US$ slumped and China posted strong economic data fuelling hopes for greater oil demand.
- Oil prices surged around 3 per cent higher on Friday, 10th September, back to over the US$ 76 mark as an oil leak prompted a major US oil pipeline to shut down, while the markets covered positions in WTI oil.
The per capita nonwoven fabric consumption in India, which was 155 gm sometime ago, is expected to touch to 350 gm by 2015 and 600 gm by 2020, whereas the per capita consumption of nonwovens in developed markets such as US and Western Europe is around 3 - 3.5 kg. The global market for nonwovens is around...
Eco textile processing & its role in sustainable development
Years of human ignorance has diminished our natural resources and aged our planet. Now, people are making an effort to change the way they are treating the planet. Being more environmentally conscious about the impact materials used for fashion...
Techno-economics of woven silk union fabrics
From the field survey and interactions held with the exporters, it is observed that new product development is the prime area that should be concentrated for future expansion of the silk industry (Naik 2010). Consumer markets are changing fast, with rapid growth in...