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Textile Raw Material Price 2013-11-28
Item
Price
Unit
Fluctuation
Date
Oil WTI
93.68
USD/Barrel
-0.41
2013-11-28
PX
1417
USD/Ton
6
2013-11-28
PTA Buy
7230
RMB/Ton
-20
2013-11-28
PTA Sell
978
USD/Ton
-2
2013-11-28
MEG Buy
7450
RMB/Ton
50
2013-11-28
MEG Sell
1020
USD/Ton
0
2013-11-28
CPL Buy
17100
RMB/Ton
0
2013-11-28
CPL Sell
2300
USD/To
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Farmers likely to hold back produce.
Cotton prices are likely to come under pressure but they may not drop below the minimum support price fixed by the Government this year.
“Currently, Shankar-6 is quoting at Rs 39,000-40,000 for a candy of 356 kg. Prices may drop another Rs 1,000 but not more than that,” said Anand K. Poppat of Saurashtra Ginners Association.
The Shankar-6 variety is the one in demand for exports.
“Prices will come under pressure once arrivals pick up, given the
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Textile Raw Material Price 2013-11-27
Item
Price
Unit
Fluctuation
Date
Oil WTI
94.09
USD/Barrel
-0.73
2013-11-27
PX
1411
USD/Ton
4
2013-11-27
PTA Buy
7250
RMB/Ton
-30
2013-11-27
PTA Sell
980
USD/Ton
-5
2013-11-27
MEG Buy
7400
RMB/Ton
60
2013-11-27
MEG Sell
1020
USD/Ton
5
2013-11-27
CPL Buy
17100
RMB/Ton
0
2013-11-27
CPL Sell
2300
USD/To
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Top 10 Categories in Rising
Top 10 Categories in Falling
1.Fashion Fabrics
1.25%
1.T/C Fabrics
-0.96%
2.Viscose/Wool Fabrics
1.24%
2.Viscose Fabric
-0.43%
3.Thread & Rope
1.13%
3.Lining
-0.40%
4.Bedding
0.90%
4.Blended
-0.29%
5.T/N Fabrics
0.76%
5.Cotton/Linen
-0.27%
6.Curtains
0.74%
6.T/S Fabrics
-0.24%
7.Belts
0.71%
7.Nylon Fabrics
-0.23%
8.N/C Fabrics
0.60%
8.Cotton Fabrics
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Textile Raw Material Price 2013-11-26
Item
Price
Unit
Fluctuation
Date
Oil WTI
94.82
USD/Barrel
-0.62
2013-11-26
PX
1407
USD/Ton
0
2013-11-26
PTA Buy
7280
RMB/Ton
-30
2013-11-26
PTA Sell
985
USD/Ton
-7
2013-11-26
MEG Buy
7340
RMB/Ton
-20
2013-11-26
MEG Sell
1015
USD/Ton
0
2013-11-26
CPL Buy
17100
RMB/Ton
-100
2013-11-26
CPL Sell
2300
US
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Asian purified terephthalic acid prices fell in week ended 22 November, dragged down by a bearish polyester market amid high operating rates of PTA plants in China. Prices hit a 16-month low on rising supply and weak demand. European PTA producers expressed unhappiness over the initial contract price settlement for feedstock paraxylene. Meanwhile, November US terephthalic acid prices are expected to move down after contracts for feedstock paraxylene was settled lower in the week.
Asian PTA m
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Textile Raw Material Price 2013-11-25
Item
Price
Unit
Fluctuation
Date
Oil WTI
95.44
USD/Barrel
2.11
2013-11-25
PX
1407
USD/Ton
-3
2013-11-25
PTA Buy
7310
RMB/Ton
0
2013-11-25
PTA Sell
992
USD/Ton
0
2013-11-25
MEG Buy
7360
RMB/Ton
0
2013-11-25
MEG Sell
1015
USD/Ton
0
2013-11-25
CPL Buy
17200
RMB/Ton
-100
2013-11-25
CPL Sell
2310
USD/Ton
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Cotton prices dropped marginally as export demand slowed on the back of weak global sentiments. Moreover, domestic buying was limited as buyers are expecting prices to drop further in the coming days.
Gujarat Sankar-6 cotton decreased by Rs 100-200 to Rs 40,200-40,300 for a candy of 356 kg. Kapas or raw cotton dropped by Rs 5 to Rs 950-987 for a maund of 20 kg. Kapas for gin delivery was traded at Rs 980-990.
About 60,000 bales (170 kg each) of cotton arrived in Gujarat and 1.60 lakh bale
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ICE cotton slid to a fifth-straight weekly loss on Friday, its longest rout since June 2012, as investors continued to exit the cotton market in droves as waves of supplies come online and as worries build about waning demand.
The most-active March cotton contract on ICE Futures U.S. dropped 1.12 cent, or 1.4 percent, to settle at 77.23 cents a lb.
Total open interest sank to 154,203 lots on Thursday, ICE data showed.
That was lowest level since January 2012, in the wake of the MF Globa
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Textile Raw Material Price 2013-11-22
Item
Price
Unit
Fluctuation
Date
Oil WTI
93.33
USD/Barrel
-0.01
2013-11-22
PX
1410
USD/Ton
9
2013-11-22
PTA Buy
7310
RMB/Ton
-20
2013-11-22
PTA Sell
992
USD/Ton
0
2013-11-22
MEG Buy
7360
RMB/Ton
-10
2013-11-22
MEG Sell
1015
USD/Ton
-3
2013-11-22
CPL Buy
17300
RMB/Ton
0
2013-11-22
CPL Sell
2320
USD/T