The downward trend in cotton prices due to global factors continued to adversely influence the local market, with buyers not ready to pay high price and the sellers compelled to sell their product at falling prices.The world cotton markets including New York cotton suddenly came under pressure after the release of Indian cotton production estimates which put current season cotton harvest at around 38.1 million bales.Floor brokers said that this would mean that after meeting domestic demand of ar

Textile Raw Material Price 2013-10-28 Item Price Unit Fluctuation Date Oil WTI 97.11 USD/Barrel -0.69 2013-10-28 PX 1409 USD/Ton 3 2013-10-28 PTA Buy 7410 RMB/Ton 0 2013-10-28 PTA Sell 1000 USD/Ton 0 2013-10-28 MEG Buy 7620 RMB/Ton -60 2013-10-28 MEG Sell 1035 USD/Ton -5 2013-10-28 CPL Buy 18100 RMB/Ton -150 2013-10-28 CPL Sell 2360 USD

However, the Federation's cotton crop estimate for 2013-14 at 384 lakh bales, about 44 lakh bales above the forecast of the Cotton Advisory Board Indian Cotton Federation on Wednesday said prices of cotton are expected to remain under pressure for the next two to three months.However, the Federation's cotton crop estimate for 2013-14 at 384 lakh bales, about 44 lakh bales above the forecast of the Cotton Advisory Board. .Though the season started from October 2013, the crop is expected to be del

Trade turnover of cotton remained healthy with its prices staying stable around Rs7,000 per maund (37.324 kilograms) in Pakistan, a dealer said on Wednesday. Traders exchanged a total of 22,000 bales (155 kilograms each) at Rs6,900 to Rs7,100 per maund as compared to 29,600 bales traded at similar prices of Rs6,900 to Rs7,100 per maund a day ago, the Karachi Cotton Association reported. The day’s turnover is lower than the previous day. However, it (22,000 bales) is relatively considered healthy

Oil prices fell Wednesday as U.S. crude inventories rose more than expected signaling weak demand from the biggest oil-consuming country. Light, sweet crude for December delivery decreased 1.44 U.S. dollars to settle at 96.86 dollars a barrel on the New York Mercantile Exchange, the lowest in almost four months. European oil benchmark Brent crude for December delivery lost 2. 17 dollars to close at 107.8 dollars a barrel.The Energy Information Administration (EIA) said Wednesday that crude suppl

New Zealand Wool Services International Limited’s General Manager, Mr John Dawson reports that the underlying demand and a supply shortfall helped to increase wool prices at today’s South Island offering of 7,500 bales. This was on an 88 percent clearance. The weighted indicator for the main trading currencies easing today by 1 percent compared to the last sale on the 17th October.When compared to the South Island sale on 10th October Merino Fleece 17.5, 20 and 20.5 micron were 1 to 1.5 perce

Textile Raw Material Price 2013-10-23 Item Price Unit Fluctuation Date Oil WTI 99.22 USD/Barrel -1.59 2013-10-23 PX 1402 USD/Ton -15 2013-10-23 PTA Buy 7450 RMB/Ton -20 2013-10-23 PTA Sell 1000 USD/Ton 0 2013-10-23 MEG Buy 7780 RMB/Ton -70 2013-10-23 MEG Sell 1052 USD/Ton -13 2013-10-23 CPL Buy 18250 RMB/Ton -50 2013-10-23 CPL Sell 2390

A recently released ‘Polyester Chain Report: 2013” predict surplus supply of polyester filaments as well as staple fibre in 2018. The US$75 billion polyester industry continued to re-main as an undisputed leader in the textile Industry. Year 2012 saw its market share in-crease to over 80 per cent given the continuing growth in population and consistent improvement in standards of living, particularly in emerging economies and the fast growing mass markets. Demand for textile products has been gr

Top 10 Categories in Rising Top 10 Categories in Falling 1.Viscose/Wool Fabric 0.99% 1.Viscose Fabric -0.82% 2.Cotton Fabric 0.79% 2.Other Chemical Fiber -0.75% 3.Nylon Fabric 0.40% 3.Linen/Viscose Fabric -0.67% 4.Spandex Fabric 0.39% 4.Natural Fiber Grey Cloth -0.66% 5.Blended Fiber Grey Cloth 0.36% 5.Fashion Fabric -0.64% 6.Household Textiles 0.33% 6.Bedding -0.45% 7.Nylon/Cotton Fabric 0.28% 7.

Textile Raw Material Price 2013-10-22 Item Price Unit Fluctuation Date Oil WTI 100.81 USD/Barrel -1.48 2013-10-22 PX 1417 USD/Ton -50 2013-10-22 PTA Buy 7470 RMB/Ton -60 2013-10-22 PTA Sell 1000 USD/Ton -28 2013-10-22 MEG Buy 7850 RMB/Ton -160 2013-10-22 MEG Sell 1065 USD/Ton -30 2013-10-22 CPL Buy 18300 RMB/Ton -100 2013-10-22 CPL Sell 239