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Recent decreases of international quotes and an important event of the sector in Brazil in early September, which gathered most agents, led liquidity to be low in the domestic market. This scenario pressed down quotes in Brazil.
Moreover, the real valuation against dollar quotes also led some companies to be more flexible in regard of asking prices, affecting the decrease of the price average. Between August 30 and September 16, the CEPEA/ESALQ Index for cotton type 41-4 moved down 1.09% and
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Textile Raw Material Price 2013-09-24
Item
Price
Unit
Fluctuation
Date
Oil WTI
104.67
USD/Barrel
0
2013-09-24
PX
1486
USD/Ton
18
2013-09-24
PTA Buy
7700
RMB/Ton
10
2013-09-24
PTA Sell
1063
USD/Ton
3
2013-09-24
MEG Buy
7880
RMB/Ton
50
2013-09-24
MEG Sell
1073
USD/Ton
5
2013-09-24
CPL Buy
18500
RMB/Ton
0
2013-09-24
CPL Sell
2370
USD/Ton
-
Price likely to drop further as US-Russia pact reduces risk of Syria conflict
West Texas Intermediate crude dropped to a one-month low as Libya’s oil production rose and the threat of military strikes against Syria receded, damping concern that supplies from West Asia may be cut.
Futures capped the biggest weekly drop in three months. Libyan output yesterday was more than five times higher than earlier this month and Iraqi capacity is rising, government officials said
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Top 10 Categories in Rising
Top 10 Categories in Falling
1.Lining
0.67%
1.Viscose
-0.73%
2.Polyester Fabric
0.66%
2.Cotton Fabric
-0.70%
3.TC Fabric
0.50%
3.Belt
-0.59%
4.Blended
0.45%
4.Apparel Lining
-0.50%
5.Thread & Rope
0.43%
5.Cotton/Lining
-0.42%
6.Fashion Fabric
0.41%
6.Lace
-0.38%
7.Viscose/Wool Fabric
0.32%
7.Other Chemical Fiber
-0.29%
8.Nylon/Cotton Fabric
0.18%
8.Cur
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Textile Raw Material Price 2013-09-23
Item
Price
Unit
Fluctuation
Date
Oil WTI
104.67
USD/Barrel
-0.75
2013-09-23
PX
1468
USD/Ton
-14
2013-09-23
PTA Buy
7690
RMB/Ton
20
2013-09-23
PTA Sell
1060
USD/Ton
0
2013-09-23
MEG Buy
7830
RMB/Ton
0
2013-09-23
MEG Sell
1068
USD/Ton
0
2013-09-23
CPL Buy
18500
RMB/Ton
0
2013-09-23
CPL Sell
2370
USD/T
-
Textile Raw Material Price 2013-09-22
Item
Price
Unit
Fluctuation
Date
Oil WTI
105.42
USD/Barrel
-1.17
2013-09-22
PX
1482
USD/Ton
-11
2013-09-22
PTA Buy
7670
RMB/Ton
20
2013-09-22
PTA Sell
1060
USD/Ton
3
2013-09-22
MEG Buy
7830
RMB/Ton
100
2013-09-22
MEG Sell
1068
USD/Ton
8
2013-09-22
CPL Buy
18500
RMB/Ton
0
2013-09-22
CPL Sell
2370
USD
-
As cotton crop starts arriving in Punjab and Haryana, cotton growers can hope for remunerative prices this new season as crop prices are ruling 25 per cent up in the spot market.
Farmers are fetching anything between Rs 5,000 and Rs 5,400 per quintal for cotton as against Rs 4,000 and 4,200 per quintal rates prevailed in last season, traders said.
"The new cotton season has opened on a high note as there is 20 to 25 per cent appreciation in cotton prices of new arrivals in comparison to
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Textile Raw Material Price 2013-09-18
Item
Price
Unit
Fluctuation
Date
Oil WTI
106.59
USD/Barrel
-1.62
2013-09-18
PX
1493
USD/Ton
-8
2013-09-18
PTA Buy
7650
RMB/Ton
-40
2013-09-18
PTA Sell
1057
USD/Ton
-8
2013-09-18
MEG Buy
7730
RMB/Ton
-120
2013-09-18
MEG Sell
1060
USD/Ton
-10
2013-09-18
CPL Buy
18500
RMB/Ton
0
2013-09-18
CPL Sell
2370
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Textile Raw Material Price 2013-09-17
Item
Price
Unit
Fluctuation
Date
Oil WTI
108.21
USD/Barrel
-0.39
2013-09-17
PX
1501
USD/Ton
0
2013-09-17
PTA Buy
7690
RMB/Ton
-40
2013-09-17
PTA Sell
1065
USD/Ton
-3
2013-09-17
MEG Buy
7850
RMB/Ton
-70
2013-09-17
MEG Sell
1070
USD/Ton
-8
2013-09-17
CPL Buy
18500
RMB/Ton
0
2013-09-17
CPL Sell
2370
US
-
In July, the consumer price index (CPI) grew 2.7% year-on-year and the price of clothing surged 2.2%, in which, the price of apparel grew 2.3% and the price of footwear grew 1.5%.
The consumer price surged 2.6% in urban area and 2.9% in rural; food price grew 5.0% and non-food price rose 1.6%; price of consumer goods grew 2.7% and service price grew 2.7%. In January-July, the average CPI grew 2.4% compared with same period of last year.
Source: China Textile Leader.