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New York cotton futures moved sideways last week, as December dropped 52 points to close at 63.04 cents/lb, while March gained 17 points to close at 61.88 cents/lb.
“The main feature this week was the drop in volatility, as the market is discounting a scenario in which prices are not expected to change significantly over the coming months”, the latest cotton market report from Plexus informs.
Both December and March volatility dropped around 2%, for at-the-money options this week, with out
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The decision of purified terephthalic acid (PTA) producers like Reliance Industries Ltd (RIL) and Mitsubishi Chemical to increase prices by a steep Rs 2,100 a tonne from August 1 - just a week after the new government imposed anti-dumping duty on the product despite stiff opposition from the user lobby have added yet another chapter to their long-drawn battle.
PTA Users Association said that the anti-dumping duty meant a Rs 724 crore bonanza for the domestic manufacturers while putting a big
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Textile Raw Material Price 2014-10-27
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
81.01
USD/Barrel
-1.32%
2014-10-27
Crude Oil Brent
1074
USD/Barrel
0.66%
2014-10-27
PX
86.13
USD/Ton
-0.81%
2014-10-27
PTA Buy
5660
RMB/Ton
0%
2014-10-27
PTA Sell
785
USD/Ton
0.64%
2014-10-27
MEG Buy
6150
RMB/Ton
-0.65%
2014-10-27
MEG Sell
850
USD/Ton
0%
2014-10-27
CPL Buy
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Textile Raw Material Price 2014-10-26
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
82.09
USD/Barrel
1.95%
2014-10-26
Crude Oil Brent
1067
USD/Barrel
-1.02%
2014-10-26
PX
86.83
USD/Ton
2.5%
2014-10-26
PTA Buy
5660
RMB/Ton
0%
2014-10-26
PTA Sell
780
USD/Ton
1.3%
2014-10-26
MEG Buy
6190
RMB/Ton
0.49%
2014-10-26
MEG Sell
850
USD/Ton
2.41%
2014-10-26
CPL Buy
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Textile Raw Material Price 2014-10-23
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
80.52
USD/Barrel
-2.77%
2014-10-23
Crude Oil Brent
1078
USD/Barrel
0%
2014-10-23
PX
84.71
USD/Ton
-1.75%
2014-10-23
PTA Buy
5660
RMB/Ton
0%
2014-10-23
PTA Sell
770
USD/Ton
1.32%
2014-10-23
MEG Buy
6160
RMB/Ton
0.16%
2014-10-23
MEG Sell
830
USD/Ton
0%
2014-10-23
CPL Buy
1
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Top 10 Categories in Rising
Top 10 Categories in Rising
1.Nylon Fabric
2.03%
1.Lining
-1.33%
2.Belt
1.25%
2.Household Textiles
-0.93%
3.Natural Fiber Grey Cloth
1.18%
3.Thread & Rope
-0.64%
4.Bedding
0.80%
4.TS Fabric
-0.47%
5.NC Fabric
0.60%
5类Blended
-0.41%
6.TN Fabric
0.57%
6.Polyester
-0.28%
7.Lace
0.50%
7.Cotton Linen
-0.21%
8.Chemical Fiver Grey Cloth
0.25%
8.Apparel
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No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Lustrous Jacquard Printed Curtain Fabric
280
580g/m
14.80yuan/m
②
Cotton Pad-dyed Plain
150
21s×21s、108×58
13.20yuan/m
③
Cotton Pad-dyed Drill
148
20S×16S、128×60
14.50yuan/m
④
Polyester Printed Curtain Fabric
280
520g/m
12.80yuan/m
⑤
Polyester Knitted Rotary-screen Printed Double-sided Plush
150
150D
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Active buying by mills and exporters was witnessed on the Pakistan cotton market as prices moved warily on Tuesday. The official spot rate remained unchanged at Rs 5,200, dealers said. In the ready session, around, 20,000 bales of cotton changed hands between Rs 5200 and Rs 5300. In Sindh, rates were lower by Rs 100 to Rs 2000 and Rs 2025, while in Punjab prices were at Rs 2300 and Rs 2600.
According to cotton analyst, Naeem Usman, exporters and mills continued forward buying to meet their u
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Textile Raw Material Price 2014-10-22
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
82.81
USD/Barrel
0.12%
2014-10-22
Crude Oil Brent
86.22
USD/Barrel
0.96%
2014-10-22
PX
1078
USD/Ton
1.41%
2014-10-22
PTA Buy
5660
RMB/Ton
0.18%
2014-10-22
PTA Sell
760
USD/Ton
0%
2014-10-22
MEG Buy
6150
RMB/Ton
0%
2014-10-22
MEG Sell
830
USD/Ton
0.61%
2014-10-22
CPL Buy
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Textile Raw Material Price 2014-10-16
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
81.78
USD/Barrel
-0.07%
2014-10-16
Crude Oil Brent
83.78
USD/Barrel
-1.48%
2014-10-16
PX
1067
USD/Ton
-1.48%
2014-10-16
PTA Buy
5750
RMB/Ton
-0.35%
2014-10-16
PTA Sell
755
USD/Ton
-0.66%
2014-10-16
MEG Buy
5880
RMB/Ton
-0.34%
2014-10-16
MEG Sell
800
USD/Ton
0%
2014-10-16
CP