The International Cotton Advisory Committee (ICAC) has said that China’s reserves and import policies weigh heavily on international prices. So far in 2013-14, China has bought more than 2.7 million tons and its total cotton reserves have passed 10.1 million tons, a statement said. In April, the secretariat’s projected price for the current season was 118 cents per pound. Since then, ICAC’s projected price has plummeted, and the current midpoint of the forecast range is 88, it said. It als

Top 10 Categories in Rising Top 10 Categories in Falling 1. Thread & Rope 0.97% 1.Nylon Fabric -1.76% 2.Lace 0.66% 2.Curtain -0.66% 3.Belt 0.57% 3.RW Fabric -0.54% 4.Lining 0.49% 4.TW Fabric -0.42% 5.TC Fabric 0.42% 5.TN Fabric -0.40% 6.Window Screen 0.34% 6.Fashion Fabric -0.37% 7.Polyester Fabric 0.29% 7.Bedding -0.34% 8.Blended 0.23% 8.TS Fabric -0.33% 9.Household Text

Textile Raw Material Price 2013-12-03 Item Price Unit Fluctuation Date Oil WTI 92.72 USD/Barrel 0.42 2013-12-03 PX 1422 USD/Ton 5 2013-12-03 PTA Buy 7320 RMB/Ton 40 2013-12-03 PTA Sell 985 USD/Ton 5 2013-12-03 MEG Buy 7540 RMB/Ton 100 2013-12-03 MEG Sell 1040 USD/Ton 15 2013-12-03 CPL Buy 17100 RMB/Ton 0 2013-12-03 CPL Sell 2300 USD/Ton

Cotton futures fell on Monday, pressured by a stronger U.S. dollar and demand concerns after top consumer China began selling last week from its behemoth state reserves. The benchmark March cotton contract on ICE Futures U.S. closed down 0.73 cent, or 0.9 percent, at 78.62 cents a lb. The Thomson Reuters/Core Commodity CRB index was down on the day. The U.S. dollar index strengthened, pressuring dollar-traded commodities as it makes them more expensive to holders of other currencies. He

Australian wool auctions seem to have now broken the oscillating trend of the past year, with another week of strong progressive gains. Wool prices have seemingly settled into more economically charted patterns, with supply, demand and currency movements being the main ingredients for the more predictable market direction. A major factor for this change is surely the stronger competition to China buyers in the sale rooms from other buying destinations such as India, Italy, and other Europe

Textile Raw Material Price 2013-12-02 Item Price Unit Fluctuation Date Oil WTI 92.3 USD/Barrel 0 2013-12-02 PX 1417 USD/Ton 0 2013-12-02 PTA Buy 7280 RMB/Ton 50 2013-12-02 PTA Sell 980 USD/Ton 0 2013-12-02 MEG Buy 7440 RMB/Ton -60 2013-12-02 MEG Sell 1025 USD/Ton -5 2013-12-02 CPL Buy 17100 RMB/Ton 0 2013-12-02 CPL Sell 2300 USD/Ton

The market has been flat-lined in November, with the March contract closing the last 20 sessions in an extremely tight range of less than 200 points, between 77.23 and 79.19 cents/lb. One of the reasons for this anemic market is that speculators have left the cotton market in great numbers, either by exiting altogether or by cutting back their exposure. Looking at the latest CFTC report as of November 19, we notice that total open interest for futures and options combined amounted to just

Trade turnover of cotton and the commodity prices slightly declined at the local markets after cotton yarn manufacturers witnessed a slowdown in their sales, a dealer said on Saturday. “Pakistan’s cotton markets observed slowdown in trade activities,” Naseem Usman, a broker at the Karachi Cotton Exchange, said. Traders exchanged a total of 19,000 bales at Rs5,400 to Rs6,600 per maund (37.324 kilograms) as compared to 23,400 bales traded at Rs6,100 to Rs6,700 per maund a day ago, the Karach

Viscose textile markets in Asia continued to remain on the weaker trend and discussions mostly softened in China in the viscose staple fibre segment with downstream players still consuming raw material inventory amid bearish yarn market. Some spinners even reduced buying and were seeking lower priced goods amid the sluggish sentiment. VSF prices were stable to soft in India and Pakistan, while major producers insisted on trading prices. In the viscose filament markets, prices remained unchang

Textile Raw Material Price 2013-11-29 Item Price Unit Fluctuation Date Oil WTI 92.3 USD/Barrel -1.38 2013-11-29 PX 1417 USD/Ton 0 2013-11-29 PTA Buy 7230 RMB/Ton 0 2013-11-29 PTA Sell 980 USD/Ton 2 2013-11-29 MEG Buy 7500 RMB/Ton 50 2013-11-29 MEG Sell 1030 USD/Ton 10 2013-11-29 CPL Buy 17100 RMB/Ton 0 2013-11-29 CPL Sell 2300 USD/Ton