June 24th, 2019
Cotton prices have further declined in New York, although with very different results depending on contracts. Demand is depressed from spinners on the international and domestic markets with participants waiting for the results of the G8-summit later this week, which should tell if China will resume buying cotton on the international market. Domestic markets are …
June 24th, 2019
Polyester chain prices have clearly rebounded in the last seven days, being boosted by a need to replenish stocks which had been depleted during the previous fall of prices. Demand could however rapidly vanish if Washington and Beijing fail in finding an agreement over their trade conflicts at the end of the week. Polyester intermediate …
June 21st, 2019
Wool prices have further dwindled this week in Australia whatever the fall of the local currency. Demand remains very weak although wool prices have sharply dropped in the last weeks. The negative anticipations triggered by the Brexit and US-China trade war are taking their tool on the wool market. Wool prices have continued plunging this …
June 20th, 2019
Fiber prices are bottoming out in China with spun yarn prices further falling, as spinners are taking account of the previous decline of cotton and polyester prices. In Pakistan, the sharp fall of the rupee is protecting spinners from any decline of their prices, in local currency terms. Spun yarn prices have continued falling in …
June 20th, 2019
Cotton yarn export prices have sharply fallen in Pakistan, over a new decline of the local currency and a need to boost sales ahead of new taxation rules for the textile business, as of July 1st, our correspondent reports. – From our Pakistan Correspondent Ahmed Fayz Cotton yarn prices have significantly dropped on Pakistan’s export …
June 19th, 2019
Spun yarn prices are falling across the board in India after polyester fiber prices have been sharply lowered in only three weeks. 100% polyester has heavily dropped and 100% cotton has also been cut in Tirupur, Ludhiana or Bhiwandi, although cotton prices have stayed firm. Spun yarn prices are now more obviously falling in India, …
June 19th, 2019
Polyester fiber prices have rebounded in the last days in China whereas further declining in India, by contrast. Demand is recovering in China, after prices have significantly fallen with polyester use being currently favored by a riser of the Cotton-PSF price difference. Polyester prices have clearly bottomed out in the last days in China. Benchmark …
June 18th, 2019
Spun yarn prices could now stabilize in China after having sharply fallen in the last weeks on the domestic and import markets. Fiber prices are bottoming out whereas yarn production has been reduced amid a falling demand. Spun yarn prices have continued dropping in the past days in China, with spinners taking into account the …
June 17th, 2019
Cotton prices have stayed at their currently low level in the past week, over a lack of demand from spinners who are primarily trying to reduce their stocks, also anticipating prices to stay very weak in the coming season. Global cotton stocks at the end of 2019-20 have been raised by the US Department of …
June 17th, 2019
Polyester chain prices have stayed relatively firm in the last week, with PTA and MEG even slightly recovering in the last days. Demand is bottoming out from textile producers after polyester prices have fallen to very competitive levels. Polyester chain prices have failed in indicating clear directions in the past week, as demand was bottoming …
