April 16th, 2019
Cotton yarn import prices have declined in yuan terms in China, whatever their rise in dollar terms. Allocation of additional cotton import quotas should however support domestic spinners. Our weekly report covers the China yarn domestic and import market indicators, as well as local market prices in Qianqing and Shaoxing (Zhejiang). Yarn prices have stayed …
April 15th, 2019
Cotton prices are supported by an expected rebound of Chinese demand on the international market after Beijing has suddenly released an additional quota of 800,000 metric tons on last Friday. Demand from Vietnam, Bangladesh and even India could further boost prices to higher levels whereas China’s cotton futures are already rebounding. Cotton prices have been …
April 15th, 2019
China’s economy is possibly recovering, according to just released data announcing that a majority of professional buyers are optimistic about the coming period. Producer prices have therefore begun rising at a higher pace in the manufacturing sector, however not in the textile industry. China’s economy is offering positive signs these days, including a slight rebound …
April 15th, 2019
Polyester fiber and spun yarn prices have stayed rather unchanged in China, India and Pakistan in March with gross margins however moving differently from their level a year earlier. The fall of the Pakistani currency has boosted margins at spinning mills whereas the rise of the Indian rupee has weakened yarn producers in India. Polyester …
April 15th, 2019
Raw material costs of polyester fiber producers are weakening in the current period whatever the rebound of crude oil, naphtha, mixed xylene and paraxylene prices in the past two weeks. Downward textile producers are far from enthusiastic, in addition, although optimism is back in China’s economy. Paraxylene prices have clearly risen in the past weeks …
April 12th, 2019
Wool prices have fallen for the seventh consecutive week in a row in Australia, as demand was weakened by the strength of the local dollar and the low quality level of fibers. China is increasingly importing wool from other origins than Australia, offering more diversified supplies in terms of origins and products, as reflected by …
April 11th, 2019
Viscose fiber prices have stayed unchanged in the last seven days in China, also staying frozen in Pakistan which is increasingly dependent on its imports of Chinese VSF. China’s viscose exports to Pakistan but also to Indonesia have surged since 2013, as reflected by our below available 5-year data. Viscose prices have remained firm in …
April 11th, 2019
Gross margins of cotton spinners are further rising in Pakistan whereas again falling in India, as a result of opposite trends in local currency variations. Cotton fiber prices have continued rising in the past week in India before they have begun receding in the last days. In the meantime, Indian spinners have very slightly increased …
April 10th, 2019
Spandex prices have slightly risen in the last four weeks, over a seasonal rebound of downward textile production. BDO and PTMEG prices have stayed frozen, but MDI prices have sharply rebounded.The level of spandex prices in April-May will depend on a series of factors which are below analyzed. Spandex prices are staying firm in China, …
April 10th, 2019
Polyester fiber prices have bottomed out in China, over a jump of PTA prices in the past weeks, but the rise could be limited by a lack of downstream demand and high operating rates at polyester plants. PSF use has surged in the last year at spinning mills of Vietnam and Indonesia. Polyester fiber prices …
