March 04th, 2019
Cotton prices have risen for the second consecutive week in New York, amid optimism about the end of trade negotiations between Beijing and Washington. Although an expected return of Chinese buyers to the US market is supporting prices, long-term fundamentals are less exciting, with cotton use slowing down in many countries, including Bangladesh, Vietnam, China, …
March 04th, 2019
With cotton prices declining in India and Pakistan and polyester prices rising at the same time, the cotton vs polyester price difference has been reduced in both countries in February. Cotton use should therefore be favored to the detriment of polyester. Cotton use should now be supported by the weakening cotton prices in India and …
March 04th, 2019
PTA and MEG prices have clearly recovered in the last two trading days in Asia, as producers try to raise their margins after they have been reduced by a jump of paraxylene and ethylene prices, respectively. The polyester chain looks ready to lower its operating rates, if needed, in order to avoid any new fall …
March 01st, 2019
Wool prices have this week dropped in Australia, over a sharp rise of offered quantities. Although prices may further decline in the coming week, they will be later supported by a much tighter supply this season. Wool price have eventually declined this week in Australia, over a significant increase in offered quantities. The benchmark indicator …
February 28th, 2019
Fiber prices are moving into different directions in China, India and Pakistan, however not significantly changing. Yarn prices could follow the same trends as fiber prices, as usual, with market participants waiting for the end of US-China trade negotiations before replenishing their inventories. Fiber and spun yarn prices have remained very stable in the past …
February 28th, 2019
Viscose fiber prices have begun slightly dropping in China, due to a lack of demand in the post-holiday period. Inventories are kept at minimum level, due to current uncertainties over the China-US trade negotiations. Viscose fiber prices have given signs of weakness in the past seven days in China, with the benchmark indicator losing 70 …
February 27th, 2019
Cotton yarn prices are now stabilized in India whereas blended yarn prices are slightly falling. The decline of the rupee and the rise of the renminbi could now boost cotton yarn exports to China which have dramatically fallen at the end of last year, as reflected by our comprehensive export data covering last December and …
February 27th, 2019
Yarn prices have stayed relatively stable in the past seven days on the domestic market in Pakistan whatever military incidents with India. Cotton yarn export prices have however begun dropping in the meantime. – From our Pakistan Correspondent Ahmed Fayz Cotton yarn prices have not moved in the last seven days in Pakistan, although demand …
February 27th, 2019
Polyester prices have begun decreasing in the last days in China, as a clear sign that they will possibly drop in the coming months, over an expected decline of material costs and a slowing down demand from fiber processors in China and elsewhere. Polyester fiber prices have begun clearly declining in the last days in …
February 26th, 2019
The yarn market has started recovering in China, over a return to full work at spinning mills whereas optimism is now prevailing over trade negotiations with the United States. The yarn market has eventually begun recovering in China, two weeks after the end of lunar year holidays. Workers are back to work in most spinning …
