Explore ideas, evidence and developments across the textile value chain.
420 articles · latest first · 265–288
Prices18 Apr 2017Oil and PX prices have moved positively since 3 April relative to the week before, showing a positive bounce from a consistent fall in prices over the last five weeks.
Prices10 Apr 2017Polyester staple and viscose fibre prices fell in China for the seventh week in a row, however at a much slower pace relative to the week before. In terms of yuan, the drop in price level of viscose staple fibre fell 2.12% relative to the week before on 31 March – a slowdown from a 3.4% drop last week. Polyester and viscose yarns followed, but as the drop in polyester prices slowed down, the drop in viscose price level continued to accelerate. China cotton prices continued to drop relative to the week before as China’s expected cotton supply was revised upwards in March relative to February. The increase in output was the result of an increase in domestic productivity. Chinese cotton exports are expected to fall due to weak demand for Chinese cotton. Strong demand from the domestic market and especially the international market kept long-term cotton prices stable in the US and Brazil, but prices dropped marginally on the 7th of April relative to the week before. Chinese yuan depreciated against the dollar.
The midpoint average price of 30s viscose yarn remained stable at 20,800 yuan per tonne relative to 31 March, but fell 1% from 21,000 yuan per tonne quoted on 27 March.
Prices10 Apr 2017Cotton prices continued to fall marginally in China. Monday’s price saw CCINDEX 3128 remain stable at 15,862 yuan per tonne on 3 April relative to 31 March, and thus fell from 15,875 yuan per tonne quoted on Monday 27 March.
Prices4 Apr 2017Prices of Chinese viscose and polyester yarns and fibres continued to fall relative to the week before, and polyamide and caprolactam prices continued to fall more steeply, while acrylic remained stable. Chinese yuan dropped relative to the dollar by 0.07%, compared to the week before. Indian and Pakistan cotton prices fell marginally, while exported Indian yarn prices moved positively relative to 24 March.
Prices27 Mar 2017The Chinese yuan appreciated 0.29% against the dollar, as the value of the dollar fell to 6.8842 yuan from 6.9045 yuan in China. In terms of yuan, while China’s cotton yarn remained stable, prices of China’s polyester 32s and viscose 30s continued to drop. Poly-viscose 40s followed in the same path, as they all faced downward pressure in prices due to weak demand relative to supply. In terms of yuan China’s cotton fibre prices are moving downwards and fluctuations around the 5-day average price increased week-on-week. US cotton prices moved upwards, relative to week ending 24 February, but moved down marginally relative to the week before. March has not been a good month for polyamide 6 in China, as price levels have started to fall since the week ending 3 March, after continuous increases in price levels since the week ending 10 February. The 5-day average price showed that a drop-in price levels are accelerating week-on-week. Both India and Pakistan cotton prices started off strong at the beginning of the week, but price levels dropped back to the same level as the week before on 24 March
Prices20 Mar 2017The fall in prices of Chinese viscose and polyester yarns began to speed up, and viscose and polyester staple fibres followed the same pattern. Chinese cotton yarn, however, moved positively, while Chinese cotton fibre dropped marginally, relative to 24 February. Chinese intermediate prices, such as PX, dropped along with oil prices up to 10 March, when measured in dollars. The drop-in Friday’s price of oil has been continuous since 3 March, where the price level was at $53.33/bbl, down 1.22% from $53.99/bbl the week before. The following week, on 10 March, saw the drop-in prices accelerate to 10%, as the price per barrel fell to $48.05/bbl. Meanwhile, PX fell 0.22% on 3 March to $909/tonne from $911/tonne the week before and, like oil, Friday 10 March saw the drop in PX price level accelerate to 5.39% as prices fell to $860 per tonne. PX prices have bounced back up on 17 March, relative to the week before. Indian and Pakistan cotton prices fell in week ending 17 March, but the trend is still positive. Pakistan missed its target production despite good management of adverse supply side factors, including erratic weather, low prices and pesticide attacks.
