Explore ideas, evidence and developments across the textile value chain.
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Prices20 Feb 2017Among cotton woven yarns, the average drop in price on 16 February was 0.6% when compared to 9 February the week before.
Prices20 Feb 2017Chinese 30s viscose yarns continue to see positive price movements since the Chinese New Year.
Smaller spinners were at a disadvantage due to their relatively weak financial position, there were in no position to sustain high prices of inputs for a long period of time.
Insight15 Feb 2017The strengthening dollar placed downward pressure on the dollar price of Chinese man-made fibres. However, rising oil prices, strong demand and limited supply have forced an upward price level since the Chinese New Year. Recorded polyester filament price increase ranged from 2.2% to 6.2% in terms of yuan and 2.1% to 6.1% in terms of dollars when compared to the recorded price level during the Chinese New Year. Polyester staple fibre grew 4.57% in terms of yuan, 4.45% in terms of dollar, while Chinese viscose grew 3.29% in terms of yuan and 3.18% in terms of dollars when compared to prices during the Chinese New Year. The stronger supply position from Indian farmers allowed Indian raw cotton prices to stabilise in terms of INR. Yarn prices also remained relatively stable. Upward pressure on the dollar value of Indian cotton yarn was further reinforced by the positive movement of INR relative to the US dollar, following positive feedback from India’s National Budget Announcement. Globally, meanwhile, volatile cotton prices continued to shift upwards.
Insight7 Feb 2017The Chinese New Year kept recorded cotton prices stable the week ending 3 February. On Friday, price levels jumped 0.88% relative to Monday’s price, to 15,938 yuan per tonne. Meanwhile, cotton yarn export prices in Taiwan also remain stable. Open-ended cotton increased 2.5% on 7 December to $2.05 per kg from 2.00 the week before on 30 November. And US cotton prices continue to move upwards. In the week ending 27 January, the 5-day average price continued to rise by 1.96% to 83.22 cents per lb.
Insight31 Jan 2017As China approaches its New Year, textile intermediate prices continued to spike upwards in China relative to the week before. Global cotton fibre prices increased due to strong demand from China, the US and India,as stocks continued to diminish. In India, the rise in cotton price was reflected in the rise of cotton yarns, with 30s and 40s cotton yarns rising 2.87% and 2.08% respectively. Meanwhile, Taiwan saw its price of polycotton yarn rise 1.12% relative to the week before.
Insight23 Jan 20175-day average price of China Cotton prices rose slightly, by 0.03% to 15,781 yuan per tonne in week ending 20th of January from 15,777 yuan per tonne the week before. In the United States, Cotton A Index fell 0.71% to 81.62 cents per pound in week ending 20th of January, from 82.20 cents per pound the week before.
