Explore ideas, evidence and developments across the textile value chain.
420 articles · latest first · 337–360
Insight23 Jan 20175-day average price of Karachi Cotton rose 0.29% to PKR 6,435 per 37.32kg in week ending 20th of January from PKR 6,355 per 37.32kg the week before.
Insight23 Jan 2017Polyester 32s Yarn witnessed a drop in prices in week ending 20th of January, as 5-day average price fell 0.63% to 12,550 yuan per tonne from 12,630 yuan per tonne the week before. Five-day average price of Viscose 30s yarns remains at 20,950 yuan per tonne. And has remained there since 2nd of January.
The 5-day average price of viscose staple fibre remains at 16,700 yuan per tonne in week ending 20th of January. Price level has remained there since 2nd of January. 5-day average price of Chinese polyester Staple fibre fell once again by 0.53% in week ending 20th of January to 8,247 yuan per tonne from 8.291 yuan per tonne the week before.
Insight16 Jan 2017Polyester staple fibre saw a drop in price the week ending 13 January, both in terms of yuan and dollars. In terms of yuan, prices dropped 1.31% while, in terms of dollars, prices dropped 1.02% relative to 6 January. Recorded polyester filaments also fell, averaging a 1.12% drop in price level in terms of yuan, a 0.83% drop in terms of dollars when compared to 6 January the week before. Viscose remained the same in terms of yuan relative to last Friday, but grew 0.29% in terms of dollars due to the rising strength of the yuan relative to the dollar. 32s carded cotton yarn remained flat in terms of yuan, but increased 0.29% in terms of dollars for the same reason as viscose. Combed 40s yarn faced tight supply relative to the week before, as the price level increased 0.37% in terms of yuan, and 0.67% in terms of dollars. The price of cotton yarn in China grew overall, as fibre continues to fall.
Insight9 Jan 2017Viscose prices on Friday remained the same in terms of yuan at 16,700 yuan per tonne, but grew 0.35% in terms of dollars due to the strengthened yuan when compared to Friday 30 December. Recorded polyester filament fibres prices continued to grow positively, as they averaged 0.22% increase relative to prices on the 30 December in terms of yuan; 0.57% in terms of dollars due to tight supply relative to demand. Polyamide continued to grow positively and peaked at its highest in more than two years in terms of yuan. The last time polyamide was at this level was on 23 October 2014. Indian 30s carded and 40s combed prices dropped in terms of dollars due to Rupees depreciating against the US Dollar. Prices fell by 1.42% and 1.46% respectively on 6 January, compared to 30 December the week before.
Insight3 Jan 2017Chinese yuan strengthened between 16 and 23 December, therefore placing an upward pressure on the dollar value of Chinese fibre and yarn. Polyester staple fibre fell on 23 December relative to 16 December by 0.88% in terms of yuan, 0.69% in terms of dollars. All recorded polyester filament fibres increased by an average 0.61% in terms of yuan, 0.8% in terms of dollars, due to continuous tight supply in the Chinese market. Viscose is making a big recovery, following its freefall that lasted 8-9 weeks. Viscose has seen positive growth since the week ending 16 December in China. On 23 December, viscose saw a 6.82% increase in terms of yuan when compared to 16 December; 7.02% in terms of dollars. Chinese polyamide saw a 0.94% increase in terms of yuan on 23 December – a 1.13% increase in terms of dollars, when compared to 16 December. Chinese 32s cotton combed yarn prices were stable in terms of yuan, but grew positively at 0.19% in terms of dollars, due to the stronger dollar. Meanwhile, 40s cotton combed saw a 0.75% increase in terms of yuan, due to stronger demand relative to supply, and a 0.94% increase in terms of dollars due to stronger currency. The Indian market also saw positive price movements for cotton yarn. The impact of demonetisation started tapering off, and markets began to stabilise. However, the cotton fibre supply from farmers was disrupted, due to the cash crunch that weakened supply position.
Insight19 Dec 2016Viscose staple fibre stabilised during the week ending 16 December, while polyester filament fibre, staple fibre and yarn continued to rise, due to tight supply in the Chinese market. Pakistan's cotton fibres remained stable at higher prices, due to a fear of limited quality cotton. In India, meanwhile, cotton yarn and fibre prices continued to fall, due to cotton surplus and relatively limited demand.
Insight12 Dec 2016Although the strengthening of the US dollar suppressed man-made fibre prices in terms of dollars, recorded man-made fibres still saw a rise in price, due to strong demand relative to supply in China. Recorded polyester filament fibre saw an average 5.65% increase in terms of yuan on 9 December, relative to Friday the week before; 5.41% in terms of dollars. The price of polyester staple fibre grew at a relatively slower pace, as it increased 5.32% in terms of yuan; 5.08% in terms of dollars when compared to Friday the week before. Polyamide saw the fastest growth on 9 December, relative to Friday the week before, at 11.68% in terms of yuan, 11.62% in terms of dollars. Viscose continued to fall. Polyester 32s yarns in China responded to the rapid rise in fibres by raising its midpoint price by 3.38% in terms of yuan, 3.15% in terms of dollars when compared to Friday the week before. This is a relatively smaller increase, due to tight competition in the Chinese yarn industry. China’s cotton yarn prices began to increase as the Cotton Index shows rise in prices, due to growing demand. Demonetisation in the Indian market managed to strengthen the rupee, boosting the price of Indian yarns in terms of dollars. Indian 30s cotton yarn stayed the same and 40s cotton grew 1.83%, as Indian currency becomes relatively scarce in the foreign exchange market. Depreciation of cotton prices in India as a result of surplus, and reduced exports to Pakistan, may allow prices of cotton yarns to drop further in India.
Insight12 Dec 2016Polyester staple fibres saw a rise in prices during the week ending 9 December, due to tight supply. The 5-day average price was at 7,714 yuan per tonne, a 3.93% increase relative to 7,422 yuan per tonne the week before. The midpoint price of 30s polyester yarn headed in the same direction, as the 5-day average midpoint price increased 2.11% to 12,100 yuan per tonne from 11,850 yuan per tonne the week before
