Explore ideas, evidence and developments across the textile value chain.
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Intelligencefree6 Dec 2016Welcome to Textile Economics. A new Intelligence channel brought to you by World Textile Information Network.
Intelligence6 Dec 2016In 2015, European Union clearly played a major role in the trade of textile manufactures. Out of $497.541 billion worth of textile manufactures traded in the globe, EU27 accounted for $132.754 billion, more than a quarter (26.7%) of global trade. European Union’s had even higher than China’s 25.7% share of global trade. Where the world had a trade surplus in textile manufactures, with 56.5% of its trade value in exports, the EU had a large deficit, with 12.8% of its trade value in exports
Insight28 Nov 2016The rise in dollar continues to place downward pressure on the dollar value of textile fibres and yarns. Most cotton yarns in China have remained stable in terms of yuan relative to the week before, but dropped 0.44% in terms of dollars. Cotton Combed 32s and Cotton Combed 40s both increased 0.4% and 0.38% respectively in terms of yuan, but fell 0.05% and 0.06% in terms of dollars. Viscose price in China rose 0.07% in terms of yuan, relative to the week before – the first increase in more than a month. The price increase in terms of yuan was not enough to compensate for the drop in dollars, thus viscose staple fibres fell 0.38% in terms of dollars when compared to the week before. Polyester prices in China have been positive this week relative to the week before. In India, the strong dollar has suppressed dollar prices in the market for cotton yarns.
Insight28 Nov 2016The 5-day average cotton fibre price rose 1.32% to Rs 6,150 per 37.32 kg in the week ending the 25 November, from Rs 6,070 the week before. On Monday, prices stayed the same relative to Friday the week before at Rs 6,150, and remained so until 25 November.
Insight28 Nov 2016he market for viscose fibres saw a rise in prices in week ending 25 November, after witnessing a price fall that lasted six weeks. A 5-day average price rose 0.13% in week ending 25 November to 15,308 yuan per tonne from 15,288 Yuan per tonne the week before.
Insight21 Nov 2016Continuous rise in the dollar forced downward pressure on many dollar prices of fibres and yarns. In China, polyester staple fibre fell 0.61% in terms of yuan, but 1.73% in terms of dollars. Although viscose staple fibres remained the same in terms of yuan, they still fell 1.13% relative to the dollar. Most polyester filament yarns such as FDY 50D/24F and DTY 150D/48F saw an increase in terms of yuan and a relatively smaller rise in prices in terms of dollars. FDY 50D/24F saw a 2.11% increase in terms of yuan and a 0.95% increase in terms of dollars. DTY 150D/48F saw a 1.39% increase in terms of yuan and only a 0.25% increase in terms of dollars. Polyamide also faced the same predicament. It increased by 4.40% in terms of yuan due to tight supply, but just 3.22% in terms of dollars. Combed 32s and 40s cotton yarns in China remained fixed in the week ending 18 November when measured in terms of yuan, and fell 1.13% in terms of dollars. In India, prices fell heavily, due to the sharp rise in dollar relative to he rupee, and rising tension with Pakistan.
Insight21 Nov 2016The 5-day average Cotton Index in China began to rise at a faster pace in the week ending 18 November, relative to the week before. It rose 1.64% to 15,690 yuan per tonne from 15,437 yuan in the week ending 11 November
Insight21 Nov 2016On Monday 14 November, prices fell 0.13% to 15,280 yuan per tonne from 15,300 on Friday the week before. Following Monday, prices began to rise by an average 0.03% to 15,300 on Friday 18 November, a 0.13% increase from Monday’s price.
Insight14 Nov 2016In China, price of Polyester staple fibre rose 3.29% in dollar terms, 4.10% in Yuan terms following Trump's victory in the US election. The rise in price in dollar terms have been suppressed due to the weakening yuan relative to the dollar. Viscose Staple fibre fell 3.16% in terms of yuan; 3.92% in terms of dollars, and Polyamide, even though prices remained constant in terms of yuan, fell 0.78% in terms of dollars for the same reason as polyester staple fibres. China 32s and 40s weaved Cotton Yarns fell 0.78% in terms of dollar as prices remained constant in terms of yuans. India, on the other hand, due to rising costs of cotton fibers, and rising demand of Indian manufactures managed to see an average 4.55% increase in dollar terms for their 30s carded and 40s Combed woven cotton yarns
Insight14 Nov 2016In Pakistan, 5-day average price in week ending 11th of November rose 0.68% to 5,950 per 37.32 kg from Rs 5,910 per 37.32 kg the week before due to the arrivals of higher quality cotton. Prices has remained stable throughout this week at Rs 5,950 per 37.32.
Insight14 Nov 2016In the week ending 11th of November, Monday’s price was at 15750 yuan per tonne, 0.32% less than 15,800 yuan per tonne on Friday the week before. Following Monday, Viscose prices fell by an average 0.72% a day to 15,300 yuan per tonne on the 11th of November. The drop in price has accelerated overtime since Monday’s quote.
Insight7 Nov 2016In china, 1.26% drop in Polyester price in terms of Yuan on Friday to 7,065 yuan/tonne from 7,115 yuan/tonne on the 28th led to a relatively smaller drop (0.95%) in terms of dollars. Viscose Yarn saw a 2.59% drop in terms of Yuan to 15,800 from 16,220 yuan per tonne the week before. In terms of dollars it translated to a 2.29% drop. Cotton Yarn prices were mostly stable in terms of yuan but rose an average of 0.31% in terms of dollars. The rise in dollar value in these yarns is supported by the rise in Yuan in days leading up to the US election. In India, textile markets opened with a strong dip as Indian 30s Carded, and 40s Combed cotton fell 3.57% and 1.67% respectively in terms of dollars.
