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Insight23 Apr 2019According to the weekly export sales report of 11 April, net sales of 217,600 RB for 2018-19 were down 25% from the previous week and 9% from the prior four-week average
Prices23 Apr 2019Polyester staple fibre prices eased this week in China, while strong currency negated the fall and other Asian markets were covered by a wait-and-watch sentiment as costs showed a falling trend after a weak start to the week

Mono ethylene glycol (MEG) prices were down in Asian markets as inventory levels at China’s main ports rose to a record high, although demand remained healthy amid strong downstream polyester production. Inventories along east China rose 2.6% week-on-week to 1,410 kilo ton
Prices23 Apr 2019Cotton Futures were higher midweek, getting back almost all the losses seen at the opening of the week. It was an impressive recovery since there didn’t seem to be much news, but it was supported by optimism from progressing US-China trade talks
Prices15 Apr 2019According to the International Monetary Fund (IMF) this week, slowdowns in economic growth are expected for 70% of global economies this year, amid widespread political and financial stresses, with a projected rebound next year predicated on a risky emerging market recovery
Pricesfree15 Apr 2019The British Wool index was up 4% sale-on-sale at GB£1.50 a kg clean. The total weight offered was 2.193 million kg, with the total weight sold being 1.907 million kilos, resulting in a clearance of 87%. The average clean price was £1.521, and for greasy at £1.002.
Prices8 Apr 2019Cotton Futures on the ICE gained this week, making it four in a row: on strong US export business; general expectation of a tight 2018-19 domestic balance sheet, likely lesser planted areas in 2019; and sentiments regarding US-China trade talks in the near future