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Pricesfree17 Dec 2018According to the latest WASDE report, global forecasts for cotton in 2018-19 were lower production and consumption, higher trade, and slightly higher ending stocks compared with its previous month’s estimation.
Pricesfree3 Dec 2018After a little over three months, China and the US agreed to ceasefire the bitter trade war after high-stakes discussions in Argentina between President Donald Trump and Chinese premier Xi Jinping, including no escalated tariffs on 1 January 2019.
Pricesfree3 Dec 2018Nylon filament yarn prices declined sharply in Asian markets as upstream cost of caprolactam and nylon chip almost collapsed this week. In China, downstream converters operated at lower run rates and purchasing volume of FDY, DTY and POY were based on rigid demand
Pricesfree3 Dec 2018Cotton Futures were up on slightly lower export sales reported by USDA and some positioning before the G-20 meetings weekend. The market remained in a short-term trading range, but appeared that bottom is being formed once again. The final size of the US crop seems to be getting smaller with reduced and delayed harvest activities.
Insightfree26 Nov 2018According to the latest USDA’s Weekly Export Sales Report of week ending 15 November, net sales of 210,500 RB for 2018-19 – a marketing-year high – were up noticeably from the previous week and from the prior 4-week average.
Pricesfree26 Nov 2018Polyester staple fibre markets were quiet across China, India and Pakistan this week, with no change in pricing reported despite sharp fall in raw material cost. However, run rates were still high and with tepid demand, fundamentals lacked strength
Pricesfree19 Nov 2018Key petrochemicals production in China continues to rise amid a slew of new capacities, and appears to shore up its economy, following its trade war with the US, by softening environmental restrictions on polluting industries on the other side.
Insightfree19 Nov 2018The WASDE report of November 2018 has lowered US production, consumption, exports, and ending stocks of cotton. Production is reduced 1.35 million bales due mainly to decreases in the Southeast, reflecting the impact of adverse weather.
