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Insight12 Apr 2017Cotton USA has confirmed it is collaborating with one of the world’s leading universities for textiles innovation and design to encourage future industry professionals to innovatively use US cotton.
Prices10 Apr 2017Polyester staple and viscose fibre prices fell in China for the seventh week in a row, however at a much slower pace relative to the week before. In terms of yuan, the drop in price level of viscose staple fibre fell 2.12% relative to the week before on 31 March – a slowdown from a 3.4% drop last week. Polyester and viscose yarns followed, but as the drop in polyester prices slowed down, the drop in viscose price level continued to accelerate. China cotton prices continued to drop relative to the week before as China’s expected cotton supply was revised upwards in March relative to February. The increase in output was the result of an increase in domestic productivity. Chinese cotton exports are expected to fall due to weak demand for Chinese cotton. Strong demand from the domestic market and especially the international market kept long-term cotton prices stable in the US and Brazil, but prices dropped marginally on the 7th of April relative to the week before. Chinese yuan depreciated against the dollar.
Prices10 Apr 2017Cotton prices continued to fall marginally in China. Monday’s price saw CCINDEX 3128 remain stable at 15,862 yuan per tonne on 3 April relative to 31 March, and thus fell from 15,875 yuan per tonne quoted on Monday 27 March.
