-
The Australian Bureau of Agricultural and Resource Economics (ABARES) has projected mix outlook for wool. ABARES foresees the EMI to move up once again in the short-to-medium term, averaging around 1,160 cents per kilogram for 2014-15 and remain at around 1,155 cents per kilogram in 2015-16.
By 2018-19, the EMI is projected to plunge to around 1,133 cents per kilo as graziers restock and production recovers.
The Eastern Market Indicator (EMI) gained strength during the first half of 2013-1
-
The Cotton Corporation of India (CCI) reported the current season arrival to 151.41 lakh bale as of now as compared to 182.23 lakh bale in the same time last season.
In the north zone of Punjab, Haryana and Rajasthan, the daily average arrivals are around 15,000 bales. Cotton lint prices remained steady with no major variations.
Gujarat cotton market on account of slow-moving demand from exporters witnessed decline in prices. Moreover, last week the arrivals also dropped from 65000 bales
-
Top 10 Categories in Rising
Top 10 Categories in Rising
1.Lining
2.78%
1.NC Fabric
-2.11%
2.Curtain
0.98%
2.Nylon Fabric
-1.33%
3.TW Fabric
0.83%
3.Blended Fiber Grey Cloth
-0.76%
4.Cotton/Linen
0.62%
4.Polyester
-0.52%
5.TS Fabric
0.55%
5.Blended
-0.50%
6.Natural Fiber Grey Cloth
0.43%
6.Lace
-0.42%
7.Other Chemical Fiber
0.37%
7.TN Fabric
-0.37%
8.Polyester Fabric
0.36%
8.Household
-
Textile Raw Material Price 2014-03-03
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
102.59
USD/Barrel
0.19%
2014-03-03
Crude Oil Brent
109.07
USD/Barrel
0.1%
2014-03-03
PX
1233
USD/Ton
0.24%
2014-03-03
PTA Buy
6230
RMB/Ton
0.16%
2014-03-03
PTA Sell
882
USD/Ton
0%
2014-03-03
MEG Buy
6610
RMB/Ton
1.23%
2014-03-03
MEG Sell
893
USD/Ton
0.34%
2014-03-03
CPL Buy
-
* Traders eye the March USDA supply-demand report
* Commodities advance as skittish investors turn to safe havens
* Australia's 14/15 cotton output to fall 11.4 pct -ABARES
Cotton futures rallied on Monday, lifted by expectations that the U.S. government next week will reduce its outlook for ending inventories in the United States, the world's top exporter.
The most active May cotton contract on ICE Futures U.S. closed up 1.19 cents, or 1.4 percent, at 88.33 cents a lb.
Commoditie
-
Textile Raw Material Price 2014-03-02
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
102.4
USD/Barrel
-0.19%
2014-03-02
Crude Oil Brent
108.96
USD/Barrel
-0.51%
2014-03-02
PX
1230
USD/Ton
0.16%
2014-03-02
PTA Buy
6220
RMB/Ton
0%
2014-03-02
PTA Sell
882
USD/Ton
0%
2014-03-02
MEG Buy
6530
RMB/Ton
0.15%
2014-03-02
MEG Sell
890
USD/Ton
1.14%
2014-03-02
CPL Buy
-
* Prices sink from Monday's 6-month peak above 90s cts/lb
* NY cotton futures tumble alongside Chinese market
* Mill fixations lift prices off price dips -traders
Cotton futures fell on Friday, skidding to a second straight weekly loss, on concern over demand in top consumer China after a string of volatile trading sessions that lifted prices to six-month highs.
The most-active May cotton contract on ICE Futures U.S. closed down 0.67 cent, or 0.8 percent, at 87.14 cents a lb.
-
After the recent downward pressure faced at the wool market, this week's auction of 7300 bales of South Island wool saw a firm to dearer market with an 86 per cent clearance rate. A continual flow of buyer interest with limited volumes of desirable wool types combined to balance the wool market
John Dawson, general manager of New Zealand Wool Services International Limited's said that the weighted indicator for the main trading currencies lifted slightly by 0.58 per cent, compared to the Feb
-
Textile Raw Material Price 2014-02-27
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
102.59
USD/Barrel
0.75%
2014-02-27
Crude Oil Brent
109.52
USD/Barrel
0.01%
2014-02-27
PX
1228
USD/Ton
-0.89%
2014-02-27
PTA Buy
6220
RMB/Ton
-0.48%
2014-02-27
PTA Sell
882
USD/Ton
-0.34%
2014-02-27
MEG Buy
6520
RMB/Ton
-1.95%
2014-02-27
MEG Sell
880
USD/Ton
-3.3%
2014-02-27
-
High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday.
Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China Monday, down $14/mt from last Friday and the lowest level seen since July 26, 2012, when it was assessed at $911/mt.
The price of MEG in the domestic China market was assessed Monday at Yuan 6,700/mt ex-tank, down Yuan 25/mt from last Friday, and at the lo