Asian purified terephthalic acid prices fell in week ended 22 November, dragged down by a bearish polyester market amid high operating rates of PTA plants in China. Prices hit a 16-month low on rising supply and weak demand. European PTA producers expressed unhappiness over the initial contract price settlement for feedstock paraxylene. Meanwhile, November US terephthalic acid prices are expected to move down after contracts for feedstock paraxylene was settled lower in the week. Asian PTA m

Textile Raw Material Price 2013-11-25 Item Price Unit Fluctuation Date Oil WTI 95.44 USD/Barrel 2.11 2013-11-25 PX 1407 USD/Ton -3 2013-11-25 PTA Buy 7310 RMB/Ton 0 2013-11-25 PTA Sell 992 USD/Ton 0 2013-11-25 MEG Buy 7360 RMB/Ton 0 2013-11-25 MEG Sell 1015 USD/Ton 0 2013-11-25 CPL Buy 17200 RMB/Ton -100 2013-11-25 CPL Sell 2310 USD/Ton

Cotton prices dropped marginally as export demand slowed on the back of weak global sentiments. Moreover, domestic buying was limited as buyers are expecting prices to drop further in the coming days. Gujarat Sankar-6 cotton decreased by Rs 100-200 to Rs 40,200-40,300 for a candy of 356 kg. Kapas or raw cotton dropped by Rs 5 to Rs 950-987 for a maund of 20 kg. Kapas for gin delivery was traded at Rs 980-990. About 60,000 bales (170 kg each) of cotton arrived in Gujarat and 1.60 lakh bale

ICE cotton slid to a fifth-straight weekly loss on Friday, its longest rout since June 2012, as investors continued to exit the cotton market in droves as waves of supplies come online and as worries build about waning demand. The most-active March cotton contract on ICE Futures U.S. dropped 1.12 cent, or 1.4 percent, to settle at 77.23 cents a lb. Total open interest sank to 154,203 lots on Thursday, ICE data showed. That was lowest level since January 2012, in the wake of the MF Globa

Textile Raw Material Price 2013-11-22 Item Price Unit Fluctuation Date Oil WTI 93.33 USD/Barrel -0.01 2013-11-22 PX 1410 USD/Ton 9 2013-11-22 PTA Buy 7310 RMB/Ton -20 2013-11-22 PTA Sell 992 USD/Ton 0 2013-11-22 MEG Buy 7360 RMB/Ton -10 2013-11-22 MEG Sell 1015 USD/Ton -3 2013-11-22 CPL Buy 17300 RMB/Ton 0 2013-11-22 CPL Sell 2320 USD/T

Despite the record production expected in 2013-14, strong export demand has kept the cotton prices firm, ruling above the minimum support price (MSP). However, traders and ginners expect the prices to come under pressure from December as the arrivals are set to increase across the country. The Cotton Association of India ( CAI) has estimated the 2013-14 crop at 380.5 lakh bales, which is an all-time high. Against the MSP of Rs 4,000 a quintal, Banni Brahma, the best quality long staple cotton

Textile Raw Material Price 2013-11-21 Item Price Unit Fluctuation Date Oil WTI 93.34 USD/Barrel 0.31 2013-11-21 PX 1401 USD/Ton -3 2013-11-21 PTA Buy 7330 RMB/Ton -10 2013-11-21 PTA Sell 992 USD/Ton 0 2013-11-21 MEG Buy 7370 RMB/Ton 50 2013-11-21 MEG Sell 1018 USD/Ton -7 2013-11-21 CPL Buy 17300 RMB/Ton 0 2013-11-21 CPL Sell 2320 USD/To

Top 10 Categories in Rising Top 10 Categories in Falling 1、T/C Fabric 0.74% 1、Lace -1.61% 2、Blended 0.69% 2、Viscose/Wool Fabric -1.52% 3、Cotton Fabric 0.55% 3、Belt -1.23% 4、Household Textile 0.38% 4、Thread & Rope -1.15% 5、Polyester Fabric 0.32% 5、Bedding -0.93% 6、Apparel Lining 0.31% 6、T/N Fabric -0.74% 7、Poly

Textile Raw Material Price 2013-11-20 Item Price Unit Fluctuation Date Oil WTI 93.03 USD/Barrel -0.81 2013-11-20 PX 1404 USD/Ton -9 2013-11-20 PTA Buy 7340 RMB/Ton -20 2013-11-20 PTA Sell 992 USD/Ton -3 2013-11-20 MEG Buy 7320 RMB/Ton -160 2013-11-20 MEG Sell 1025 USD/Ton -5 2013-11-20 CPL Buy 17300 RMB/Ton -200 2013-11-20 CPL Sell 2320

Last week, the polyester spun yarn markets remained tepid with limited new orders as buyers awaited for signal from the upstream fibre markets. In China, offers changed marginally, but transaction weakened. PSF prices briefly rolled over, with the central level at US$1.60 a kg. PSF makers feared that any attempt to raise price offers would be strongly opposed and may result in reduction in operating rates. Margins have been falling in recent weeks. In India, PSF prices kept softening, last w