Cotton futures in India, the world's second-largest grower, are expected to rise this week as rains could hamper harvesting and delay supplies from the new season crop while depleting stocks may aid the upside. Fresh produce of cotton typically starts arriving in local markets from September-end or October but rains during harvesting could cause delays and increase the moisture content in the crop. "Rains during the harvesting period could push back supplies from the new crop. Already ther

Amid slow phutti (seed cotton) arrivals, raw cotton prices moved higher when trading resumed on Tuesday. Fearing short crop, many spinners and exporters rushed to build upon their inventories. Floor brokers said that growing gap between demand and supply is a cause of concern for the entire textile chain. Many fear that if arrival of phutti in the Punjab does not improve within a fortnight, this would mean that the cotton crop is substantially short. The Cotton Crop Assessment Committe

Textile Raw Material Price 2013-09-25 Item Price Unit Fluctuation Date Oil WTI 103.59 USD/Barrel -1.08 2013-09-25 PX 1494 USD/Ton 8 2013-09-25 PTA Buy 7680 RMB/Ton -20 2013-09-25 PTA Sell 1060 USD/Ton -3 2013-09-25 MEG Buy 7880 RMB/Ton 0 2013-09-25 MEG Sell 1070 USD/Ton -3 2013-09-25 CPL Buy 18500 RMB/Ton 0 2013-09-25 CPL Sell 2370 USD/

Decline in cotton production by Cotton Crop Assessment Committee (CCAC) is likely to give a boost to prices, dealers on the cotton market said on Monday. The official spot rate was inert at Rs 6,900, they said. Prices of low type of seed cotton in Sindh and Punjab per 40 kg were firm at Rs 3,100, while the best variety was up by Rs 50 to Rs 3300, dealers said. In the ready session, around, 11,000 bales of cotton changed hands between Rs 6950-7050, they said. Some analysts said ginners might try

Australian wool markets continued this week on the weakening trend initiated at the last series of auctions. In a seemingly very controlled fashion, the market drifted lower from the onset of selling and by the close, all sections of the offering had had 20 to 30acents wiped from their values. Whilst the larger offerings over this week and the forecast volumes in the upcoming month has taken the pre-existent pressure off exporters, there remains a surprisingly upbeat positive view of the lon

Recent decreases of international quotes and an important event of the sector in Brazil in early September, which gathered most agents, led liquidity to be low in the domestic market. This scenario pressed down quotes in Brazil. Moreover, the real valuation against dollar quotes also led some companies to be more flexible in regard of asking prices, affecting the decrease of the price average. Between August 30 and September 16, the CEPEA/ESALQ Index for cotton type 41-4 moved down 1.09% and

Textile Raw Material Price 2013-09-24 Item Price Unit Fluctuation Date Oil WTI 104.67 USD/Barrel 0 2013-09-24 PX 1486 USD/Ton 18 2013-09-24 PTA Buy 7700 RMB/Ton 10 2013-09-24 PTA Sell 1063 USD/Ton 3 2013-09-24 MEG Buy 7880 RMB/Ton 50 2013-09-24 MEG Sell 1073 USD/Ton 5 2013-09-24 CPL Buy 18500 RMB/Ton 0 2013-09-24 CPL Sell 2370 USD/Ton

Price likely to drop further as US-Russia pact reduces risk of Syria conflict West Texas Inte­rm­ediate crude dropped to a one-month low as Libya’s oil production rose and the threat of military strikes against Syria receded, damping concern that supplies from West Asia may be cut. Futures capped the biggest weekly drop in three months. Libyan output yesterday was more than five times higher than earlier this month and Iraqi capacity is rising, government officials said

Top 10 Categories in Rising Top 10 Categories in Falling 1.Lining 0.67% 1.Viscose -0.73% 2.Polyester Fabric 0.66% 2.Cotton Fabric -0.70% 3.TC Fabric 0.50% 3.Belt -0.59% 4.Blended 0.45% 4.Apparel Lining -0.50% 5.Thread & Rope 0.43% 5.Cotton/Lining -0.42% 6.Fashion Fabric 0.41% 6.Lace -0.38% 7.Viscose/Wool Fabric 0.32% 7.Other Chemical Fiber -0.29% 8.Nylon/Cotton Fabric 0.18% 8.Cur

Textile Raw Material Price 2013-09-23 Item Price Unit Fluctuation Date Oil WTI 104.67 USD/Barrel -0.75 2013-09-23 PX 1468 USD/Ton -14 2013-09-23 PTA Buy 7690 RMB/Ton 20 2013-09-23 PTA Sell 1060 USD/Ton 0 2013-09-23 MEG Buy 7830 RMB/Ton 0 2013-09-23 MEG Sell 1068 USD/Ton 0 2013-09-23 CPL Buy 18500 RMB/Ton 0 2013-09-23 CPL Sell 2370 USD/T