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Cotton prices in the domestic Australian market will remain strong at above AUD 520 per bale through 2017-18, according to a report by Rabobank. The report cites currency weakness, the premium for Australian cotton (largely due to its quality) and global economic recovery as the three factors underpinning the local sector’s profitability in the near term.
Beyond the next 12 months, there is a cause for optimism, largely due to the prospect of recovering Chinese import demand, says the Austral
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Textiles and jute minister Emaz Uddin Pramanik on Wednesday told parliament that export of jute goods to India have been affected after New Delhi imposed antidumping duties on the jute products from Bangladesh.
Export of jute goods to India came down to Tk 50 crore this year from usual Tk 275 crore to Tk 300 crore per year as the country imposed antidumping duties on jute products from Bangladesh, Emaz Uddin Pramanik said while replying a query of ruling Awami League lawmaker Ummey Razia Kajo
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Slow trading was witnessed on the cotton market on Tuesday as buyers remained away from the market and only a few deals took place. The Karachi Cotton Association cut its spot rate by Rs50.
Brokers said buyers were showing less interest despite the fact that new cotton season has started.
They said that as the Punjab government had discouraged early sowing in the country, buyers were waiting for the assessment of crop size which would take a few more days.
The government should announce
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Textile Raw Material Price 2017-06-14
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.46
USD/Barrel
0.82%
2017-06-14
Crude Oil Brent
801
USD/Barrel
0.88%
2017-06-14
PX
48.72
USD/Ton
0.89%
2017-06-14
PTA Buy
4770
RMB/Ton
1.06%
2017-06-14
PTA Sell
618
USD/Ton
0%
2017-06-14
MEG Buy
6900
RMB/Ton
2.22%
2017-06-14
MEG Sell
810
USD/Ton
1.89%
2017-06-14
CPL Buy
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Textile Raw Material Price 2017-06-13
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.08
USD/Barrel
0.55%
2017-06-13
Crude Oil Brent
794
USD/Barrel
0.25%
2017-06-13
PX
48.29
USD/Ton
0.29%
2017-06-13
PTA Buy
4720
RMB/Ton
0%
2017-06-13
PTA Sell
618
USD/Ton
0%
2017-06-13
MEG Buy
6750
RMB/Ton
2.27%
2017-06-13
MEG Sell
795
USD/Ton
1.53%
2017-06-13
CPL Buy
1
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Top 10 Rising Categories
Top 10 Falling Categories
1.Thread & Rope
3.83%
1.Apparel Lining
-2.47%
2.Blended Fiber Grey Cloth
3.19%
2.Nylon Fabric
-1.72%
3.Lining
3.15%
3.Fashion Fabric
-1.69%
4.Viscose Fabric
1.74%
4.Cotton Fabric
-1.36%
5.TC Fabric
1.37%
5.Cotton Linen
-1.19%
6.Belt
1.14%
6.RW Fabric
-1.11%
7.Chemical Fiber Grey Cloth
1.07%
7.TR Fabric
-0.75%
8.Linen Viscose Fabric
0.
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No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Full Size Lustrous Jacquard Printed Curtain Fabric
280
580g/m
15.80yuan/m
②
T/C80/20 Drill
150
20S×20S、108×58
11.80yuan/m
③
Lustrous Positioning Embroidered Window Screen
280
320g/m
12.60yuan/m
④
T/C65/35 Machine Dyed Poly Drill
150
21S×16S 120×60
12.50yuan/m
⑤
Printed Rayon Fabric
145
40S×40S、100×80
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Textile Raw Material Price 2017-06-12
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
45.83
USD/Barrel
0.42%
2017-06-12
Crude Oil Brent
792
USD/Barrel
-0.38%
2017-06-12
PX
48.15
USD/Ton
0.61%
2017-06-12
PTA Buy
4720
RMB/Ton
0.21%
2017-06-12
PTA Sell
618
USD/Ton
0%
2017-06-12
MEG Buy
6600
RMB/Ton
1.23%
2017-06-12
MEG Sell
783
USD/Ton
0.64%
2017-06-12
CPL Buy
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Textile Raw Material Price 2017-06-11
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
45.64
USD/Barrel
-0.17%
2017-06-11
Crude Oil Brent
47.86
USD/Barrel
-0.42%
2017-06-11
PX
795
USD/Ton
-0.25%
2017-06-11
PTA Buy
4710
RMB/Ton
-0.21%
2017-06-11
PTA Sell
618
USD/Ton
0%
2017-06-11
MEG Buy
6520
RMB/Ton
0.31%
2017-06-11
MEG Sell
778
USD/Ton
1.57%
2017-06-11
CPL B
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Supplies from the new cotton crop have improved as sizeable quantities have started arriving in the market, majorly from the coastal cities of Sindh. The Karachi Cotton Association kept its spot rate unchanged.
Cotton broker Syed Mudabir Shah said picking somehow gets momentum in cities in Sindh including Badin, Degree, Gularhci, Mirpur Khas and Umerkot.
He said the price of phutti (seed cotton) rose by Rs50 to Rs3,500 to Rs3,625. However, the price of cotton seeds reduced from R