Textile Raw Material Price 2015-05-21 Item Price Unit Fluctuation Date Crude Oil WTI 58.98 USD/Barrel 3% 2015-05-21 Crude Oil Brent 65.03 USD/Barrel 1.58% 2015-05-21 PX 903 USD/Ton -1.42% 2015-05-21 PTA Buy 4850 RMB/Ton -1.02% 2015-05-21 PTA Sell 735 USD/Ton -0.68% 2015-05-21 MEG Buy 7350 RMB/Ton 0% 2015-05-21 MEG Sell 965 USD/Ton 0% 2015-05-21 CPL Buy 1

According to USDA’s initial projection for the 2015 crop, US cotton production is forecast at 14.5 million bales, 11 per cent below the final 2014 crop estimate. Based on the prospective plantings report, 2015 cotton area is expected at 9.55 million acres, 13.5 per cent below 2014.“The lower planted acreage is largely due to relative crop prices favoring competing crops over cotton,” USDA explained.Area for both upland and extra-long staple (ELS) cotton is forecast lower in 2015 and for the upc

ICE cotton futures fell for the third straight day on Wednesday, hitting a four-week low as trend-following funds continued to exit July long positions, though concerns about slow planting progress so far helped boost the December contract. "The trend-following funds continued to liquidate in July today," said Sharon Johnson, introducing broker with Wedbush Securities in Atlanta, noting that trade was more modest than in the prior two sessions in part because mills found current levels attra

Textile Raw Material Price 2015-05-20 Item Price Unit Fluctuation Date Crude Oil WTI 57.26 USD/Barrel -3.65% 2015-05-20 Crude Oil Brent 64.02 USD/Barrel -3.4% 2015-05-20 PX 916 USD/Ton -4.28% 2015-05-20 PTA Buy 4900 RMB/Ton -3.92% 2015-05-20 PTA Sell 740 USD/Ton 0% 2015-05-20 MEG Buy 7350 RMB/Ton -2.65% 2015-05-20 MEG Sell 965 USD/Ton -2.03% 2015-05-20 CPL

ICE cotton futures fell for the second straight day on Tuesday, hitting a 3-1/2 week low as a stronger dollar prompted speculators to sell the July contract, with concerns about the next US crop providing some support to the December contract. "We've seen this thing go from inverted to almost 50 points carry," said Louis Rose, independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee, noting that the December contract was now trading at a premium to front-month July

Textile Raw Material Price 2015-05-19 Item Price Unit Fluctuation Date Crude Oil WTI 59.43 USD/Barrel -0.44% 2015-05-19 Crude Oil Brent 66.27 USD/Barrel -0.81% 2015-05-19 PX 957 USD/Ton -0.52% 2015-05-19 PTA Buy 5100 RMB/Ton 0% 2015-05-19 PTA Sell 740 USD/Ton 0% 2015-05-19 MEG Buy 7550 RMB/Ton -1.95% 2015-05-19 MEG Sell 985 USD/Ton -1.5% 2015-05-19 CPL Buy

Top 10 Rising Categories Top 10 Falling Categories 1.Nylon Fabric 2.82% 1.Lining -1.01% 2.Thread & Rope 2.61% 2.RW Fabric -0.91% 3.TC Fabric 1.75% 3.Chemical Fiber Grey Cloth -0.80% 4.Household Textiles 0.89% 4.TW Fabric -0.63% 5.TS Fabric 0.61% 5.Polyester Fabric -0.61% 6.Blended Fiber Grey Cloth 0.53% 6.Bedding -0.47% 7.Belt 0.44% 7.Polyester -0.21% 8.TR Fabric 0.44% 8.Window Scr

Cotton yarn market again lost ground, and participants were holding bearish expectations over the future trends amid sluggish sales. In the week ended 15 May 2015, cotton yarn markets showed signs of weakness. In China, sale/ production ratios reported fell at some spinning mills in China while outlook turned even gloomier given the increase in inventory levels. Prices were unchanged due to a lack of demand from downward processors. In Shengze, 32s cotton yarn was pegged in the range of US$3.37-

ICE cotton futures had their largest single-session decline in more than six months on Monday due to fund profit-taking after three consecutive days of gains and substantial strengthening of the US dollar. "There's certainly room under this, another penny or two below this on the July contract," said Gideon, Missouri, cotton buyer Barry Bean. Despite its extensive losses, he noted, cotton remained locked in the tight trading range of recent weeks. July cotton on ICE Futures US settled down b

Textile Raw Material Price 2015-05-18 Item Price Unit Fluctuation Date Crude Oil WTI 59.69 USD/Barrel -0.32% 2015-05-18 Crude Oil Brent 66.81 USD/Barrel 0.33% 2015-05-18 PX 962 USD/Ton -0.82% 2015-05-18 PTA Buy 5100 RMB/Ton 0% 2015-05-18 PTA Sell 740 USD/Ton -1.99% 2015-05-18 MEG Buy 7700 RMB/Ton 0% 2015-05-18 MEG Sell 1000 USD/Ton 0% 2015-05-18 CPL Buy