Home / Knowledge / News / Textiles / Prices of all fibres expected to hike in short term
Prices of all fibres expected to hike in short term
04
Aug '12
According to experts, prices of all fibres are set to increase in the short term.

According to Chinese Customs, China imported 108,300 tons of cotton yarn in June 2012, which is 13.33 percent higher than a year earlier. During the same period China exported 38,700 tons of cotton yarn. Imports overshot exports by 69,600 ton.

The cotton price in Indian market is all set to increase as Chinese cotton imports continue to surge. Cotton imports shot up 30 percent y-o-y between Sept 2011 and June 2012. Chinese cotton yarn imports too reached 1.02 million tons whereas, exports declined by 11.90 percent to 225,500 tons.

In the Indian market, prices of Sankar-6 raw cotton too have risen around 9 percent since the beginning of July from around Rs 34,500 per candy (1 candy = 355 kg) to Rs 37,500 per candy on August 3. Experts opine that prices will rise higher in the short term.

In Polyester fibre market, PSF manufacturers in Asian region are facing pressure from higher feedstock price as crude oil price shot up drastically last week which is expected to maintain this level despite the European crisis.

PTA and MEG price was around US$ 1010/ton and $ 960/ton respectively in Asian market, yesterday. In F E Asian market, PSF prices were offered at US$ 1470/ton, but according to market experts it is expected to increase further.

Due to similar reasons, price of ASF is also expected to touch level around US$ 2380/ton which is at present US$ 2345/ton to US$ 2355/ton in China, Japan and S Korea, respectively. Acrylic fibre trends have increased drastically in last few days and hence ASF users are afraid of further price hike.

In the Indian markets, VSF price too is quoting at high levels of around US$ 2100/ton to US$ 2125/ton and is expected to touch levels of US$ 2150/ton in near future. 

Fibre2fashion News Desk - India


Must ReadView All

Bangladesh garment exports rise 7.46% in July-Nov '17

Apparel/Garments | On 11th Dec 2017

Bangladesh garment exports rise 7.46% in July-Nov '17

Readymade garment exports from Bangladesh increased 7.46 per cent in...

Karl Mayer opens new workshop in Vietnam

Textiles | On 11th Dec 2017

Karl Mayer opens new workshop in Vietnam

Karl Mayer, Germany’s leading textile machinery firm, has announced...

Cotton USA promotes cotton at TITAS Taiwan tradeshow

Textiles | On 11th Dec 2017

Cotton USA promotes cotton at TITAS Taiwan tradeshow

Cotton USA, which promotes US cotton fibre and manufactured cotton...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Urmil Arya

Sushila International, a well established textile organisation established ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.2%
No
12.1%
Skip
18.7%

Total Votes: 91

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
30.8%
Skip
7.7%

Total Votes: 91

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.8%
No
9.9%
Skip
3.3%

Total Votes: 91

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.3%
No
8.8%
Skip
9.9%

Total Votes: 91


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search