Home / Knowledge / News / Textiles / Import prices of cotton & polyester plunge sharply
Import prices of cotton & polyester plunge sharply
12
Feb '09
In the period Jan 30 to Feb 10, the import price of cotton continued moving southwards from all markets that supply cotton to Vietnam as a result of a slowdown in demand, informed an official source from MOIT.

Prices of cotton quoted from the US, registered the biggest drop and in the process fell by 12.1 percent to stand at US$1,447 per ton in comparison to the same period of the previous month.

Prices quoted by cotton suppliers from Mozambique also plunged by 9.5 percent to $1,340 per ton while cotton imported from Brazil dropped a nominal 1.2 percent to touch $1,591 per ton.

Moving on the same trends, import price of polyester in the week ended Feb 10, also descended sharply in almost all markets. Polyester imported from Indonesia was quoted at $1.52 per kg, down 8.4 percent compared to same period of Jan '09 and a fall of 28.5 percent when corresponded with the same month in 2008.

However, prices quoted by Korean polyester manufacturers witnessed a increase of 14 percent at $4.46 per kg, but at the same time import prices quoted by Malaysian producers dropped by 5.6 percent.

Fibre2fashion News Desk - Vietnam


Must ReadView All

Courtesy: Fancycrave.com from Pexels

Apparel/Garments | On 22nd Jun 2018

EU's retaliatory duty on US apparel takes effect

As part of the three-pronged response outlined by the European...

NCC applauds House passage of farm legislation

Textiles | On 22nd Jun 2018

NCC applauds House passage of farm legislation

The National Cotton Council (NCC) of the US has welcomed the passage...

Courtesy: Roman Pohorecki from Pexels

Apparel/Garments | On 22nd Jun 2018

UK launches inquiry on sustainability of fashion industry

The Environmental Audit Committee of the UK Parliament has launched...

Interviews View All

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search