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

Prime Minister Theresa May speaking on the UK government's negotiating objectives for exiting the EU. Courtesy: UK government

Textiles | On 18th Jan 2017

UK to pursue trade agreements with other countries

The United Kingdom will pursue free trade agreements with the EU and...

Courtesy: Alibaba Group

Apparel/Garments | On 18th Jan 2017

Alibaba forges global alliance to fight counterfeiting

Jack Ma led Alibaba Group has forged an alliance with various global...

Information Technology | On 18th Jan 2017

eBIZ 4.0 to digitise European fashion supply chain

eBIZ 4.0 is a new step of eBIZ, the public-private initiative that...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Steve Cole
Xerium Technologies

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search