Home / Knowledge / News / Textiles / Daily worldwide cotton market report
Daily worldwide cotton market report
02
May '09
Last night in New York futures market, July 09 closed at 57.20 with a gain of 285 points , while the volume traded under July was 18021 contracts , the October 09 closed at 59.20 with a gain of 294 points with a volume of 226 contracts , while the December 09 closed at 59.90 with a gain of 244 points the volume of business under December cover was 3590 contracts . The A index declared settled at 59.60 with an increase of 35 points.

The spot rate of KCA moved once again and posted itself to a declared settlement of Rs. 3600/=, with an increase of Rs. 50/= today . Domestic market still is in an inactive phase , still lacking activities , but some contracts brought to papers of about 4000 bales from Khanpur at Rs. 3700/= . 400 bales of Daharki sold at Rs. 3650/=, 200 bales of Ghotki sold at Rs. 3525/= .

Nylon market prices are sharply rising in China from the very low level reached in the first quarter this year. Caprolactam recently surged in Asia, mainly due to a lack of supply, therefore boosting prices in the nylon 6 chain. Filament prices may further increase to restore margins of polyamide fiber makers.

Wool prices again surged in Australia this week, whatever the rise in the local currency. A continued lack of supply pushed wool to a six-month high. Prices should stay very firm until August.

Polyester prices further rose in the last two days in China, with staple fibers finally gaining 25 cents per kilo in April. Such a surge should be confronted with the need for China's textile industry to cut its production costs in order to overcome the global economic crisis.

US cotton pullover imports strongly fell in the first two months of the year, being negatively affected by the economic recession. Shipments from China however surged while strongly rising from a small number of other Asian countries. Central American suppliers are confronted with a dramatic decline in US orders.

Ghulam Rabbani & Co.


Must ReadView All

Textiles minister Smriti Irani lighting the lamp to inaugurate the 6th edition of the International Apparel and Textile Fair ‘VASTRA 2017’, in Jaipur. Courtesy: PIB

Textiles | On 22nd Sep 2017

Placement rate in textiles sector is 70%: Indian minister

The recent high growth of foreign direct investment (FDI) in the...

Apparel/Garments | On 22nd Sep 2017

New US FTC rule for RN used on textile product labels

The US Federal Trade Commission recently streamlined requirements...

Textiles | On 22nd Sep 2017

Messe Frankfurt acquires Source Africa, ATF textile shows

Messe Frankfurt, one of the world´s leading trade show organisers,...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

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

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Larry L Kinn
Suominen Corporation

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Mike Hoffman
Gildan Activewear SRL

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

Tony Ward
Tony Ward

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

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

September 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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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