Home / Knowledge / News / Textiles / Rise in MMF prices traced back to rapid run up of cotton
Rise in MMF prices traced back to rapid run up of cotton
05
Jan '11
The price increases we felt in Q4 2011 for most of the major synthetic fibers could be traced back to a rapid run up in the price of cotton, causing increased demand for other fibers and creating a market where speculation drove prices higher.

Cotton prices rose from an August 2010 daily range from 86 - 94c/lb to a peak of $1.72/lb in 2nd week of November and then retreated back into the $1.40s and $1.50s until mid December when prices rose again peaking at $1.86/lb on Dec 21.

We can expect cotton to remain at high prices at least until the next Northern Hemisphere crop is in sight (Q3 2011) and there will either be a confidence that stocks will improve or that supply will continue to be tight.

The ICAC forecast is for production to increase 9% in 2011/12 season which will lead to a better inventory situation, but obviously the harvest is strongly influenced by weather conditions.

The Synthetic Yarn and Fiber Association is a non-profit organization comprised of individuals affiliated with the synthetic yarn and fiber industry. Representation in the industry includes fiber producers, texturizers, knitters, weavers, and dyeing & finishing personnel. Additionally, raw material suppliers, equipment manufacturers, and service providers related to the industry are valuable contributors to the organization.

Synthetic Yarn and Fiber Association


Must ReadView All

Courtesy: European Commission/European Union

Textiles | On 26th May 2018

EU set to negotiate FTAs with Australia & New Zealand

The European Union is all set to begin negotiations for free trade...

US bans import of cotton goods from Turkmenistan

Textiles | On 26th May 2018

US bans import of cotton goods from Turkmenistan

The US Customs and Border Protection (CBP) has issued a Withhold...

FPCCI prepares report on Pakistan's export issues

Textiles | On 26th May 2018

FPCCI prepares report on Pakistan's export issues

Federation of Pakistan Chambers of Commerce and Industry (FPCCI)’s...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Headhonchos
Textiles & allied industry

Textiles industry is always in the forefront in accepting latest technology

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Sandip Bhojani, Manthan Patel

Krypthm Tradelink LLP is a Surat-based manufacturer of westernwear....

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

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...

Giorgio Mantovani
Corman S.p.A

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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


May 2018

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

news category


Related Categories:

Advanced Search