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

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Jurgen Gauger
Spreadshirt

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

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Larry L Kinn
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

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

Rupa Sood and Sharan Apparao
Nayaab

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

Mike Hoffman
Gildan Activewear SRL

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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