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Despite firmer upstream energy rates, PTA prices marched lower in Asia in the past week over the preceding week. In FE Asia, average prices were recorded at US$ 844 per metric ton in the last week. In SE Asia, average prices were settled at US$ 854 per metric ton in the prior week as compared to the previous week. Average prices in India were assessed at US$ 855 per metric ton as against the earlier week.
International Cotton average prices edged higher due to bullish buying trends in the former week. In China, cotton average prices rose due to positive buying conditions in the preceding week. Cotton average prices sharply jumped in India during the last week due to improved product demand.
Price library is a sequential database of historical as well as current prices of major fibres and intermediates used in Textile Industry. Price Library would be of great help in understanding the dynamics of prices vis-a-vis the historical & current price trend of major trading regions represented in tabular and graphical format...
Indian exports of textile and clothing witnessed a downfall starting August 2015 while imports remained steady. India's textiles exports are set to record a marginal decline at $40 billion in the financial year 2015-16 as compared to $41.4 billion reported in the previous financial year. The marginal decline in textiles exports is being attributed to a slowdown in global economy but, definitely the slowdown in the Chinese economy is an opportunity for India to grab larger market share in global textile trade.