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Indian textile industry confident demand to pick up soon

Related Keywords: Chinese demand, Chinese policy on import, cotton and cotton yarn, domestic demand, export to other counrtires, increase in stock availability, Indian textile industry, powerloom weavers, Southern India Mills

With a drop in Chinese demand for cotton and cotton yarn during this financial year, stocks available in the domestic market of India have increased. Though the domestic demand continues to be good for yarn and export to other countries is on, there is a fall in prices because of the increase in stock availability.

According to the industry sources, this trend too depends on the variety of cotton yarn. Export demand for cotton and cotton yarn is expected to revive soon as the Chinese policy on import of cotton and cotton yarn will be clear in a month.

Wool selling season 2013-2014 ending on a quiet note

Related Keywords: Chinese demand, Eastern Market Index, fine Merino wool, Merino prices, wool industry, wool price, wool selling season

The 2013-2014 selling season, though officially over, unofficially wraps up in another two weeks. It can be best described as having had a strong early surge in late August 2013 followed by steady price declines through April that bottomed out in May.

The wool selling season 2013-2014 ended on a quiet note with wool prices in U.S. dollar terms were relatively flat in June after seen a erratic May

Wool market on rise due to strong Chinese demand

Related Keywords: Australian wool industry, Chinese demand, wool market

Wool market moved up with the strong demand from Chinese. The Eastern Market Indicator regained most of its previous week's losses to close at 1128c/kg, up 17c/kg or 29c/kg more than the same time last year due to smaller volumes and higher demand.

According to the Australian Wool Exchange market report, the EMI is now only 1.5 per cent below the 12-month peak recorded in December.

Volumes fell almost 11,000 bales and there were strong orders from a large Chinese operator and exporters keen to finalise orders before the Chinese new year shutdown.

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