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Related Keywords: asian nylon, cotton price, decline, European synthetic fiber, fashion, global synthetic fiber, polyester, price, spandex prices, synthetic fiber, textile product.

In Asia, the world’s largest fiber-producing region, the prices of synthetic fiber witnessed decline by 2.5% in the month July compared to the same month last year after rising during a few weeks in June. Though an improvement compared to June’s 4 percent drop, there is no indication that demand has return to normal in Asia.
 
However, in China rationalization of polyester supply has kept prices from dropping further. Polyester prices are being pressured by falling cotton prices and a lack of strength in mill demand.
 

Related Keywords: cotton bales, cotton further, cotton price, cotton trading, mill, Pakistan textile sector, seed cotton, spinner, spot rate

As mills and spinners took interest in fresh buying to cover their immediate needs some swift trading was witnessed on the cotton market on Wednesday. In ready session, approximately 15000 bales of cotton changed hands between Rs 5350-5550, however, prices of seed cotton in Sindh and Punjab dropped modestly to Rs 2650-2700. The official spot rate increased further by Rs.75 to Rs5375.
 

Related Keywords: cotton buying, cotton export, cotton price, cotton season, cotton yarn export, ICAC report, new crop arrive, Oswal, spinner, textile mill

Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month, supply will improve and prices will drop.
 

Related Keywords: cotton price, cotton yarn, Pakistan cotton market, phutti, Spinners, Trading on ready counter, world market, yarn

Cotton prices in the local Pakistan market continued to remain under pressure on Monday because of slowdown in demand for yarn in line with the trend in world market.
 
Most of the cotton growing countries are expected to harvest bumper cotton crop this season are also keeping prices under pressure.

Besides, slow demand for cotton yarn in the domestic and world markets is also affecting rates.
 

Related Keywords: China, coarser and medium count, Confederation of Indian Textile Industries, cotton price, EU, Indian yarn shipment, lesser demand, Pakistan GSP plus status, plunge, SIMA, yarn export, yarn price

Indian yarn shipment plunged to about 100 million kg in April and, according to industry estimate, further to 90 million kg each in May and June, after clocking average monthly exports of about 120 million kg in 2013-14, which was 33% more than the previous year.

In the first quarter ended June, yarn exports witnessed decline by about 20% year-on-year, with China reducing its fabric production due to which lesser demand from China, there has been an impact on yarn imports.

Related Keywords: cotton price, International cotton advisory committee, Polyester price, production, Worl cotton consumption

World cotton consumption is projected to upsurge by five percent to touch 24.5 million tons, while cotton production to stand at 25.5 million tons in 2014-15, down from 26.1 million tons in 2013-14, according by International Cotton Advisory Committee (ICAC) as cotton and polyester prices congregate.
 

Related Keywords: Agrp Marketing Intelligenc and Business Promotion Centre, cotton price, cotton stock, cotton trader, selling and sowing decision, Tamil Nadu farmer

Agro Marketing Intelligence and Business Promotion Centre in Tamil Nadu Agricultural University conducted an analysis in Konganapuram Cooperative Marketing Society and also with cotton traders, to educate the farmers about the selling and sowing decision.

It revealed that farmers in Tamil Nadu have a stock of 0.25 lakh bales of 170 kgs each of cotton, since February, expecting higher prices, if export demand picked up.

Related Keywords: apparel, China policy, cotton fiber, cotton price, spot cotton prices, U.S. Department of Agriculture, US average spot price, yarn and garment producer

On the outlook that China will start releasing its huge reserves of cotton fiber, and on forecasts of weakening demand for apparel in key markets around the world, there is have been a drop in spot cotton prices since the beginning of July.

The seven-market U.S. average spot price has declined by almost $0.06 in the first two weeks of July, 7 percent below its price at the end of June and $0.17 (20 percent) below the recent high it reached in early May.

Related Keywords: cotton price, Ginners, ginning factories, Karachi Cotton Association, lint prices, Pakistan cotton market

Pakistan cotton market has been witnessing a continued downward trend in cotton prices throughout this week. Lint prices have been declining regularly and the cotton market is quite bearish. The ex-gin price as determined by the Karachi Cotton Association (KCA) lost Rs 300 per maund (37.32 Kgs) of grade III cotton.
 

Related Keywords: cotton price, Ginners, lint consumption, Pakistan cotton market, Spinning mill

Pakistan cotton market which witnesses stability or increase in prices especially during the starting months of the season every year, sees the prices taking a drop by up to Rs600 to Rs6,000 this time. Further due to the cutback in lint consumption, prices came under pressure on Wednesday on the cotton market.
 
According to cotton broker, the prices of seed cotton (phutti) have also declined as the prices of cottonseed (Banola) have seen a drop of Rs150, to Rs1,800. The Karachi Cotton Association (KCA) reduced its spot rate by Rs100, to Rs6,100.