YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Cotton market weakens, viscose jumps

Cotton futures’ uptrend slowed down in the week ended 5th July 2019 amid expectations of massive production in the coming season, largely in India. Meanwhile, Brazil substituted US cotton suppliers on the Chinese markets due to the US-China trade war.

Viscose staple fibre prices jumped in China, fell in India, and remained flat in Pakistan during the week. In China, VSF offers rose further this week amid limited availability and decreasing supply in the markets. A few downstream buyers restocked VSF again this week despite having bought in huge quantities previously.

Related Keywords: Cotton futures, cotton historical prices, cotton market trend, cotton prices, cotton prices in china, cotton prices in india, cotton prices in Pakistan, cotton prices in US, cotton yarn, rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

Viscose, cotton markets remain bearish

Viscose staple fiber (VSF) offers in the Asian markets were lowered again in the last week of May 2019 due to lackluster downstream buying interest amid cautious mentality as a whole. Viscose filament yarn prices were range-bound despite the fall in raw material cost. The market sentiment doesn't seem to improve much and it is likely that it will remain bearish in the coming weeks as well.

Related Keywords: Cotton futures, cotton historical prices, cotton market trend, cotton prices, cotton prices in china, cotton prices in india, cotton prices in Pakistan, cotton prices in US, cotton yarn, rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

Spinning mills likely to revive with trending lower cotton prices

Related Keywords: after a long-drawn struggle, big concern for cotton growers, both domestic and global conditions, cotton prices in india, likely to remain low, recent months, Sankar-6 grade cotton is selling far lower, spinners finding going good, supporting a downtrend in cotton prices., trending lower

Cotton prices in India have been trending lower in recent months and it is likely to remain low for a while for several reasons which is a big concern for cotton growers, but spinners are finding the going good after a long-drawn struggle endured over many quarters. Sankar-6 grade cotton is selling at Rs107 per kg, far lower than the high of Rs130-140 per kg touched in August.

Textile mills to set up warehouse in Colombo for cotton

Related Keywords: cotton buyers, cotton imports in India, cotton prices in india, cotton sellers, cotton shippers, Southern India Mills’ Association, Sri Lanka Ports, textile facilities in Colombo, Textile Industry, Textile mills in southern India, textile warehouses in Colombo

Textile mills in southern India are considering at promoting Colombo as a hub where international sellers and shippers can stock cotton and supply to the mills in south India and also to buyers in other Asian countries. Mills in southern states are expected to import more cotton this year, that is, October 2016 to September 2017.

Cotton price in India rises on fresh demand, leads to hike in yarn prices

Related Keywords: China cotton index, cotton prices in china, cotton prices in india, cotton prices in Pakistan, cotton trade in India, cotton yarn market in India, fabric market in Pakistan, textile mills in India, yarn prices in china, yarn prices in India, yarn prices in Pakistan

In India, cotton prices edged up in the third week of February on fresh demand from domestic yarn mills after prices declined in the previous week. Gujarat Sankar-6 cotton gained INR500 to INR33,600 per candy. Other varieties saw prices gain INR200-800 per candy.

Cotton arrivals in India decline by 19pc on weak demand, stock holding

Related Keywords: arrival of cotton in India, cotton arrival in Gujarat, cotton growing states in India, cotton output of India, cotton prices in india, cotton production of Gujarat, cotton production of India, cotton traders in India, domestic spinning mills, holding capacity of cotton farmers

The total seasonal arrival of cotton in India has dropped by 19% so far this year as compared to arrivals during the same period last year and this is because of the dull demand from domestic mills and increased holding capacity among farmers.

By the end of January 2016, the country's total seasonal cotton arrival was about 17.02 million bales (a bale of 170 kg) as compared to 21 million bales by the end of January 2015.

However, as compared to the total estimated cotton production of 36 million bales, the arrivals of 17.02 million bales forms around 47% of the output.

Cotton price drops due to low demand

Cotton prices tumbled across markets in the last week of July with numbers plunging midweek on fears that China, the world’s largest purchaser of cotton, may continue having problems with its economy. The US weather forecast for the southern US are dry, which emerged as good news for the growing cotton crop.

Benchmark December Futures lost further US cent 0.43 per pound for the week and the near month October contract fell US cents 1.83. The Cotlook A index also lost US cents 0.80 per pound while the China Cotton Index inched down 20 Yuan a ton.

Related Keywords: cotton export to china, cotton price, cotton prices in india, cotton prices in Pakistan

Cotton prices depressed across major markets, yarn follow suit

Related Keywords: cotlook index, cotton prices, cotton prices in china, cotton prices in india, cotton prices in Pakistan, Cotton yarn prices, cotton yarn prices in china, cotton yarn prices in india, cotton yarn prices in pakistan

In early June, YnFx had predicted that cotton prices will remain subdued in June as global supply and demand volumes then pointed to sustained weakness while a number of factors were underpinning the recent improvement. As the month crossed its first half, cotton prices were depressed across major markets on ample supply amid poor demand.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button