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Search Results for: trading week

Spun yarn prices weak in March, blame fibre market?
Cotton yarn markets were in weak corrections during March 2015, seeing prices for low/medium-end yarn in downswing. In China, overall demand was deemed limited, and sellers faced poor margins with
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
Textile exporters hit hard as euro tumbles
Businesses close to home and individual textile exporters in Tirupur, Tamil Nadu, who have sizeable exposure to the currency, have been hit hard after the recent drop in the currency’s
Cotton prices showing signs of recovery over the last one month
In the last week of January cotton prices ruled at at Rs14,420 a bale (170 kg) – near a five-year low which is some 14 percent below the levels seen at beginning of the cotton season, which
Polyester feedstock and intermediate prices on the rise despite China on holiday
Polyester feedstock – ethylene and paraxylene and intermediates – purified terephthalic acid and mono ethylene glycol, prices are moving up now. In the week ending 20 February, although
Britain, Mexico stronger trade link to boost Yorkshire textile sector
Strong trade link between Britain and Mexico likely to boost up textile industry of Yorkshire, as, trade between the UK and Mexico is enjoying double-digit growth, with bilateral trade in 2013
Ending of subsidy for Egyptian cotton farmers raise concern over future yield
The Egyptian government has long given subsidies to cotton producers to make up for the gap between the high price of Egyptian raw cotton and the final price of products, which can be less than total
Unstoppable drop in polyester chain pricing led by crude oil
The free fall in crude oil prices continued in the week of 5 December with both benchmarks hitting their recent lows. US crude oil closed at its lowest since July 2009 while Brent fell below US$70 a
Indian cotton ginning units running below capacity due to less demand and low price
The ginning industry of India is staring at slowdown, on account of subdued demand and disparity in price. According to industry sources, ginning units are running below 65-70 per cent capacity.
TCP to start buying one million bales of cotton from farmers this year
The Trading Corporation of Pakistan (TCP) has not been in the business of cotton purchase since 2005-06, but this year after a decision taken by the Economic Coordination Committee (ECC) the
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