Textile Cotton Fabric Exporter

18 October 2008  - Mexico's Secretaria De Economia: Removing Compensatory Tariffs On Textile And Clothing Imports From China And Implementing Progressively Declining Tariffs Under Bilateral Agreement With China.  - Brazil's Ministry For Industry: Anti-Dumping Tariffs On Viscose Fibers From Austria, Taiwan and China.  - Canada Border Services Agency: Outward Processing Remission Order (Textiles and Apparel) Program.  - U.S. House's Ways and Means Committee: Requesting Textile Import Monitoring From China. 

14 October 2008 - Nylon prices began strongly falling in China, in line with a declining demand from textile processors. Raw material costs are dramatically decreasing with caprolactam losing 13% in a single month on China's market. Large inventories of polyamide fibers in the region may continue putting pressure on prices in the coming period.

14 October 2008 - Cotton prices dramatically fell over the last week, in line with the sharp decline in stock and commodity markets. Prices however remain at relatively high levels when considering the long-term period, as reflected by our historical graphs. Domestic markets started plunging in the last week in China, India and Pakistan, under arrivals of fresh production from the new crop. Cotton yarn prices are also sharply falling at the same time, resulting in a very weak demand on the textile market.

12 October 2008 - Polyester intermediate prices sharply declined in the last week in Asia, resulting in a strong fall in PSF prices in China. The general decrease in stock and commodity markets heavily depressed crude oil prices, with naphtha, paraxylene and glycol prices plunging over the week. PTA prices more resisted after China's major supplier Hualian Sunshine was forced stopping production due to financial difficulties.

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10 October 2008 - Yarn export prices started heavily falling since the first part of October in Pakistan, as a result of lower demand from Europe and the Far East. Domestic cotton prices are also sharply declining as first arrivals from the new crop are significantly higher than a year ago. Polyester prices were again lowered, in addition, with a new decline in spun polyester yarns now in sight

9 October 2008 - Yarn prices are now declining on Pakistan's domestic market, following a similar decrease in prices of cotton and polyester staple fibers. Demand was also weakened by just ended Eid holidays. Both 100% cotton and blended polyester-cotton yarns were affected by the general retreat, as reflected by the series of statistical tables from our Pakistan Correspondent.

9 October 2008 - Cotton prices further decreased in the last three days in line with the fall in stock markets all over the world. Physical demand is not yet reacting to the sharp decrease in prices, probably anticipating lower levels in the near term. Yarn prices are also in strong decline, as the textile recession makes some progress

October 06, 2008 Due to Lack of government support in Pakistan, swelling cost of production, law and order situation, political turmoil and continued disruption of utilities supply to industries have brought down the export of readymade garments by almost 35 percent during August 2008, as compared to July 2008.

October 05 2008 US imports of 100% cotton and Poly Cotton bed sheet sets were down over the first half of this year, mainly due to a sharp fall in shipments from Pakistan. China continued gaining market shares while India further raised its prices, therefore making strong progress in value terms. Pakistani specialists are losing ground on the lower end of the market while India is increasingly imposing its quality products on the upper end.

05 October 2008 - Polyester staple fiber prices were lowered by mid-September in Pakistan in line with the current trend in the global market. Spun yarn prices also decreased as a result, for both 100% and polyester-cotton prices. The decline in cotton prices depressed demand for PSF. Polyester filament prices slightly rose by contrast, our Pakistan Correspondent reports.

Textile fiber prices started seriously decreasing on the three major textile producing countries in Asia like Pakistan , India and Bangladesh. Both cotton and polyester are expected being offered in large quantities while demand is weaker from spinners in line with the slowing down global economy. Prices are more sharply declining in US$ terms, in addition, as Indian and Pakistani currencies are seriously sliding while the yuan is no more rising. Compared with cotton, polyester prices dramatically decreased in India, with a possible shift by spinners from cotton to PSF, as a result