Textile Cotton Fabric Exporter

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.

Satin and Percale Fabric is available on very competitive prices at http://www.satinfabric.co.cc