Textile Cotton Fabric Exporter

3 December 2008 - Apparel import prices may rapidly decline on the US market, as a result of the current drop in retail sales. Latest official data are giving first signs of deflation, especially for woven apparel or T-shirts, according to our series of statistical tables. The continuous rise in the dollar, the dramatic fall in raw material costs and the removal of US quotas on imports from China should offer new opportunities for lowering prices in 2009.

3 December 2008 - Viscose prices further fell in the past two weeks in China. If staple fiber prices less sharply declined than in prior period, filament prices dramatically decreased. Demand from spun yarn producers is also depressed by a new drop in viscose yarn prices. The stabilization in polyester prices and the rebound in cotton prices did not help until now.

3 December 2008 - Spandex prices took another dip in the last two weeks in China, again reflecting lower raw material costs and a further declining demand from the textile industry. Producers continued slashing operating rates. Although export rebates were increased, the spandex market is no more expecting a rebound in sales in the short term.