Textile Cotton Fabric Exporter

14 January 2009 - US apparel imports sharply declined in November, reflecting a larger fall in woven apparel shipments than for knit apparel. Imports from China were supported by a surge in quota categories ahead of 2009 liberalization. Other Asian countries resisted on the knit apparel market while shipments of woven apparel were seriously falling. US imports from Vietnam were already slowing down in November while strongly rising from Bangladesh.

14 January 2009 - India's cotton yarn exports further weakened in the past weeks, as a result of a slowing down global apparel market while domestic cotton prices remained above the international level. Demand is shifting from 100% cotton to blends, especially from Bangladesh. Viscose yarn exports again fell although prices were heavily discounted, our Correspondent reports.

14 January 2008 - Nylon/Polyamide prices are sharply falling in China, in line with a reduction in demand and lower caprolactam prices. The crisis of the automotive industry is putting pressure on nylon prices, as demand for tyre cord fabrics is dramatically down. Caprolactam prices should further decline in the near term, in line with crude oil and benzene prices, in addition.

13 January 2009 - US apparel imports stagnated or even declined in the second part of last year in most important categories, according to just released US official data. Shipments from China surged in categories where quotas have been eliminated at the end of 2008 to the detriment of competitors in Vietnam and Indonesia, according to our first review of 2008 statistics covering the US apparel market. China's shares are apparently set to rapidly increase in these categories in the first months of 2009.

13 January 2009 - Cotton yarn prices are this month down in India, in line with a shift in demand to polyester spun yarns and blends. Prices of polyester-cotton and polyester-viscose are therefore rising. Cotton yarn makers are now trying to reduce their stocks and to cut production while India's output is increasing for polyester-cotton yarns, our Correspondent reports. Strong efforts are being made to reduce the price of combed yarns, in addition.

13 January 2009 - Polyester prices very slightly increased in the past seven days on China's market, reflecting some firmness in raw material costs. Although crude oil prices are sharply falling this week, the Asian paraxylene market is resisting and this should offer some serious support to the polyester market in the near future, even with a slowing down demand ahead of new year holidays.