Textile Cotton Fabric Exporter

19 January 2009 - Demand for cotton is apparently bottoming out in Asia, reflecting a similar rise in cotton textile production from the very low levels of the end of last year. Cotton lint prices significantly increased in Pakistan with domestic demand shifting to the international market as a result. In India, state agencies continue procuring large quantities, therefore supporting prices and accumulating huge stocks which could put pressure on prices in the second part of the year.

19 January 2009 - Prices stayed very firm in the Asian polyester pipeline in the past week, although crude oil prices further slided. The paraxylene and PTA markets are still supported by tight supply after operating rates were reduced in the last two months. The rise in PX prices may however end in the very short term while global glycol suppliers did not increase their February nominations, as reflected in our series of tables and graphs.

19 January 2009 - Viscose prices are no more rising in China although yarn production is progressively falling to very low levels ahead of holidays. A very sharp reduction of production at various stages of the viscose pipeline is behind the stabilization, with raw material costs and spun yarn prices staying unchanged since the start of the year.

16 January 2009 - Apparel exports from Bangladesh surged in the second part of 2008, as US and EU retailers progressively turned to lower-priced products. A relatively low inflation rate and large availability of cheap raw materials are offering a strong opportunity to Bangladeshi clothing industry. With US textile quotas now removed on Chinese products, however, and the recession reducing demand from EU and US markets, domestic exports could less strongly rise in the near future.

16 January 2009 - Hong Kong Trade and Industry Department: China's Textile Export Licences. - U.S. Trade Representative: Retroactive Duty-Free Access for Costa-Rican Apparel. Textiles Withdrawn from Beef Hormones Sanction List. - U.S. Customs: Costa Rica's DR-CAFTA Implementation. Intellectual Property Rights: FY 2008 Seizure Statistics. - U.S. ITA: Webinar over US Textile Trade Programs in Post-Quota World. - U.S. Consumer Product Safety Commission: Recall of "Infant Garments" from China. New Lead Content Limits.

16 January 2009 - Wool markets experienced very different trends this week, back from a long Christmas recess. Prices declined in US$ terms in Australia while unchanged in A$ terms. They rose in South Africa in rand terms while unchanged in US$ terms. Wool prices increased in New Zealand in NZ$ terms but declined in US$ terms.