Textile Cotton Fabric Exporter

2 February 2009 - Cotton prices finally retreated in the past week after reaching a level not seen in New York since last October. While commodity markets were declining, physical demand was too poor on the international market to sustain the rally any longer. Falling demand from China this year and large stocks being accumulated by state-controlled organizations will continue putting pressure on cotton prices.

2 February 2009 - Polyester prices clearly rose in China as buyers were progressively returning from their holidays. Polyester intermediate prices stayed unchanged after significantly increasing in the pre-holiday period. New shutdowns were planned in Asia which should offer some support to PTA prices in the near term. With China's capacities being also expanded, however, there is no strong jump in prices expected in the coming months.

30 January 2009 - A planned free-trade agreement between the European Union and India would have strong consequences for textile and clothing sectors. Apparel exports from India would be seriously boosted while European investment in India may blossom in order to benefit from soaring retail sales in the country, according to a just released report which was commissioned by the European Union.

30 January 2009 - Brazil Renounces in Expanding Automatic Import Licences on Textiles and Apparel. - Argentina's Anti-Dumping Duties on Zippers from China and Peru. - WTO Rules Against China on IPR Laws. - U.S. Customs Intercepts Counterfeit Clothing. - U.S. Department of Labor Reports About Labor Conditions in CAFTA-DR Countries. - EU and US Lists of "Dangerous Products".

30 January 2009 - Wool prices were slightly down on major markets of the Southern hemisphere this week, reflecting poor demand from China while the Australian dollar and the rand were higher than in previous week. Buyers were made cautious by the poor economic environment, clearly expecting lower prices in the short term

29 January 2009 - India's apparel exports are slowing down in line with economic recession in the United States and the European Union. Labour and transport costs are no more rising in India however, while raw material prices relatively fell. The rupee's decline and some financial support from the government are also expected supporting apparel sales to international buyers in the coming period, as export prices will be further reduced, our India Correspondent reports.

29 January 2009 - Spandex market prices remained relatively unchanged in the last days before new year holidays in China. Demand was extremely low as downward textile production was falling. Raw material prices were also unchanged in Asia. The spandex industry is still looking for a bottom in prices, by contrast with other fiber markets.