Textile Cotton Fabric Exporter

15 January 2009 - Inflation rates are back to more normal levels in emerging countries, after the energy and food crisis pushed up prices in the first part of 2008. Sharp differences are however reported depending on countries. With currency values often down in 2008 against the US dollar in addition, textile and clothing exporters may more easily overcome the global economic crisis, as reflected by our data.

15 January 2009 - Spandex prices again slided in the past two weeks although some stability may be in sight for the coming period, as production falls in China. Demand from Chinese textile companies is declining ahead of holidays and raw material costs are further decreasing in Asia, including MDI, BDO and PTMEG.

15 January 2009 - Polyester prices remained stable in the past days, even slightly increasing on certain market places. Crude oil futures sharply declined by contrast but an overall reduction in production is protecting the whole polyester chain form new price decreases. Paraxylene began however declining after significantly rising until last Tuesday.

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.