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Related Keywords: ability to renegotiate product prices, backdrop of the rising raw material prices, cotton prices, cotton sheet, during current year 2017, home textile exports, India market share, key monitorable, remain flat, rupee appreciation, terry towels, US market

India’s market share in home textile exports to the US (sum of all products) remained flat YoY at 33% during the current year 2017. Ability to renegotiate product prices in the backdrop of the rising raw material prices and rupee appreciation will be the key monitorable.

India’s market share (in dollar terms) in cotton sheets increased 1ppt YoY to 50% in CY17. India has been consistently gaining a 1ppt market share in cotton sheets each year since CY12.

Related Keywords: after dull trading activity cotton market, cotton bales, cotton prices, falling cotton prices, impacted phutti negatively, KCA, KCE, moving further lower on Tuesday, Punjab quality, Sindh variety, Spinners, spot rate, Textile spinning sector

Cotton prices moving further lower on Tuesday after dull trading activity at cotton market. Falling cotton prices also impacted phutti (seed cotton) negatively, with Punjab quality being quoted between Rs2,700-2,900 and Sindh variety in the range of Rs2,700-3,300 per 40kg. Previously phutti prices were being quoted between Rs2,900-3,500 per 40kg.

However, some buying interest was noted at the lower level as many spinners preferred to cover up their positions amid falling cotton prices.

Related Keywords: acrylic staple fibre prices in China, asf prices in Asia, cotton fibre market in India, cotton prices, nfy prices in China, nylon filament yarn prices in China, pfy prices in China, pfy prices in India, pfy prices in Pakistan, polyester filament yarn prices, polyester staple fibre prices in China, psf prices in China, psf prices in India, psf prices in Pakistan, vfy prices in Asia, viscose filament yarn prices in China, viscose staple prices in China, vsf prices in Asia

Polyester staple fibre prices in December 2017 slipped in China amid cautious buying sentiment during the month. PSF manufacturers also reduced the operating rate due to insipid trading sentiment. In Pakistan, PSF prices inched up this month as demand was strong in polyester market. In India, PSF offers were steady during the month. In China, 1.4D PSF was down US cents 3 a kg as compared to November. In India, 1.2D PSF prices were up US cents 2 a kg from last month.

Related Keywords: Cotton market, cotton prices, fairly moderate activity, Ginners, import options, Karachi Cotton Association, replenished stocks at lower level, revival of buying interest, Spinners, spot rates unchanged, substantial export orders, trading ring

Cotton prices stabilizing on Tuesday at cotton market with the revival of buying interest at the lower level. Many small- and medium-sized spinners actively rep­lenished their stocks at the lower level. Consequently, fairly moderate activity was noted when trading ring closed. How­ever, activity remained res­tricted as many leading spin­­ners looked for import options.

Related Keywords: cotton prices, maunds, spot rates of cotton, textile expenses

The spot rates of cotton have reduced by Rs100/maund as recorded at the Karachi Cotton Exchange. The spot rates decreased to Rs6,450/maund (37.324kg) and Rs6,912/40kg. Ex-Karachi rates also fell to Rs6,595/maund and Rs7,067/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

An analyst said the spot rates declined because of an increase in the arrivals. He added that demand remained still high in the market, but any arrival in bulk or decline in quality will decrease the prices.

Related Keywords: 700 per quintal, 800 per quintal, attributed dip in prices, cotton prices, current trend in international market, despite area under cotton cultivation, former North India Cotton Association, gone up considerably in the state, initially touched Rs4, inventory piling up, now come down to Rs4, off take of yarn sluggish, president Ashok Kapur

The cotton prices that initially touched Rs4,800 per quintal is now come down to Rs4,700 per quintal despite the area under cotton cultivation has gone up considerably in the state, the former North India Cotton Association president Ashok Kapur attributed the dip in prices to the current trend in the international market. The farmers arriving with their produce in the grain market here are dejected with the low prices.

In India, prices of 30s combed cotton yarn for knitting fell INR4 a kg in the first week of September (down US cents 7 a kg) in Ludhiana in line with weak fibre cost during the week. Prices have declined for more than 5% since first week of August.

Related Keywords: cotton prices, cotton yarn market in India, cotton yarn prices in china, cotton yarn prices in pakistan, cotton yarns prices in India

Related Keywords: behind low acreage, biggest crop producer Punjab, cotton prices, cotton production, fell short of targeted cultivation area, Pakistan Cotton Ginners Association, Pakistan government revises cotton output target, proactive in training of farmers, ten percent for current season, water shortage attributed main reason

Pakistan government revises cotton output target by 10.26 percent to 12.60 million bales for the current season of 2017/18 over an earlier target of 14.04 million bales as the country’s biggest crop producer Punjab fell short of targeted cultivation area for the current year as it was missed by 11.4 percent compared with the official target, which would translate into 12 percent drop in production. Water shortage was attributed as a main reason behind low acreage, officials said on Thursday.

Related Keywords: avoid shortage, control fluctuation, cotton availability position, cotton prices, cotton season, directed Cotton Corporation of India, domestic mills, ensure availability of cotton, from time to time, Government of India, government reviews, Micro Small Medium Enterprise category, purchased under MSP, sell its stock of cotton, spinning mills

Government of India to control fluctuation in cotton prices and ensure availability of cotton for domestic mills has directed Cotton Corporation of India Ltd. to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to Spinning Mills in the Micro Small Medium Enterprise (MSME) category.

The Minister of State, Textiles, Ajay Tamta in a written reply to a Lok Sabha question said that government reviews the cotton availability position from time to time.

Related Keywords: All Pakistan Textile Mills Association, announcing closing down, APTMA, cotton prices, delay in releasing refunds, global prices, higher cost of doing business, local markets, over dull attitude of the government, slow and diminish trend, Textile mills, witnessed sharp drop

All Pakistan Textile Mills Association (APTMA) after announcing its decision that they are closing down their textile mills over dull attitude of the government, delay in releasing refunds and higher cost of doing business, the local markets witnessed sharp drop in cotton prices.

The chairman Cotton Ginners Forum, Ahsanulhaq from Rahim Yar Khan said that on the first day of trading session at cotton market, the cotton prices dropped sharply by Rs 300 to Rs 6100 per maund.