After the recent downward pressure faced at the wool market, this week's auction of 7300 bales of South Island wool saw a firm to dearer market with an 86 per cent clearance rate. A continual flow of buyer interest with limited volumes of desirable wool types combined to balance the wool market John Dawson, general manager of New Zealand Wool Services International Limited's said that the weighted indicator for the main trading currencies lifted slightly by 0.58 per cent, compared to the Feb

Textile Raw Material Price 2014-02-27 Item Price Unit Fluctuation Date Crude Oil WTI 102.59 USD/Barrel 0.75% 2014-02-27 Crude Oil Brent 109.52 USD/Barrel 0.01% 2014-02-27 PX 1228 USD/Ton -0.89% 2014-02-27 PTA Buy 6220 RMB/Ton -0.48% 2014-02-27 PTA Sell 882 USD/Ton -0.34% 2014-02-27 MEG Buy 6520 RMB/Ton -1.95% 2014-02-27 MEG Sell 880 USD/Ton -3.3% 2014-02-27

High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China Monday, down $14/mt from last Friday and the lowest level seen since July 26, 2012, when it was assessed at $911/mt. The price of MEG in the domestic China market was assessed Monday at Yuan 6,700/mt ex-tank, down Yuan 25/mt from last Friday, and at the lo

U.S. cotton futures rebounded from two days of declines to rise nearly 2 percent on Thursday, their most in a month, as speculators returned to support the market despite sharply lower export numbers for the fiber. Data from the U.S. Department of Agriculture showed all upland export sales of cotton at 27,100 bales last week, which traders said was a marketing year low for the 2013/14 crop. The exports were 62 percent down when compared to USDA data released the previous week, and 87 perce

Top 10 Categories in Rising Top 10 Categories in Rising 1.Nylon Fabric 2.64% 1.Fashion Fabric -2.34% 2.NC Fabric 2.50% 2.Apparel Lining -2.09% 3.TN Fabric 2.09% 3.Polyester -1.30% 4.Bedding 1.99% 4.VW Fabric -1.11% 5.Thread & Rope 1.74% 5.TW Fabric -0.74% 6.Lining 1.69% 6.Chemical Fiber Grey Cloth -0.71% 7.Other Chemical Fiber 1.63% 7.TS Fabric -0.66% 8.Belt 1.59% 8.Viscose -0

Textile Raw Material Price 2014-02-26 Item Price Unit Fluctuation Date Crude Oil WTI 101.83 USD/Barrel -0.96% 2014-02-26 Crude Oil Brent 109.51 USD/Barrel -1.02% 2014-02-26 PX 1239 USD/Ton -0.16% 2014-02-26 PTA Buy 6250 RMB/Ton -0.79% 2014-02-26 PTA Sell 885 USD/Ton -1.67% 2014-02-26 MEG Buy 6650 RMB/Ton -1.63% 2014-02-26 MEG Sell 910 USD/Ton -1.62% 2014-02-26

U.S. cotton futures slid for a second straight day on Wednesday as speculators who had bulked up on the fiber offloaded more positions, while millers were mostly averse to buying at prices offered believing the market would fall further. Caution over how the market would react to weekly export and sale numbers of U.S cotton due on Thursday also put buyers on the defensive, traders said. The most-active May cotton contract on ICE Futures U.S. settled down 0.98 cent, or 1.1 percent at 86.37

Textile Raw Material Price 2014-02-25 Item Price Unit Fluctuation Date Crude Oil WTI 102.82 USD/Barrel 0.61% 2014-02-25 Crude Oil Brent 110.64 USD/Barrel 0.72% 2014-02-25 PX 1241 USD/Ton -2.36% 2014-02-25 PTA Buy 6300 RMB/Ton -0.47% 2014-02-25 PTA Sell 900 USD/Ton -1.85% 2014-02-25 MEG Buy 6760 RMB/Ton 0.15% 2014-02-25 MEG Sell 925 USD/Ton 0% 2014-02-25 CPL

US ethylene contracts for January were heard fully settled up 2 cents from December, with the net transaction price at 50.25 cents/lb, market sources said Wednesday. The posted price also rose 2 cents from December to 54.75 cents/lb. January's settlement brings the contract prices to their highest levels since April 2012. Source: Platts.

US propane and propylene stocks fell 1.2 million barrels to 26.71 million barrels for the reporting week ended February 14, Energy Information Administration data showed Thursday. Gulf Coast stocks saw a draw of 533,000 barrels to fall to 15 million barrels. East Coast stocks saw a 353,000-barrel draw to 1.6 million barrels, while Midcontinent stocks fell 137,000 barrels to 8.83 million barrels. Propane prices fell hard following the report. Propane at Mont Belvieu, Texas, the Gulf Coast s