Cotton growers around the world spent an average of 11 cents on planting seed to produce a kilogram of lint in 2012/13, representing 7% of the net cost of production. (Net costs are total costs excluding land rent and the value of cottonseed.) In the 1990s, the cost of planting seed averaged 4 cents per kilogram of lint. Planting seed rose to 9 cents per kilogram during the 2000s and has now reached 11 cents. The ICAC undertakes a survey of the cost of production of cotton every three year

The imports of textiles and apparel by the United States increased by 3.11 percent year-on-year to $ 59.014 billion during the first seven months of 2013, according to the Major Shippers Report, released by the U.S. Department of Customs. Of these, apparel accounted for $ 44.701 billion, up 3.59 percent year-on-year, while non-apparel contributed $ 14.313 billion, up 1.63 percent year-on-year. Vietnam’s textile exports to the US jumped 13.48 percent year-on-year during the seven-month peri

ICE Cotton closed almost unchanged on the week at just over 83 c/lbs, as specs continued reducing their long position while the trade bought back hedges against physical sales. Demand woke up from a range of markets with futures under 84 cents, with China particularly notable in its return to the market and strong sales to a number of countries listed on today’s USDA export sales report. The policy outcome in China is still uncertain, but at this point it looks that reserve purchasing wi

Celanese Corporation, a global technology and specialty materials company, will increase list and off-list selling prices for Vinyl Acetate Monomer in Europe by EUR 20 per metric ton effective immediately, or as contracts allow. This price increase is in addition to the previously announced price increase of EUR 50 per metric ton which was announced on July 1, 2013. About Celanese Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions

Top 10 Categories in Rising Top 10 Categories in Falling 1.Household Textiles 0.69% 1.Fashion Fabric -0.98% 2.Natural Fiber Grey Cloth 0.62% 2.Viscose -0.86% 3.Blended 0.60% 3.Nylon Fabric -0.81% 4.Curtains 0.60% 4.Thread & Rope -0.50% 5.Cotton Fabric 0.45% 5.Apparel Lining -0.45% 6.Other Chemical Fibers 0.36% 6.Polyester/Nylon Fabric -0.39% 7.Polyester/Viscose Fabric 0.25% 7.Lining -0.37%

Textile Raw Material Price 2013-09-09 Item Price Unit Fluctuation Date Oil WTI 108.37 USD/Barrel 1.14 2013-09-09 PX 1506 USD/Ton 3 2013-09-09 PTA Buy 7750 RMB/Ton 0 2013-09-09 PTA Sell 1075 USD/Ton 0 2013-09-09 MEG Buy 7980 RMB/Ton 70 2013-09-09 MEG Sell 1090 USD/Ton 13 2013-09-09 CPL Buy 18400 RMB/Ton 0 2013-09-09 CPL Sell 2350 USD/Ton

Textile Raw Material Price 2013-09-06 Item Price Unit Fluctuation Date Oil WTI 107.23 USD/Barrel -0.42 2013-09-06 PX 1503 USD/Ton 0 2013-09-06 PTA Buy 7750 RMB/Ton -10 2013-09-06 PTA Sell 1075 USD/Ton -2 2013-09-06 MEG Buy 7910 RMB/Ton -120 2013-09-06 MEG Sell 1077 USD/Ton -25 2013-09-06 CPL Buy 18400 RMB/Ton 0 2013-09-06 CPL Sell 2350

Textile Raw Material Price 2013-09-05 Item Price Unit Fluctuation Date Oil WTI 107.65 USD/Barrel 0 2013-09-05 PX 1503 USD/Ton -17 2013-09-05 PTA Buy 7760 RMB/Ton -20 2013-09-05 PTA Sell 1077 USD/Ton 2 2013-09-05 MEG Buy 8030 RMB/Ton -40 2013-09-05 MEG Sell 1102 USD/Ton 2 2013-09-05 CPL Buy 18400 RMB/Ton 0 2013-09-05 CPL Sell 2350 USD/To

Textile Raw Material Price 2013-09-04 Item Price Unit Fluctuation Date Oil WTI 107.65 USD/Barrel 0 2013-09-04 PX 1503 USD/Ton -17 2013-09-04 PTA Buy 7760 RMB/Ton -20 2013-09-04 PTA Sell 1077 USD/Ton 2 2013-09-04 MEG Buy 8030 RMB/Ton -40 2013-09-04 MEG Sell 1102 USD/Ton 2 2013-09-04 CPL Buy 18400 RMB/Ton 0 2013-09-04 CPL Sell 2350 USD/To

Industry expert says due to inability of weavers to pass on full costs, in last two years investments in weaving was on standstill. Textile fabric prices are set to go up following the sharp increase in raw material prices. And passing on the cost has begun to happen at all the levels from small weavers to large companies. Cost of synthetic fiber has been going up due to sharp fall in rupee which has increased cost of petrochemicals like PTA and MEG but simultaneously cotton prices have also