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A Statistical Report of Cotton Fiber & Spun Yarn Market Price

As cotton prices are rising on the world markets, yarn makers in Bangladesh, India Pakistan and China are confronted with very different market situations. China and India have a clear advantage in local currency terms but is losing its competitiveness on the international market, according to our statistical analysis in both domestic currency and US$ terms. After declining to a relatively low level in last fall, cotton prices began recovering in the past months in leading textile producing countries. The price recovery started in January in China and in India while cotton lint prices really rebounded in India and in Pakistan. The current rise in cotton prices is due to different factors depending on countries. In China and India, state-controlled agencies purchased large quantities of cotton from the last crop in order to support revenues of domestic farmers.

In Bangladesh and in Pakistan by contrast, a lack of supply is pushing up prices to higher levels. According to EPB statistics, overall exports mainly all the major export items including knitwear, woven garments, home textile and textile fabrics have experienced sharp to moderate fall during July-January period of this fiscal year. Knitwear, the mainstay of export earnings, sustained 6.85 percent decline earning $4.1 billion. While woven garments earned $3.8 billion with a 6.99 percent fall. According to CPD statistics, our overall exports drop because of the late impacts of the global financial crisis on apparels especially in the US markets, largest export destination of Bangladesh. In 2009, total US imports decrease about 12% where Bangladesh loses 1.60% exports of 10 items that export to US most. On the other hand, China export growth increases on those items about 26.30%. This situation have come into effect due non-response of low priced item before recession.  Cotton and Yarn Market Update:  Average Last Four Months Cotton Price ($/lb), Average Staple: 1.1/8’’

Cotton Fiber > CIS Uzbek US Memphis India Sankar 6 Pakistan
Grade > GM Quality SM Quality Gujarat Quality 1467 Quality
Dec’09 83.10 86.00 77.50 75.50
Jan’10 84.25 86.50 78.50 76.00
Feb’10 90.75 92.25 82.00 80.25
Mar’10 92.50 94.00 83.25 81.00

     Sources: Dhaka Cotton, Green fibers, Zed cot, Prime Fibers etc.

 Last Four Months Average Cotton Yarn Price (Carded: $/kg)

Cotton Yarn Bangladesh India Pakistan China
Count 30/1 Card 30/1 Card 30/1 Card 32/1 Card
Dec’09 3.20 2.95 2.85 3.35
Jan’10 3.15 2.85 2.75 3.25
Feb’10 3.10 2.95 2.90 3.25
Mar’10 3.45 3.10 2.90 3.50

 Last Four Months Average Cotton Yarn Price (Combed: $/kg)

Cotton Yarn Bangladesh India Pakistan China
Count 30/1 Card 30/1 Card 30/1 Card 32/1 Card
Dec’09 3.50 3.25 3.05 3.70
Jan’10 3.45 3.15 2.95 3.75
Feb’10 3.45 3.25 3.05 3.55
Mar’10 3.80 3.40 3.10 3.90

Last Four Months Average PC (65P+35C) Yarn Price ($/kg)

Cotton Yarn Bangladesh India
Count 30/1 Card 30/1 Card
Dec’09 2.75 2.50
Jan’10 2.80 2.30
Feb’10 3.10 2.60
Mar’10 3.25 2.85

Last Four Months Average CVC (60C+40P) Yarn Price ($/kg)

Cotton Yarn Bangladesh India
Count 30/1 Card 30/1 Card
Dec’09 2.80 2.55
Jan’10 2.85 2.60
Feb’10 3.10 2.80
Mar’10 3.30 3.00

(H) Last Four Months Average Mélange (15% Grey) Yarn Price ($/kg)

Cotton Yarn Bangladesh India
Count 30/1 Card 30/1 Card
Dec’09 3.30 3.05
Jan’10 3.45 3.15
Feb’10 3.40 3.15
Mar’10 3.50 3.20

SourcesCotlook, Emerging Textile, Fareast Fashions, AKH knitting and Dyeing, Jan Yarn Trading.

(G)  Knit Finished Fabric Price (US$/kg)

 Types of Fabrics

 

Blend of Fabrics

 

GSM

 

Price in US $/kg

Single Jersey

100% Cotton

140 – 150

1.80

160 – 170

2.85

180 – 190

1.92

Single Jersey

95% Cotton+ 5% Lycra

180 – 190

2.20

200 – 210

2.35

210 – 230

2.20

Single/Double Lacost

100% Cotton

180 – 200

2.10

200 – 220

2.15

220 – 240

2.20

1 x 1 Rib

100% Cotton

180 – 190

1.90

190 – 210

2.00

210 – 230

2.05

1 x 1 Rib/2 x 2 Rib

95% Cotton+ 5% Lycra

180 – 190

2.20

200 – 210

2.30

210 – 230

2.35

Interlock

100% Cotton

190 – 200

2.20

200 – 210

2.35

210 – 230

2.20

French Terry

100% Cotton

220 – 230

2.70

230 – 240

2.80

  

  1.   Woven Finished Fabric Price (US$/Yd)

Type of Fabrics

Construction, Width in inch

GSM

Price in US $/yd

1. Plain Fabrics:
100% Cotton Sheeting

60 x 60/16 x 16, 58/59

185

1.80

100% Cotton Light Canvas

96 x 58/16 x 16, 58/59

235

2.15

100% Cotton Poplin

133 x72/40 x 40, 58/59

128

2.00

2. Twill:
100% Cotton Twill

108 x56/16 x 12, 58/59

300

2.35

100% Cotton 2/1  Twill

100 x64/24 x 24, 58/59

167

1.90

3. Oxford:
100% Cotton Oxford

100 x50/40 x 20/2, 58/59

185

2.30

4. Dobbies:
100% Cotton Rib Stop

112 x 58/20 x 20, 58/59

208

2.15

5. TC & CVC Blend:
TC(65% Poly + 35% Cot) Shirting

110 x 76/45 x 45, 58/59

104

1.65

CVC(60% Cot +40% poly) Check

126 x 76/45 x 45, 58/59

109

2.10

Source:  Mahin Fabrics, Mitali Textile, Asian Textiles, Unifill Textiles, S M Textiles and Far East fabrics (Buying House).

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