USDA in its latest report warns that countries with policies that support prices above the world levels may in turn reduce their export competitiveness for both cotton and textiles, especially yarn and fabric. China’s new cotton ...
Tags: cotton import policy
According to data released by the China Iron and Steel Association (CISA) on September 15, as of the end of August (August 31) the composite steel price index (CSPI) for the Chinese domestic market was at 90.63 points, down 1.25 points or ...
Tags: Composite Steel, Iron, Steel
Iron ore declined sooner than expected this year as supplies exceeded demand and prices are unlikely to recover, according to Goldman Sachs Group Inc., which said 2014 will mark the end of a so-called iron age. This year “is the ...
In August, China's finished steel output increased slightly, while domestic finished steel prices continued to soften in the given month due to slower economic growth, with the finished steel price decreases contributing to significant ...
Tags: finished steel, Iron Ore
Red ink was splashed across all financial parameters, including revenue and net loss at womenswear apparel retailer The Wet Seal in the fiscal second quarter ended August 2, 2014. The Net sales were down 11.2% to $121.2 million in the ...
Tags: Apparel, Textile, Womenswear
As of August 18, inventory of iron ore at 33 major Chinese ports amounted to 108.8 million mt, down 0.47 million mt or 0.43 percent compared to the inventory level recorded on August 11, as announced by China's Xinhua News Agency on August ...
Tags: Chinese Ports, Down, Mineral
Finland based retail chain Stockmann plc which operates fashion brand Lindex, posted consolidated revenue of EUR 495.3 million, down 8.9 percent and also down 5.1 percent at comparable exchange rates in the second quarter of 2014 from EUR ...
Tags: Stockmann, Apparel, Accessories
“The recent downfall in the prices of cotton at the global level is a major threat and to add fuel to the fire, the curtailment of import of cotton and yarn by Chinese has only added fuel to the situation”, said a top official ...
Tags: Downtrend, Apparel, Accessories
As of July 28, inventory of iron ore at 33 major Chinese ports amounted to 111.87 million mt, down 2.4 million mt or 2.1 percent compared to the inventory level recorded on July 21, as announced by China's Xinhua News Agency on July 29. ...
Tags: Iron Ore Inventory, Down, Xinhua-China
NY futures extended their decline this week, with December falling another 351 points to close at 68.55 cents. The market continued its relentless slide, driven by the same dynamics we talked about last week. The market’s weakness ...
Tags: NY Cotton Futures, Decline, Textile
Whereas China's steel output has remained at high levels as domestic steel demand has indicated some increases due to the Chinese government's stabilization policy and also given the significant rises seen in export volumes, the growth ...
As of August 4, inventory of iron ore at 33 major Chinese ports amounted to 110.99 million mt, down 0.88 million mt or 0.79 percent compared to the inventory level recorded on July 28, as announced by China's Xinhua News Agency on August 5. ...
Prices of imported iron ore in China have continued to decline since the start of the summer, while domestic crude steel output is still at high levels amid increases in steel exports, though domestic demand for steel products has remained ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
In the week from May 19 to May 25, on the Orbis Steel Index the Turkish scrap index moved down slightly, while the US (East Coast) HMS I/II scrap export index maintained its sideways movement. In the given week, the Turkish rebar index ...
Tags: Turkish Scrap, Steel
The spread between Asian paraxylene and benzene fell to its lowest in more than nine years on Thursday, where it was assessed at minus $104/mt, down $0.50/mt from the the day before, Platts data showed. The last time the spread was lower ...
Tags: Paraxylene, Benzene