Market Monitor 
Cotton output recovery continues
January 2018
Recovery continues in cotton production for 2017-18 with a projected 11 per cent growth due to increased area to a projected 25.4 million tonne (MT).
Apparel Index dips on GST impact
December 2017
Q2 is the first quarter post-GST. And much like other sectors, apparel brands and retailers too were busy putting GST processes in place and sales suffered a big blow. July was the first month when the industry emerged after clearing pre-GST inventories.
Uncertainty over cotton prices in 2017/18
August 2017
The International Cotton Advisory Committee’s Secretariat has forecast that the A Index in 2017-18 will range between 54 cts/lb and 87 cts/lb with a midpoint of 69 cts/lb. The midpoint would be 13 cts/lb lower than in 2016/17. This follows the large increase of 12 cts/lb from 2015-16 to 2016-17, which suggests that such a drop is not unreasonable.
Improved demand for PE/PP?
June 2017
PE and PP prices do not track crude prices closely and the global crude oil price fluctuations in Q3/Q4 2016 barely impacted PE and PP prices.
Apparel overall growth recovers
June 2017
After a slowdown in Q3 post-demonetisation business the Clothing Manufacturers Association of India’s (CMAI) Q4 Apparel lndex (January-March FY2016-17) reveals that the apparel industry is slowly and surely making a recovery. The Q4 Index shows growth has improved mildly with overall index value moving up to 2.25, compared to 1.4 points in Q3.
Benzene prices remain volatile
May 2017
Spot benzene prices in Asia were volatile in the week ended 12 May as a result of uncertain outlook caused by downstream buyers staying on the sidelines and spot benzene FOB (free on board) Korea prices recovered to $715-725/tonne as of closing of assessment recently, after dipping close to $700/tonne. on Tuesday.
Big brands maintain lead
March 2017
CMAI’s Apparel Index for Q3 October-December FY 2016-17 shows that this quarter has had the lowest growth, so far, with the overall Index Value at 1.4 points, as compared to the previous Quarter (July-Sept FY 2016-17) where overall Index Value was 4.64 points.
Cotton prices may fall due to increased supply
February 2017
The International Cotton Advisory Committee Secretariat has forecast that the season-average Cotlook A Index in 2016/17 will range between 66 and 83 cts/lb, with a midpoint of 74 cts/lb, which would be 4 cts/lb higher than last season.
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Loepfe Brothers Ltd (Masterline)      Elgi Equipments Ltd      Rabatex Industries      Associated Autotex Ancillaries Pvt Ltd      Mohler Machine Works Pvt Ltd      Elgi Electric and Industries Ltd      Jacobi Machinery Pvt Ltd (Simta)      Rieter India Pvt. Ltd      Bry-Air Asia Pvt Ltd      Basant Wire Industries Pvt Ltd      K Tex Engineering Services      DN Associates      SMEW Textile Machinery Pvt Ltd      Moksha Thermoplastics Pvt. Ltd      Marzoli Machine Textiles S.R.L      Lapp India Pvt Ltd      Bharat Beams Pvt Ltd      A.T.E Enterprises Private Limited      Bharat Bijlee Ltd      ITEMA WEAVING (INDIA) PVT LTD      Luwa India Pvt Ltd      Grasim Industries Ltd      Savio Texcone Pvt Ltd      Marvel Gloves Industries / FAB Industries      Swastik Textile Engineers Pvt Ltd / Swastik Group of Companies      Saurer Textile Solutions Pvt. Ltd      AB Carter India Pvt Ltd      Excel Traders      Mangal Singh Brothers Pvt Ltd      Jogindra Industries Pvt Ltd      Continental Engineering Indus Pvt Ltd      Agma Products      Eppinger Tooling Asia Pvt Ltd      Chandra Electric Company      Arvind Rub-Web Controls Ltd      M K Brothers Mfrs Pvt Ltd      MM International      Kinarivala Textile Machinery      K.U. Sodalamuthu and Co. Pvt Ltd      SRE Corporation      Kobelco Compressors India Pvt Ltd      Gati Kintetsu Express Pvt Ltd      Embee Corporation      Lakshmi Machine Works Ltd      Premier Evolvics Pvt Ltd      S.T. Cottex Exports (P) Ltd      Loepfe Brothers Ltd (Masterline)      Elgi Equipments Ltd      Rabatex Industries      Associated Autotex Ancillaries Pvt Ltd      Mohler Machine Works Pvt Ltd      Elgi Electric and Industries Ltd      Jacobi Machinery Pvt Ltd (Simta)      Rieter India Pvt. Ltd      Bry-Air Asia Pvt Ltd      Basant Wire Industries Pvt Ltd      K Tex Engineering Services      DN Associates      SMEW Textile Machinery Pvt Ltd      Moksha Thermoplastics Pvt. Ltd      Marzoli Machine Textiles S.R.L      Lapp India Pvt Ltd      Bharat Beams Pvt Ltd      A.T.E Enterprises Private Limited      Bharat Bijlee Ltd      ITEMA WEAVING (INDIA) PVT LTD      Luwa India Pvt Ltd      Grasim Industries Ltd      Savio Texcone Pvt Ltd      Marvel Gloves Industries / FAB Industries      Swastik Textile Engineers Pvt Ltd / Swastik Group of Companies      Saurer Textile Solutions Pvt. Ltd      AB Carter India Pvt Ltd      Excel Traders      Mangal Singh Brothers Pvt Ltd      Jogindra Industries Pvt Ltd      Continental Engineering Indus Pvt Ltd      Agma Products      Eppinger Tooling Asia Pvt Ltd      Chandra Electric Company      Arvind Rub-Web Controls Ltd      M K Brothers Mfrs Pvt Ltd      MM International      Kinarivala Textile Machinery      K.U. Sodalamuthu and Co. Pvt Ltd      SRE Corporation      Kobelco Compressors India Pvt Ltd      Gati Kintetsu Express Pvt Ltd      Embee Corporation      Lakshmi Machine Works Ltd      Premier Evolvics Pvt Ltd      S.T. Cottex Exports (P) Ltd