Market Monitor 
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.
Oversupply weighs on Asia’s paraxylene prices
October 2016
Asia’s spot paraxylene (PX) prices are likely to remain under downward pressure from ample regional supply amid continued weakness in downstream markets, industry sources said. Asia’s PX inventory remained high, with end-users not likely to hold on to excess volumes in the near term, market sources said. Cargoes from Singapore, India, the Middle East and the US for November and December shipments remained on offer in Asia. Excess monthly supply is estimated at 20,000 tonnes, but traders said that the combined volumes for October and November shipments could be as high as 100,000 tonnes, augmented by Europe cargoes, market sources said.
Big brands maintain lead
September 2016
CMAI’s Apparel Index for Q1 April-June FY 2016-17 indicates the industry has managed better growth with overall Index Value at 5.45 points compared to previous quarter (Q4) where the overall Index Value was 3.79 points. Giant and large brands, like always have maintained their growth trajectory which is still much higher than small and mid brands. In fact, growth this quarter for giant and large brands is higher than last quarter but lower than the same quarter previous year.
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Loepfe Brothers Ltd (Masterline)      Sieger Spintech Equipments Pvt Ltd      Rabatex Industries      Associated Autotex Ancillaries Pvt Ltd      Savio India Ltd      Elgi Electric and Industries Ltd      MAG Solvics Pvt Ltd      Skaat Machine Works India Pvt Ltd      Jacobi Machinery Pvt Ltd (Simta)      Mangal Singh Brothers Pvt Ltd      Rieter India Pvt. Ltd      Prashant West Point Machinery Pvt. Ltd      Arvind Rub-Web Controls Ltd      SMEW Textile Machinery Pvt Ltd      Jogindra Industries Pvt Ltd      Lapp India Pvt Ltd      Eppinger Tooling Asia Pvt Ltd      Rieter India Pvt Ltd (Suessen)      C & S Electric Limited      Groz-Beckert Asia Pvt Ltd      Moksha Thermoplastics Pvt. Ltd      DCC Ltd      Jiangyin Guoguang Calender And Fibre Roller Co., Ltd      Delair India Pvt Ltd      Staubli AG      Benninger AG      Uster Technologies AG      Jakob Muller AG      Peass Industrial Engineers Pvt Ltd      Bracker AG (Rieter)      Colorjet India Ltd      Excel Traders      Graf (Rieter India)      Sri Lakshmi Fire Controls      Bharat Beams Pvt Ltd      K U Sodalamuthu and Co Pvt Ltd      Megastar Coolers Pvt ltd      Shail International Pvt Ltd      Savio Texcone Pvt Ltd      SRE Corporation      AK Technofab      Embee Corporation      Lakshmi Machine Works Ltd      Premier Evolvics Pvt Ltd      Vaari Textile Machine India Ltd      V. Shivkumar Associates      ATE Enterprises Pvt Ltd      Swissmem      Loepfe Brothers Ltd (Masterline)      Sieger Spintech Equipments Pvt Ltd      Rabatex Industries      Associated Autotex Ancillaries Pvt Ltd      Savio India Ltd      Elgi Electric and Industries Ltd      MAG Solvics Pvt Ltd      Skaat Machine Works India Pvt Ltd      Jacobi Machinery Pvt Ltd (Simta)      Mangal Singh Brothers Pvt Ltd      Rieter India Pvt. Ltd      Prashant West Point Machinery Pvt. Ltd      Arvind Rub-Web Controls Ltd      SMEW Textile Machinery Pvt Ltd      Jogindra Industries Pvt Ltd      Lapp India Pvt Ltd      Eppinger Tooling Asia Pvt Ltd      Rieter India Pvt Ltd (Suessen)      C & S Electric Limited      Groz-Beckert Asia Pvt Ltd      Moksha Thermoplastics Pvt. Ltd      DCC Ltd      Jiangyin Guoguang Calender And Fibre Roller Co., Ltd      Delair India Pvt Ltd      Staubli AG      Benninger AG      Uster Technologies AG      Jakob Muller AG      Peass Industrial Engineers Pvt Ltd      Bracker AG (Rieter)      Colorjet India Ltd      Excel Traders      Graf (Rieter India)      Sri Lakshmi Fire Controls      Bharat Beams Pvt Ltd      K U Sodalamuthu and Co Pvt Ltd      Megastar Coolers Pvt ltd      Shail International Pvt Ltd      Savio Texcone Pvt Ltd      SRE Corporation      AK Technofab      Embee Corporation      Lakshmi Machine Works Ltd      Premier Evolvics Pvt Ltd      Vaari Textile Machine India Ltd      V. Shivkumar Associates      ATE Enterprises Pvt Ltd      Swissmem