चीन में पॉलीस्टर कंपनियां अपस्ट्रीम और डाउनस्ट्रीम सेक्टरों के दबाव से संकट में मार्च के अंत से डाउनस्ट्रीम और अपस्ट्रीम सेक्टरों द्वारा पॉलिएस्टर बाजार को दबा दिया गया है। 13 अप्रैल तक, झेजियांग और जियांगसू में डीटीवाई संयंत्रों और फैब्रिक मिलों दोनों की परिचालन दर गिरकर 65% हो गई, जो पिछले उच्च स्तर से 27% और 11% कम है। पॉलिएस्टर कंपनियों को बिकवाली के दबाव का सामना करना पड़ा जब डाउनस्ट्रीम प्लांट उच्च कच्चे माल की कीमत के साथ खरीदने के लिए तैयार नहीं थे।लागत और बिक्री के दबाव के साथ, पॉलिएस्टर क्षेत्रों को भी स्पष्ट नुकसान का सामना करना पड़ा। पारंपरिक पीओवाई और एफडीवाई की कमी सबसे गंभीर थी और पॉलिएस्टर उत्पादों की सूची भी बढ़ने लगी थी। हालांकि, पॉलिएस्टर बाजार में अभी भी अत्यधिक लचीलापन है। पॉलिएस्टर पोलीमराइज़ेशन दर केवल 14 अप्रैल तक घटकर 87.8% हो गई, जो कि मार्च के अंत में पहले उच्च 90.9% थी। सभी नई पॉलिएस्टर इकाइयों ने पीएफवाई का उत्पादन किया।पॉलिएस्टर कंपनियों को उत्पादन में कटौती करने में कठिनाई का सामना करना पड़ा। एक तरफ, छोटे और मध्यम आकार की पॉलिएस्टर कंपनियों ने लगातार उत्पादन घटाया है। उत्पादन ठप होने के बाद फैक्ट्रियों को मजदूरों के मुद्दे पर भी विचार करने की जरूरत है। दूसरी ओर, अग्रणी कंपनियाँ पिछले साल की तरह एकजुट नहीं दिख रही हैं, अपनी स्थिति के अनुसार स्वतंत्र संचालन के साथ। इसलिए, उनके लिए कम समय में संयुक्त उत्पादन में कटौती पर चर्चा करना कठिन होगा, भले ही उन्हें नुकसान उठाना पड़ा हो। 14 अप्रैल को मजबूत बढ़ते फीडस्टॉक वायदा के साथ, पॉलिएस्टर कंपनियों को प्रचार के लिए कीमतों में कटौती करने के लिए मजबूर होना पड़ा। 14 अप्रैल को हाजिर कच्चे माल की कीमत के आधार पर, POY150D/48F की हानि 500 युआन/mt से अधिक हो गई और FDY150D/96F की हानि 400युआन/mt से अधिक थी। डाउनस्ट्रीम खरीदारों ने पीएफवाई के बिक्री अनुपात को बढ़ाया, जो हाल ही में 14 अप्रैल को 300% पर कम हो गया था।14 अप्रैल को गहन पुनःपूर्ति के बाद, डीटीवाई संयंत्रों और कपड़ा मिलों के पीएफवाई स्टॉक अगले सप्ताह तक उत्पादन की गारंटी दे सकते हैं। इसलिए पीएफवाई की बिक्री कम रहने का अनुमान है। मई दिवस की छुट्टी (अप्रैल 29-मई 3) के लिए DTY संयंत्रों और कपड़ा मिलों की छुट्टी योजना अगले सप्ताह अत्यधिक चिंतित होनी चाहिए, साथ ही अप्रैल के अंत में PFY की बिक्री भी। बढ़ते फीडस्टॉक बाजार के बीच पीएफवाई संयंत्र फिर से प्रचार के लिए कीमतों में कटौती करेंगे या नहीं, इसके लिए अभी और अवलोकन की आवश्यकता है।इसलिए, कुछ बाजार सहभागियों ने सोचा कि पॉलिएस्टर कंपनियों में नुकसान के बजाय इन्वेंट्री उत्पादन कटौती को प्रभावित करने वाला सबसे महत्वपूर्ण कारक था। पीएफवाई की वर्तमान इन्वेंट्री 2022 की तुलना में केवल आधी रह गई थी। ऐसी स्थिति में, कुछ खिलाड़ियों ने यह निष्कर्ष निकाला कि पॉलिएस्टर कंपनियां आसानी से अस्थायी रूप से उत्पादन में कटौती नहीं कर सकती हैं, जब इन्वेंट्री का बोझ स्पष्ट नहीं है, कम से कम बड़े पैमाने पर उत्पादन में कमी नहीं दिखाई देगी। अपस्ट्रीम फीडस्टॉक मार्केट फिर से आशावादी हो गया है।हेंगली पेट्रोकेमिकल ने घोषणा की कि डालियान में एक 2,500kt/वर्ष की पीटीए इकाई का 17 अप्रैल के मध्य से निर्धारित टर्नअराउंड होगा। इस खबर से प्रभावित होकर, पीटीए वायदा ने जोरदार प्रदर्शन किया। पॉलिएस्टर कंपनियों को अप्रैल में बढ़ती इन्वेंट्री का सामना करने की अधिक उम्मीद है, जब डीटीवाई संयंत्रों और फैब्रिक मिलों की परिचालन दर मार्च में तेजी से गिरती है। पॉलिएस्टर उद्योग अब बढ़ते विरोधाभास का सामना कर रहा है। नुकसान और स्थिर बिक्री के दबाव के बीच पॉलिएस्टर कंपनियां कब तक झेल पाएंगी, इस पर अभी और निगरानी की जरूरत है।👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Mukable-kamjor-paise-repya-dollor-sham-sensex
Rupee weakens by 18 paise against dollarThis evening, the rupee closed at a level of 82.22 against the dollar with a weakness of 18 paise.Sensex fell 159 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 59567.80 points with a fall of about 159.21 points.On the other hand, the Nifty closed at a level of 17618.80 points with a fall of 41.40 points.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/China%27s-cotton-subsidy-policy-bring-positive-impact-cellulose-fiber-
China's new cotton subsidy policy may bring a positive impact on cellulose fiberOn 10 April, the National Development and Reform Commission and the Ministry of Finance jointly issued “Notice of the Ministry of Finance on Improving the Implementation Measures of the Cotton Target Price Policy”. According to which-China began regulating the cotton market in 2014 by setting a target price, which stood at 19,800 yuan/MT during the year. Before 2017 one year fixed strategy was adopted and from 2017 it was changed to three year fixed strategy.In the 2020 notice, the description of the quantity was changed to "Xinjiang Uygur Autonomous Region and Xinjiang Production and Construction Corps". Guidance has been described, but implementation in practice is limited due to a lack of specific quantitative guidelines.The clarification of the subsidy cap of 5.1 million tonnes in 2023 is actually a clear quantification of this target. This policy is, therefore, an inevitable consequence of the management of sub-optimal cotton areas.What can be changed from the policy?According to the latest data for the 2022/23 cotton year, Xinjiang's cotton production could reach 6.13 million tons, far exceeding the subsidy amount of 5.1 million tons, which could result in the following:1. Cotton supply is expected to decrease, and cotton futures may move higher. Futures contract prices are likely to exceed 16,000 yuan/MT.2. Some cotton farmers may choose to plant other crop varieties, but according to the actual situation, Xinjiang's cotton production in normal years is about 5.6 million tons, and about 10% of cotton is not subsidized. In the absence of subsidies, even if cotton is sold at 16,000 yuan/mt, it is acceptable to some cotton farmers. Therefore, the actual decline in cotton production cannot be less than 5.1 million tonnes quickly.3. For the spinning and weaving mills, when the cotton supply in Xinjiang is short, there are two ways to deal with it. One is to increase the amount of imported cotton and imported yarn, and the other is to use other fibers as raw materials. Among them, the closest to cotton is cellulose fiber, including viscose staple fiber and lyocell staple fiber.This is undoubtedly a good thing for cellulose fibers, but it should not be too aggressive. We tried to quantitatively analyze that the cotton subsidy reduction in Xinjiang is about 500kt, and the potential drop in cotton production is not expected to exceed 300kt in the short term. The reductions will be complemented by imported cotton and yarn, and the volumes eventually squeezed into other fibers may not exceed 200kt. In a potential market share of 200kt, polyester staple fiber may also get a share, and demand for cellulose fiber may be just above 100kt.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Shortage-center-import-amid-duty-sima-cotton-export-waive-declined
SIMA urges Center to waive import duty amid cotton shortageAs cotton shortages persist, the South Indian Mills Association (SIMA) on Tuesday urged the central government to impose an 11 per cent duty on cotton from April to October to ensure raw material security, avoid large-scale production shutdown and shortfall in exports. requested for exemption.In a statement, SIMA said cotton textile exports have declined by over 23 per cent compared to the previous year and advocated that cotton be made available to the manufacturing sector at an internationally competitive price.The Center had imposed an 11 per cent import duty on cotton in 2021-22 to protect the livelihood of Indian cotton farmers, due to which the price of domestic cotton had increased due to the import parity pricing policy adopted by the trade. Though the area under cotton has increased from 124 lakh hectare to 130 lakh hectare, the cotton crop in the current season is expected to be around 320 lakh bales.SIMA president Ravi Sam said that the price of cotton has fallen by more than 25 per cent compared to last year and more than 40 per cent cotton is yet to come in the market. Stating that farmers and traders are apprehensive of a price hike, leading to a persistent shortage of cotton, Sam said the Center should provide duty exemption for cotton."It will take three to four months for the imported cotton to reach the mill premises and hence it is necessary to remove the import duty immediately so that mills can enter into import contracts," he said. He also said that India's cotton yarn exports declined to 485 million kg during April 2022 to January 2023, as against 1185 million kg during the same period last year.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Head-hiked-cotton-price-spot-pakistan-naseem-usman-rate-spot
Pakistan's cotton spot price hiked by Rs 300 per head The spot rate committee of the Karachi Cotton Association (KCA) on Tuesday hiked the spot rate by Rs 300 per head and closed it at Rs 20,000 per head. Polyester fiber was available at Rs 375 per kg.The local cotton market was booming and the volume of business was satisfactory. Cotton analyst Naseem Usman told that the price of cotton in Sindh is 17 thousand to 20 thousand rupees per head. The cost of cotton in Punjab ranges from Rs 18,000 to Rs 21,000 per head.The rate of footi in Sindh ranges from Rs 5,500 to Rs 8,300 per 40 kg. The rate of footi in Punjab ranges from Rs 6,000 to Rs 8,500 per 40 kg.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Sensex-dollor-nifty-weakens-rupee-against-closing-market
Rupee weakens by 7 paise against dollarThis evening, the rupee closed at a level of Rs 82.04 against the dollar with a weakness of 7 paise.Sensex down 184 pointsToday the stock market closed with a fall.Today, where the Sensex closed at a level of 59727.01 points with a fall of 183.74 points.On the other hand, the Nifty closed at the level of 17660.20 points with a fall of 46.60 points.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Intercontinental-exchange-india%27s-cotton-export-forecast-bales-economic-cooperation-trade-agreement
India's cotton export forecast for April 2023 slashed to 1.8 million balesIndian cotton exports for 2022-23 are forecast to decline by 500,000 bales to 1.8 million in April 2023, roughly equal to its import forecast. Exports have historically exceeded imports by a significant margin, and the last time imports exceeded exports was about 20 years ago. Reduced domestic supply, increased demand for overseas long and extra-long staple grades and the Australia-India Economic Cooperation and Trade Agreement (ECTA) have supported this recent dynamic.2022-23 opening stocks and production totals are estimated to be at a 14-year low of 33.1 million bales, putting considerable pressure on exports. Also, according to the United States Department of Agriculture report, Indian spot prices relative to global prices have increased at the beginning of the year due to a tight supply of cotton, slowing shipments to major markets including China.India has recently become the largest consumer of long and extra long staple cotton. As tall and extra tall cotton is not grown adequately in the country. So the Egyptian Giza 94 and the US Pima are imported. Thus India will remain a stable source of import demand for this variety of cotton.Despite being forecast to be the third largest exporter in 2022-23 with 1.8 million bales, exports are projected to be significantly lower than the 6.2 million bales exported in 2021-22. Global ending stocks are estimated to range from 900,000 bales to close to 92.0 million, with an upward projection mostly for China, India and Brazil, the report said.The US balance sheet is comprised of higher exports and lower end stocks than last month. Estimated US season-average farm prices are forecast to be lower by 1 percent to 82 cents per pound. Global cotton prices were mostly down since last month's WASDE, with prices on the Intercontinental Exchange (ICE) at around 83 cents a pound.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Trading-market-slow-pakistan-cotton-usman-naseem-increase-expected-transport
Slow trading in Pakistan's cotton marketThe local cotton market was upbeat on Monday with low trading volume. Cotton analyst Naseem Usman pointed out that unavailability of transport was behind the low trading volumes. It is expected to increase further after the Eid al-Fitr holidays.He also informed that the price of cotton in Sindh ranges between Rs 17,000 to Rs 20,000 per head. The cost of cotton in Punjab ranges from Rs 18,000 to Rs 21,000 per head. The rate of footi in Sindh ranges from Rs 5,500 to Rs 8,300 per 40 kg.The rate of footi in Punjab ranges from Rs 6,000 to Rs 8,500 per 40 kg. Rahim Yar Khan sold for 5600 bales at Rs.21,000 per head (condition) and Marrot (323 bales) at Rs.19,300 per head. The spot rate remained unchanged at Rs 19,700 per head.The rate of polyester fiber was increased by Rs 2 and was available at Rs 375 per kg.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Dollor-against-nifty-sensex-rupee-closing-weakens-market-stock
Rupee falls against dollar, breaks 3 paiseToday, the rupee opened at a level of Rs 82.00 against the dollar with a weakness of 3 paise. On the other hand, on Monday, the rupee closed at a level of Rs 81.97 against the dollar with a weakness of 12 paise.
Rupee weakens by 12 paise against dollarThis evening, the rupee closed at a level of 81.97 against the dollar with a weakness of 12 paise.Sensex closed down by 520 pointsToday, where the Sensex closed at a level of 59910.75 points with a fall of about 520.25 points.On the other hand, the Nifty closed at a level of 17706.80 points with a fall of 121.20 points.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Market-review-pakistan-weekly-cotton-usmna-naseem-rate-spot-kca
Weekly Review of Pakistan Cotton MarketCotton market showed an uptrend during the last week with an improvement in the trading volumes. However, fluctuations were observed in the price of cotton in the international cotton markets. Cotton prices rose from Rs 500 to Rs 1,000 a head in the local cotton market as spinners were interested in buying good quality cotton.Naseem Usman, President of Karachi Cotton Brokers Forum, has said that the rate of cotton in the international cotton markets has remained stable. In Sindh and Punjab, cotton rates range from Rs 18,000 to Rs 21,000 per head, while footy rates range from Rs 6,500 to Rs 8,500 per 40 kg. The spot rate committee of the Karachi Cotton Association has increased the spot rate by Rs 2,00 per head and closed it at Rs 19,700 per head.
This week has been a downfall for cottonThis week, cotton prices declined in both the national and international exchange markets. In the International Cotton Exchange market, the May and December deals declined by 0.34 and 0.44 cents, respectively. While the deal price for the month of July saw an increase of 0.46 cents.On the Multi Commodity Exchange market, the prices for the months of April and June have decreased by Rs.460 and Rs.380 respectively. Cotton prices on NCDX have also declined this week. For the month of April, a decrease of Rs 51 has been registered in the cotton price.This week has been a downfall for Khal as well. On NCDX, for the three months of April, May and June, a decrease of Rs. 81, Rs. 90 and Rs. 102 has been observed respectively.If we look at the exchange market of other countries, this week can be said to be mixed. A 2 point gain on the Cotlook A Index and a gain of 400 points on the KCA spot rate has taken place this week. While the Brazilian Cotton Index and the USDA spot rate saw a decrease of 1.42 and 0.48 respectively.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Chapter-%2052-%20Exports-month-decreased-million-year-cotton-sis
Chapter 52- Exports in the month of March decreased by $ 313 million in 1 year From the point of view of exports, the year 2023 has been a year of decline. Chapter 52, which includes cotton, cotton vest, yarn and denim, has shocking export figures for the month of March. The total export of Chapter 52 in March 2022 was $ 958 million, which came down to just $ 645 million in March 2023. According to the research report of SIS, there is a total decrease of $ 313 million in Chapter 52 exports in March 2022 and March 2023. According to experts, this shortfall in 1 year is huge.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Boom-continues-market-pakistan-cotton-punjab-naseemusman-spot-rate
Pakistan's cotton market continues to boomThe local cotton market was upbeat on Friday and the trading volume was satisfactory. Cotton analyst Naseem Usman told that the price of cotton in Sindh is 17 thousand to 20 thousand rupees per head.The cost of cotton in Punjab ranges from Rs 18,000 to Rs 21,000 per head. The rate of footi in Sindh ranges from Rs 5,500 to Rs 8,300 per 40 kg. The rate of footi in Punjab ranges from Rs 6,000 to Rs 8,500 per 40 kg. Rahim Yar Khan sold for 5600 bales at Rs.21,000 per head (condition) and Marrot (323 bales) at Rs.19,300 per head.The spot rate remained unchanged at Rs 19,700 per head. Polyester fiber was available at Rs 373 per kg.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Good-news-increase-cotton-seed-sales-kharif-india-meteorological-department-farmers
Good news : increase in cotton seed sales in Kharif 2023India's cotton production rose to 33.72 million bales (170 kg each) in the 2022-23 crop year (July-June) from 31.12 million bales a year ago, according to agriculture ministry data.The seed industry is buoyed by the prospect of a good year in the cotton sector on the back of higher fiber prices that farmers received last year from a normal monsoon predicted by the India Meteorological Department (IMD). said Ram Kaundinya, director general of the Federation of Seed Industry of India (FSII). The demand for cotton seed is likely to increase to 48 to 49 million packets (450 grams each) in the current season from 42 million last year.Since three packets of cotton seed are required in two acres of land, the sale of 4.9 crore packets (equivalent to 2.2 lakh quintals) could be sufficient to cover 13 million hectares (MH). Last year the area under cotton was 12.75 MH. Industry experts said that if seeds saved by farmers are added to the coverage in the upcoming Kharif season, the area can increase by a minimum of 10 per cent.The IMD has predicted 96 per cent of normal monsoon rainfall of the long period average of 87 cm in 2023 and ruled out any disruption in rainfall due to the possible emergence of El Nino. Kaundinya said that for the propagation of High Density Planting System (HDPS), 10 packets would be required for every two acres of land. “It is in pilot stage and some target has been set to cover in the coming Kharif,” he added.farmer hopesThis season, farmers are gradually selling their produce in the hope of better prices. Their hopes stemmed from record prices for cotton (raw cotton) at ₹12,000 per quintal last season. Currently, cotton is fetching around Rs 8,000 against the minimum support price of Rs 16,080 in Agricultural Produce Marketing Committee (APMC) yards in Gujarat. Processed cotton or lint prices for the benchmark Shankar-6 variety are currently quoted at ₹762,550 per candy (356 kg). India's cotton production rose to 33.72 million bales (170 kg each) in the 2022-23 crop year (July-June) from 31.12 million bales a year ago, according to agriculture ministry data. The US Department of Agriculture (USDA) has forecast that India's cotton exports will decline by 5,00,000 bales to 1.8 million (US bales 227.72 kg or 23.05 lakh Indian bales 170 kg) this month, roughly equal to its import forecast . Industry experts have estimated exports to remain within 2 million bales during 2022-23 (October-September).👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/India%27s-cotton-exports-imports-usda-expected-cotton-association-india-production-economic
India's cotton exports fall, exports equal to imports for the first time in years: USDAIndia's cotton exports are expected to decline sharply for 2022-23. The USDA projects a decline in Indian exports from 500,000 bales to 1.8 million in 2022-23, roughly equal to its import forecast. "Low domestic supplies, increased demand for overseas long and extra-long staple grades and the Australia-India Economic Cooperation and Trade Agreement (ECTA) have supported this recent momentum," the USDA said.The Cotton Association of India (CAI) said in March that Indian stocks could fall to a nearly two-decade low in 2022-23 as adverse weather reduced crop yields. "Supply will fall further in the coming months. Exports will not pick up till the new season harvest starts from October." The USDA said that although India was projected to be the third largest exporter globally, at around 1.8 million bales in 2022-23, it was still far below the 6.2 million bales during 2021-22.The CAI had said that lower Indian production could allow rivals such as the US, Brazil and Australia to increase cargoes to major Asian buyers such as China and Pakistan, while pushing up local and global prices. "Supply will fall further in the coming months. Exports will not pick up till the new season harvest starts from October." The CAI had said that lower Indian production could allow rivals such as the US, Brazil and Australia to increase cargoes to major Asian buyers such as China and Pakistan, while pushing up local and global prices.The USDA said that although India was projected to be the third largest exporter globally, at around 1.8 million bales in 2022-23, it was still far below the 6.2 million bales during 2021-22. “If India increases imports and we see higher demand, ICE cotton prices could go up. But demand has been slow due to economic conditions.” Global benchmark US cotton futures posted a third consecutive monthly decline and are down more than 1% so far this year on demand concerns.👇🏻👇🏻👇🏻👇🏻https://smartinfoindia.com/hi/news-details-hindi/Cotton-prices-candy-cotton-association-india-exports-india-atul-ganatra-despite-mills
| title | Created At | Action |
|---|---|---|
| चीन में पॉलीस्टर कंपनियां अपस्ट्रीम और डाउनस्ट्रीम सेक्टरों के दबाव से संकट में.. | 20-04-2023 01:00:27 | view |
| Rupee weakens by 18 paise against dollarS | 19-04-2023 23:31:24 | view |
| China's new cotton subsidy policy may bring a positive impact on cellulose fiber | 19-04-2023 22:51:01 | view |
| SIMA urges Center to waive import duty amid cotton shortage | 19-04-2023 21:19:13 | view |
| Pakistan's cotton spot price hiked by Rs 300 per head | 19-04-2023 18:42:27 | view |
| Rupee weakens by 7 paise against dollars | 18-04-2023 23:36:42 | view |
| India's cotton export forecast for April 2023 slashed to 1.8 million bales | 18-04-2023 21:47:11 | view |
| Slow trading in Pakistan's cotton markets | 18-04-2023 18:41:55 | view |
| Rupee falls against dollar breaks 3 paise | 18-04-2023 16:29:11 | view |
| Rupee weakens by 12 paise against dollars | 17-04-2023 23:20:24 | view |
| Weekly Review of Pakistan Cotton Market. | 17-04-2023 19:01:51 | view |
| This week has been a downfall for cotton | 15-04-2023 19:48:00 | view |
| Chapter 52- Exports in the month of March decreased by $ 313 million in 1 year | 15-04-2023 18:50:52 | view |
| Pakistan's cotton market continues to boom | 15-04-2023 17:36:47 | view |
| Good news : increase in cotton seed sales in Kharif 2023 | 14-04-2023 22:03:49 | view |
| India's cotton exports fall, exports equal to imports for the first time in years: USDA | 14-04-2023 20:06:35 | view |
