VERIMILLS Market week, a plain text summary Generated 17 October 2026 at 12:38 Pakistan time Sources read 17 October 2026 Full report with every source and date https://verimills.com/raw-materials/numbers/ ============================================================================== FIBRE ------------------------------------------------------------------------------ What the raw material costs. Cotlook A Index 91.45 c/lb That is 2.02 $/kg. Up 0.80c on the week. Reading for 15 October 2026. Cotton Outlook, as printed in the USDA world market prices report. US spot cotton 75.48 c/lb Up 0.48c on the week. Week to 16 October 2026. USDA. Pakistan KCA spot Rs 18,580/maund That is 81.6 c/lb. Down Rs 100 on the week, the 37.324 kg lint maund, quoted 16 October 2026. Karachi Cotton Association official rate, read via KhiStocks. China cotton futures 15,880 CNY/t That is 107.7 c/lb. January 2027, the most traded month, down 0.09% on the day (16 October 2026). Zhengzhou Commodity Exchange. China polyester futures 8,226 CNY/t That is 55.8 c/lb. Polyester staple fibre, December 2026, the most traded month, down 0.65% on the day (16 October 2026). Zhengzhou Commodity Exchange. China polyester spot 9,085.50 CNY/t That is 61.6 c/lb. Polyester staple fibre as the physical market actually traded it, not the exchange, down 0.18% on the day (16 October 2026). It is 860 CNY/t above the futures line above, so cash is the tighter side of the two. SunSirs, China Commodity Data Group. WTI crude 96.88 $/bbl Down 1.19 on the week. The first link in the polyester chain. US EIA. ============================================================================== YARN ------------------------------------------------------------------------------ Producer prices and the fibre to yarn spread. US cotton spun yarns 82.3 index Up 0.9% on the month, up 3.3% on the year. August 2026, preliminary. US BLS producer price index. US synthetic spun yarns 144.9 index Unchanged on the month, up 1.8% on the year. August 2026, preliminary. US BLS producer price index. Spinning margin proxy 143.7 index Our own arithmetic, rebased to 100 in May 2022. Above 100 means yarn has held up better than raw cotton since then. It is not the margin of any mill. VeriMills, from two US BLS indexes. ============================================================================== GARMENTS ------------------------------------------------------------------------------ Where finished orders are actually going. US apparel imports $74.7B Twelve months to July 2026, HS 61 and 62. Down 9.3% on the twelve months before. July 2026 alone: $6.86B, down 11.2% on July 2025. Largest suppliers: Vietnam, China, Bangladesh. UN Comtrade. Fastest rising line +5.3% YoY Women's synthetic fibre knit trousers and leggings, twelve months to June 2026 against the twelve before. UN Comtrade. Fastest falling line -22.3% YoY Women's man made fibre woven blouses and shirts, twelve months to June 2026 against the twelve before. UN Comtrade. EU retail order book -3.4 balance What EU retailers expect to order over the next three months. September 2026, down 2.5 on the month, against -4.0 a year ago. European Commission survey. ============================================================================== HOME TEXTILES ------------------------------------------------------------------------------ Bed, bath and floor, and what a piece fetches. US home textile imports $13.87B Bed, bath, table, window, filled bedding and floor coverings, 2025, down 12.2% on the year. Largest suppliers: China, India, Pakistan. UN Comtrade. Largest group $2.87B Bed linen, 2025, down 13.7% on the year. UN Comtrade. Cotton bed linen, a piece $4.84 a piece US customs value for 2025, down 10.2% on the year. That is the price at the foreign port, before freight, insurance and duty, so it sits close to an FOB price and not to a landed cost. A sheet set counts as its separate pieces, never as one set. UN Comtrade. Cotton terry towel, a piece $1.07 a piece US customs value for 2025, down 9.3% on the year. That is the price at the foreign port, before freight, insurance and duty, so it sits close to an FOB price and not to a landed cost. Bath, hand and face towels all sit in this heading, so the average blends the sizes. UN Comtrade. Steepest fall -19.1% YoY Blankets and throws, 2025, $1.51B. UN Comtrade. Pakistan share 10.9% of the tracked lines $1.40B across the 39 product lines followed here, 2025, unchanged on the year. China fell 26.8% over the same year. UN Comtrade. ============================================================================== FREIGHT ------------------------------------------------------------------------------ What the sea leg adds on top. FBX global composite $3,357/FEU Up $13 against 9 October 2026. Reading of 16 October 2026. Freightos Baltic Index (FBX), Freightos. https://terminal.freightos.com CCFI composite 1922.64 points Up 0.54% on the previous reading. Reading of 16 October 2026. China originating lanes only, so it is a proxy and not a South Asian rate. Shanghai Shipping Exchange. ============================================================================== CURRENCY ------------------------------------------------------------------------------ The rates your supplier is invoicing against. USD/INR 94.96 Down 1.77 on the week. Reference fix of 16 October 2026. European Central Bank. USD/CNY 6.6862 Down 0.0059 on the week. Reference fix of 16 October 2026. European Central Bank. EUR/USD 1.1253 Up 0.0047 on the week. Reference fix of 16 October 2026. European Central Bank. GBP/USD 1.3335 Up 0.0115 on the week. Reference fix of 16 October 2026. European Central Bank. ============================================================================== WHAT IS DUE NEXT ------------------------------------------------------------------------------ Expected, not promised. A publisher can move a release around a holiday. Weekday numbers Mon 19 Oct, 20:10 PKT Currencies, Shankar-6 and crude. Cotton Sat 24 Oct, 08:00 PKT The USDA weekly review and the US spot quote. Monthly tables Sat 14 Nov, 10:00 PKT WASDE, Cotlook, Comtrade and the BLS indexes. ============================================================================== WHERE TO READ MORE ------------------------------------------------------------------------------ Free to read, no subscription. We publish the link and never the article. Fibre2Fashion Fibre, yarn and fabric Their textile news feed. The fastest free read on what Asian mills are saying. https://www.fibre2fashion.com/news/textile-news Apparel Resources Garment factories Orders, factory investment and buyer moves across South and South East Asia. https://apparelresources.com/top-news/business-news/ Textile Today Bangladesh Inside Bangladeshi mills and factories, which set the price everyone else is compared against. https://www.textiletoday.com.bd/category/news-analysis-textile-apparel Textile World United States An American view of yarns, fibres and processing, a counterweight to the Asian trade press. https://www.textileworld.com/category/textile-world/breaking-news/ FashionUnited Retail and brands Retail and brand news, which is where a garment order is created long before it reaches a factory. https://fashionunited.com/news/business USDA cotton market news Cotton prices The official US spot price and shipment reports, and the source of our own cotton card. https://www.ams.usda.gov/market-news/cotton ============================================================================== SOURCES AND TERMS ------------------------------------------------------------------------------ Every figure above was read from one of these. A line is missing rather than guessed when its source could not be read. - Cotton Outlook, as printed in the USDA world market prices report - European Central Bank - European Commission survey - Freightos Baltic Index (FBX), Freightos. - Karachi Cotton Association official rate, read via KhiStocks - Shanghai Shipping Exchange - SunSirs, China Commodity Data Group - UN Comtrade - US BLS producer price index - US EIA - USDA - VeriMills, from two US BLS indexes - Zhengzhou Commodity Exchange World Bank commodity data is used under CC BY 4.0. European Commission survey data is used under its reuse policy. US federal figures are works of the United States government and are in the public domain under 17 U.S.C. 105. Freightos FBX figures are reproduced with credit and a link, as the Freightos terms require. UN Comtrade figures are United Nations data, shown under the UN reuse policy for small extracts. The Zhengzhou Commodity Exchange settlements and the Karachi Cotton Association rate are quoted as credited facts; neither body publishes a licence, and neither table is reproduced. Rebasing, unit conversion and the spinning margin proxy are our own computation and are not the output of any source named above. Nothing here is an offer, a quotation, or advice to buy or sell. ============================================================================== VERIMILLS ------------------------------------------------------------------------------ Danish Wazir DW@verimills.com Phone and WhatsApp +92 321 389 7850 Offices Karachi, Pakistan and Dhaka, Bangladesh Web https://verimills.com/raw-materials/numbers/