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Prices18 Apr 2017The drop in price level of Chinese viscose staple fibre began to accelerate once again, as it fell in terms of yuan by 3.8% to 15,540 yuan per tonne from 16,150 yuan per tonne quoted on 7 April the week before. On the other hand, polyester staple fibre showed signs of a temporary recovery, as prices increased marginally on Friday by 0.46% to 7680 yuan per tonne from 7,645 yuan per tonne quoted on 7 April the week before. Polyester yarns increased 1.7% to 11,950 yuan per tonne relative to 11,750 yuan per tonne quoted the week before, while viscose faced a 0.98% drop in price level to 20,200 yuan per tonne from 20,400 yuan per tonne the week before. Pakistan cotton prices remained stable, while Indian cotton fibres fell marginally. Expected Indian cotton supply was revised upwards in March relative to February, thanks to stronger than expected imports. Demand was also revised upwards, especially from the domestic market. In Pakistan, expected cotton supply was revised downwards in March compared to February, due to a drop in domestic productivity. Cotton fibre prices in Karachi remained stable relative to the week before. By Friday, the Indian rupee fell marginally by 0.3% relative to the week before against the dollar, while the Chinese yuan increased by 0.25%.
Software company Corel has introduced CorelDRAW Graphics Suite 2017, the latest version of its flagship graphics software that offers designers a new, hands-on creative experience.
