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The cotton market on Tuesday remained firm amid moderate business activity. However, spinners could not get hold of lots of their choice because ginners were reluctant to sell their stocks at this juncture.
Floor brokers said that revival of buying interest in world cotton markets and rising trend in leading cotton markets induced sentiment. But the most influencing factor was the rapidly falling cotton stocks with ginners.
Presently almost all the leading cotton markets are on rising tren
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Textile Raw Material Price 2016-04-13
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
39.72
USD/Barrel
6.6%
2016-04-13
Crude Oil Brent
41.94
USD/Barrel
6.37%
2016-04-13
PX
790
USD/Ton
0%
2016-04-13
PTA Buy
4560
RMB/Ton
0.66%
2016-04-13
PTA Sell
620
USD/Ton
0.81%
2016-04-13
MEG Buy
5200
RMB/Ton
1.36%
2016-04-13
MEG Sell
645
USD/Ton
0%
2016-04-13
CPL Buy
10
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Cotton futures surged on Monday to the highest in almost two months on short covering amid a weaker dollar and rising demand for the natural fibre. Technicals indicate shorts have "worn out their welcome," said Keith Brown, proprietor and cotton trader at Keith Brown and Co in Moultrie, Georgia. Traders said market sentiment has been buoyed by last week's export sales data, which showed a 144 percent week-on-week rise in sales of upland cotton and strong export numbers to China.
"While it wa
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Top 10 Rising Categories
Top 10 Falling Categories
1.Nylon Fabric
3.26%
1.Blended
-1.09%
2.Belt
2.97%
2.Apparel Lining
-1.07%
3.Lining
2.65%
3.TC Fabric
-0.90%
4.Chemical Fiber Grey Cloth
2.53%
4.Natural Fiber Grey Cloth
-0.87%
5.Thread & Rope
1.80%
5.TS Fabric
-0.76%
6.Lace
1.71%
6.Fashion Fabric
-0.74%
7.Blended Fiber Grey Cloth
1.46%
7.TW Fabric
-0.42%
8.TR Fabric
1.27%
8.Polyes
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No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Lustrous Jacquard Printed Curtain Fabric
280
580g/m
15.60yuan/m
②
Printed Rayon Fabric
145
40S×40S、100×80
8.80yuan/m
③
Reactive Printed Chiffon
150
75DFDY×75DFDY
7.80yuan/m
④
TS Two Way Stretch
150
380g/m
13.20yuan/m
⑤
Cotton Pad-dyed Drill
148
20S×16S、128×60
14.80yuan/m
⑥
T/R Serg
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Cotton futures rose on Friday to the highest in over six weeks, breaking through the key psychological level of 60.40 cents per pound on short covering, amid an outlook for tight supplies and an uptick in overall commodities. "Fundamentals are bullish... there is a lack of tangible, high grade current crop, not just in the United States, but worldwide," said Peter Egli, director of risk management at British merchant Plexus Cotton.
The front month May contract on ICE Futures US has been trad
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Textile Raw Material Price 2016-04-10
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
37.26
USD/Barrel
-1.3%
2016-04-10
Crude Oil Brent
39.43
USD/Barrel
-1.03%
2016-04-10
PX
791
USD/Ton
0.51%
2016-04-10
PTA Buy
4580
RMB/Ton
0%
2016-04-10
PTA Sell
623
USD/Ton
1.3%
2016-04-10
MEG Buy
5280
RMB/Ton
-1.49%
2016-04-10
MEG Sell
665
USD/Ton
-2.06%
2016-04-10
CPL Buy
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Cotton futures settled lower for a third straight session on Wednesday in choppy trading as traders awaited export sales data due on Thursday. The market is waiting to see the export sales figures and the supply and demand report on Tuesday, said Rogers Varner, president of Varner Brokerage in Cleveland, Mississippi, adding that he doesn't see much activity until then.
The front-month May contract on ICE Futures US settled down 0.15 cent, or 0.25 percent, at 58.75 cents per lb, after trading
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Textile Raw Material Price 2016-04-07
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
37.75
USD/Barrel
5.74%
2016-04-07
Crude Oil Brent
39.84
USD/Barrel
5.7%
2016-04-07
PX
787
USD/Ton
-2.36%
2016-04-07
PTA Buy
4580
RMB/Ton
-2.86%
2016-04-07
PTA Sell
615
USD/Ton
-2.38%
2016-04-07
MEG Buy
5360
RMB/Ton
-3.07%
2016-04-07
MEG Sell
679
USD/Ton
-2.72%
2016-04-07
CP
-
Cotton futures ended near flat on Tuesday after touching a four-week high on Monday amid weak outside markets as a stronger dollar offset traders' expectations for a test of the key 60-cent price level. "Cotton moved sideways in very typical consolidation mode," INTL FCStone said in a note adding, "until proven otherwise, we look for the market to test resistance at 60.40."
The front-month May contract on ICE Futures US settled down 0.06 cent, or 0.10 percent, at 58.9 cents per lb, after tra