ICE cotton sank on Monday to post its biggest loss in over six weeks as the weakening of Tropical Storm Karen eased worry over crop damage in the United States, the world's top exporter, and as the US government shutdown and budget impasse kept investors skittish. The most-active December cotton contract on ICE Futures US dropped 3.16 cents, or 3.6 percent, to settle at 84.02 cents a lb, after hitting 83.60 cents a lb, the lowest price in a month. It was the second month's biggest daily loss

Textile Raw Material Price 2013-10-09 Item Price Unit Fluctuation Date Oil WTI 103.03 USD/Barrel 0.16 2013-10-09 PX 1472 USD/Ton -16 2013-10-09 PTA Buy 7620 RMB/Ton -20 2013-10-09 PTA Sell 1052 USD/Ton 0 2013-10-09 MEG Buy 7810 RMB/Ton -20 2013-10-09 MEG Sell 1055 USD/Ton -3 2013-10-09 CPL Buy 18500 RMB/Ton 0 2013-10-09 CPL Sell 2390 US

Textile Raw Material Price 2013-10-08 Item Price Unit Fluctuation Date Oil WTI 102.87 USD/Barrel 0 2013-10-08 PX 1488 USD/Ton 0 2013-10-08 PTA Buy 7640 RMB/Ton 0 2013-10-08 PTA Sell 1052 USD/Ton 0 2013-10-08 MEG Buy 7830 RMB/Ton -10 2013-10-08 MEG Sell 1058 USD/Ton 0 2013-10-08 CPL Buy 18500 RMB/Ton 0 2013-10-08 CPL Sell 2390 USD/Ton

New Zealand Wool Services International Limiteds Marketing Executive, Mr Paul Steel reports that the 6,800 bales on offer in the North Island attracted strong interest in most sectors with a 95 percent clearance.Wool Remains Firm. New Zealand Wool Services International Limited’s Marketing Executive, Mr Paul Steel reports that the 6,800 bales on offer in the North Island attracted strong interest in most sectors with a 95 percent clearance. The weighted indicator for the main trading curr

Domestic cotton prices slumped by Rs 300 to Rs 400 per maund (37.32 Kgs) within a week because of increased arrivals of seedcotton (Kapas/Phutti), particularly in the Punjab Moreover, increases in the prices of gas, power and petrol have also adversely affected the working of the textile industry in Pakistan. Indeed the prices of seedcotton have gone down by Rs 200 to Rs 300 per 40 Kilogrammes. Thus on Thursday the prices of seedcotton in Sindh said to have ranged from Rs 2600 to Rs 3050 per

The Cotton Ginners Association (CGA) has revealed that cotton output for the 2013 marketing season declined by 59 percent owing to poor rainfall patterns and the low producer price. Statistics from CGA show that 143 million kilograms of cotton seed were sold during the 2013 marketing season compared to 350 million in 2012. The 2013 marketing season, which began at the end of April, closed in August 2013. Depending on the season and size of crop, the marketing of seed cotton usually takes p

Textile Raw Material Price 2013-09-29 Item Price Unit Fluctuation Date Oil WTI 103.03 USD/Barrel -0.1 2013-09-29 PX 1505 USD/Ton 2 2013-09-29 PTA Buy 7640 RMB/Ton -20 2013-09-29 PTA Sell 1050 USD/Ton -5 2013-09-29 MEG Buy 7830 RMB/Ton 20 2013-09-29 MEG Sell 1058 USD/Ton 3 2013-09-29 CPL Buy 18500 RMB/Ton 0 2013-09-29 CPL Sell 2380 USD/T

Textile Raw Material Price 2013-09-27 Item Price Unit Fluctuation Date Oil WTI 103.13 USD/Barrel -0.46 2013-09-27 PX 1503 USD/Ton 3 2013-09-27 PTA Buy 7660 RMB/Ton -20 2013-09-27 PTA Sell 1055 USD/Ton -3 2013-09-27 MEG Buy 7810 RMB/Ton -20 2013-09-27 MEG Sell 1055 USD/Ton -8 2013-09-27 CPL Buy 18500 RMB/Ton 0 2013-09-27 CPL Sell 2380 US

Textile Raw Material Price 2013-09-26 Item Price Unit Fluctuation Date Oil WTI 103.59 USD/Barrel 0 2013-09-26 PX 1500 USD/Ton 6 2013-09-26 PTA Buy 7680 RMB/Ton 0 2013-09-26 PTA Sell 1058 USD/Ton -2 2013-09-26 MEG Buy 7830 RMB/Ton -50 2013-09-26 MEG Sell 1063 USD/Ton -7 2013-09-26 CPL Buy 18500 RMB/Ton 0 2013-09-26 CPL Sell 2370 USD/Ton

Cotton futures in India, the world's second-largest grower, are expected to rise this week as rains could hamper harvesting and delay supplies from the new season crop while depleting stocks may aid the upside. Fresh produce of cotton typically starts arriving in local markets from September-end or October but rains during harvesting could cause delays and increase the moisture content in the crop. "Rains during the harvesting period could push back supplies from the new crop. Already ther