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ICE cotton futures settled down nearly 1 percent on Friday, marking a one-week low, after the US Department of Agriculture raised its projections for production and inventories by the end of the 2016/17 crop year, amid a stronger dollar.
The March cotton contract on ICE Futures touched a session low of 70.30 cents, a bottom since Dec. 2, following the release of USDA's World Agricultural Supply and Demand Estimates (WASDE) report on Friday. Cotton slipped 0.3 percent lower for the week, marki
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Textile Raw Material Price 2016-12-11
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
80.84
USD/Barrel
62.43%
2016-12-11
Crude Oil Brent
820
USD/Barrel
-0.12%
2016-12-11
PX
53.89
USD/Ton
1.68%
2016-12-11
PTA Buy
4980
RMB/Ton
0.1%
2016-12-11
PTA Sell
615
USD/Ton
0%
2016-12-11
MEG Buy
7150
RMB/Ton
0.92%
2016-12-11
MEG Sell
830
USD/Ton
0%
2016-12-11
CPL Buy
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Cotton futures rose to their highest level in about a week on Thursday, supported by robust weekly US export sales data, but gains were limited by a stronger dollar. "We saw an immediate reaction by the market as prices spiked up when the numbers were released," said Gabriel Crivorot, analyst at Societe Generale in New York.
Export data from the US Department of Agriculture showed net upland sales of 405,200 running bales of cotton for the week ended Dec. 1, compared with 202,300 running bale
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Textile Raw Material Price 2016-12-08
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
49.77
USD/Barrel
-2.28%
2016-12-08
Crude Oil Brent
53
USD/Barrel
-1.72%
2016-12-08
PX
821
USD/Ton
0%
2016-12-08
PTA Buy
4975
RMB/Ton
0%
2016-12-08
PTA Sell
615
USD/Ton
0.16%
2016-12-08
MEG Buy
7085
RMB/Ton
4.42%
2016-12-08
MEG Sell
830
USD/Ton
5.06%
2016-12-08
CPL Buy
14
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Cotton futures edged higher on Tuesday and marked its highest one-day percentage rise in about a week, on buying by mills, but gains were capped by a stronger dollar. "There is lot of support under the market from mill fixations," said Peter Egli, director of risk management at British merchant Plexus Cotton. The March cotton contract on ICE Futures US settled up 0.32 cent, or 0.45 percent, at 71.33 cents per lb. It was the highest one-day percentage gain since November 28. It traded within a ra
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Textile Raw Material Price 2016-12-07
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
50.93
USD/Barrel
-1.66%
2016-12-07
Crude Oil Brent
821
USD/Barrel
-0.36%
2016-12-07
PX
53.93
USD/Ton
-1.84%
2016-12-07
PTA Buy
4975
RMB/Ton
-0.5%
2016-12-07
PTA Sell
614
USD/Ton
-0.16%
2016-12-07
MEG Buy
6785
RMB/Ton
1.27%
2016-12-07
MEG Sell
790
USD/Ton
0.89%
2016-12-07
CP
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Cotton futures remained little changed on Monday in subdued trading activity, ahead of the monthly supply-demand report from the US Department of Agriculture later this week. "We saw what looked to be speculative long liquidation late last week. Further speculator buying may very well be muted ahead of the weekly US export sales data and WASDE report," said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee.
The USDA's World Agricultural Supply a
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Textile Raw Material Price 2016-12-06
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
51.79
USD/Barrel
1.43%
2016-12-06
Crude Oil Brent
54.94
USD/Barrel
1.85%
2016-12-06
PX
824
USD/Ton
0.86%
2016-12-06
PTA Buy
5000
RMB/Ton
1.32%
2016-12-06
PTA Sell
615
USD/Ton
0.82%
2016-12-06
MEG Buy
6700
RMB/Ton
4.2%
2016-12-06
MEG Sell
783
USD/Ton
4.68%
2016-12-06
CPL Buy
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Top 10 Rising Categories
Top 10 Falling Categories
1.Belt
3.67%
1.Cotton Fabric
-3.97%
2.Lining
3.60%
2.Thread & Rope
-3.79%
3.Chemical Fiber Grey Cloth
2.57%
3.Household Textiles
-3.34%
4.RW Fabric
1.51%
4.Other Chemical Fibers
-2.30%
5.Apparel Lining
0.82%
5.Nylon Fabric
-2.09%
6.Viscose
0.45%
6.TR Fabric
-1.60%
7.Window Screen
0.43%
7.Fashion Fabric
-1.59%
8.TW Fabric
0.27%
8.Vi
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Cotton futures remained little changed on Monday in subdued trading activity, ahead of the monthly supply-demand report from the US Department of Agriculture later this week. "We saw what looked to be speculative long liquidation late last week. Further speculator buying may very well be muted ahead of the weekly US export sales data and WASDE report," said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee.
The USDA's World Agricultural Supply a