-
ICE cotton futures fell for a sixth straight session on Tuesday, touching their lowest level in about two weeks, as harvest-friendly weather in US producing regions weighed down prices. "Harvest weather is perfect ... conditions are ideal in Texas," said Rogers Varner, president of Varner Brokerage in Cleveland, Mississippi.
The US Department of Agriculture's weekly crop progress report released on Monday after the market close showed 48 percent of US cotton crops were in good-to-excellent co
-
Textile Raw Material Price 2016-10-25
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
50.52
USD/Barrel
-0.65%
2016-10-25
Crude Oil Brent
805
USD/Barrel
0%
2016-10-25
PX
51.46
USD/Ton
-0.62%
2016-10-25
PTA Buy
4745
RMB/Ton
0.32%
2016-10-25
PTA Sell
610
USD/Ton
0%
2016-10-25
MEG Buy
5500
RMB/Ton
2.23%
2016-10-25
MEG Sell
660
USD/Ton
1.85%
2016-10-25
CPL Buy
-
Cotton futures dipped on Monday, settling lower for the fifth straight session, on commercial hedge pressure as the market awaited a crop progress report later in the day. The December cotton contract on ICE Futures US hit a low of 68.53 cents a lb on Monday, a bottom since October 13. "I think we are seeing hedge pressure," said Keith Brown, principal at cotton brokers Keith Brown and Co in Moultrie, Georgia.
The December cotton contract on ICE Futures US settled down 0.3 cent, or 0.43 perce
-
Textile Raw Material Price 2016-10-24
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
50.85
USD/Barrel
-1.45%
2016-10-24
Crude Oil Brent
51.78
USD/Barrel
-1.69%
2016-10-24
PX
805
USD/Ton
0%
2016-10-24
PTA Buy
4730
RMB/Ton
1.5%
2016-10-24
PTA Sell
610
USD/Ton
0.83%
2016-10-24
MEG Buy
5380
RMB/Ton
0.94%
2016-10-24
MEG Sell
648
USD/Ton
1.25%
2016-10-24
CPL Buy
-
Cotton futures settled lower for the fourth straight session on Friday, falling about 1 percent, hurt by combination of a stronger dollar and harvest pressure in the United States. The December cotton contract on ICE Futures US hit a low of 68.61 cents a lb on Friday, a bottom since October 13, while also registering its biggest weekly decline in October having slid over 2 percent this week.
"I think the dollar is a bigger part of the market going lower today," said Jobe Moss, a broker with M
-
Textile Raw Material Price 2016-10-23
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
51.6
USD/Barrel
2.6%
2016-10-23
Crude Oil Brent
52.67
USD/Barrel
1.92%
2016-10-23
PX
805
USD/Ton
0.25%
2016-10-23
PTA Buy
4660
RMB/Ton
0.76%
2016-10-23
PTA Sell
605
USD/Ton
0%
2016-10-23
MEG Buy
5330
RMB/Ton
0%
2016-10-23
MEG Sell
640
USD/Ton
0.31%
2016-10-23
CPL Buy
109
-
Cotton futures fell nearly two percent on Thursday after touching their highest level in about a month earlier in the session, dragged down by harvest pressure in the United States and a stronger dollar. The first-month December cotton contract on ICE Futures hit a session high of 71.79 cents per lb. before settling down at 69.80 cents per lb., their lowest in a week.
"The weather is great and they'll be harvesting a lot of cotton, so it could be some pre-harvest hedging ahead of the weekend,
-
Textile Raw Material Price 2016-10-20
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
51.6
USD/Barrel
2.6%
2016-10-20
Crude Oil Brent
52.67
USD/Barrel
1.92%
2016-10-20
PX
805
USD/Ton
0.25%
2016-10-20
PTA Buy
4660
RMB/Ton
0.76%
2016-10-20
PTA Sell
605
USD/Ton
0%
2016-10-20
MEG Buy
5330
RMB/Ton
0%
2016-10-20
MEG Sell
640
USD/Ton
0.31%
2016-10-20
CPL Buy
109
-
Cotton futures fell marginally for a second day on Wednesday on harvest pressure and profit-booking as the natural fibre market hovered around the overbought territory. The first-month December cotton contract on ICE Futures touched a more than three-week high of 71.70 cents per lb. on Tuesday, before settling lower to end a four-session rally.
"I think the rally was sort of precarious," said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee. "I
-
Textile Raw Material Price 2016-10-19
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
50.29
USD/Barrel
0.7%
2016-10-19
Crude Oil Brent
51.68
USD/Barrel
0.31%
2016-10-19
PX
803
USD/Ton
0%
2016-10-19
PTA Buy
4625
RMB/Ton
0%
2016-10-19
PTA Sell
605
USD/Ton
0.33%
2016-10-19
MEG Buy
5330
RMB/Ton
0.57%
2016-10-19
MEG Sell
638
USD/Ton
-0.31%
2016-10-19
CPL Buy
1