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  • Cotton futures prices fell to the lowest in over a week on Wednesday, weighed down by rains in key producing areas in the United States and a stronger US dollar. "Showers and rain across West Texas (Tuesday) evening and higher US currency value are likely tempering buying interest," said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis. Rain in August, albeit late, is beneficial to the crop, according to Jordan Lea, chairman and co-owner of Eastern Tradin
  • Textile Raw Material Price 2016-08-24 Item Price Unit Fluctuation Date Crude Oil WTI 48.1 USD/Barrel 1.46% 2016-08-24 Crude Oil Brent 809 USD/Barrel -0.37% 2016-08-24 PX 49.96 USD/Ton 1.63% 2016-08-24 PTA Buy 4580 RMB/Ton -0.11% 2016-08-24 PTA Sell 605 USD/Ton -0.17% 2016-08-24 MEG Buy 5180 RMB/Ton 0.97% 2016-08-24 MEG Sell 633 USD/Ton 1.44% 2016-08-24 CPL
  • Cotton futures rose marginally on Tuesday to trade in a tight range, even as weekly crop progress data from the US government offered limited support to prices. "The markets are trying to hang on to this uptrend line going back to February and it's anybody's guess whether it'll be successful or not," said Peter Egli, director of risk management at British merchant Plexus Cotton. "I don't think the fundamentals are moving the market right now, I think it's more money flow." The US Department o
  • Textile Raw Material Price 2016-08-23 Item Price Unit Fluctuation Date Crude Oil WTI 47.41 USD/Barrel -2.39% 2016-08-23 Crude Oil Brent 812 USD/Barrel -0.61% 2016-08-23 PX 49.16 USD/Ton -3.15% 2016-08-23 PTA Buy 4585 RMB/Ton -1.93% 2016-08-23 PTA Sell 606 USD/Ton -0.33% 2016-08-23 MEG Buy 5130 RMB/Ton -0.41% 2016-08-23 MEG Sell 624 USD/Ton -0.32% 2016-08-23
  • Cotton futures registered their biggest intraday percentage gain in 11 days on Monday as investors covered short positions ahead of a weekly crop progress report from the US Department of Agriculture. "We're seeing some short covering," said Jobe Moss, a broker with MCM Inc in Lubbock, Texas. "(Soybeans) are up a little bit, the US dollar is practically unchanged; there is nothing, really, to trade off of." The December cotton contract on ICE Futures US settled up 0.25 cent, or 0.37 percent,
  • Textile Raw Material Price 2016-08-22 Item Price Unit Fluctuation Date Crude Oil WTI 48.57 USD/Barrel 0.73% 2016-08-22 Crude Oil Brent 817 USD/Barrel 0.62% 2016-08-22 PX 50.76 USD/Ton -0.26% 2016-08-22 PTA Buy 4675 RMB/Ton 0% 2016-08-22 PTA Sell 608 USD/Ton 0% 2016-08-22 MEG Buy 5151 RMB/Ton 0.02% 2016-08-22 MEG Sell 626 USD/Ton 0.48% 2016-08-22 CPL Buy
  • Cotton futures snapped two straight sessions of gains and fell on Friday on speculator liquidation ahead of the weekend amid a stronger dollar. "I think we are still seeing some speculator liquidation and a failure of a lot of speculators buying ahead of the weekend," said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis. The second month December cotton contract on ICE Futures US declined about 3.7 percent for the week. "There were just not enough bargai
  • Textile Raw Material Price 2016-08-21 Item Price Unit Fluctuation Date Crude Oil WTI 48.22 USD/Barrel 3.06% 2016-08-21 Crude Oil Brent 812 USD/Barrel 0% 2016-08-21 PX 50.89 USD/Ton 2.09% 2016-08-21 PTA Buy 4675 RMB/Ton 0.54% 2016-08-21 PTA Sell 608 USD/Ton 0% 2016-08-21 MEG Buy 5150 RMB/Ton 0.59% 2016-08-21 MEG Sell 623 USD/Ton 0% 2016-08-21 CPL Buy 1140
  • Textile Raw Material Price 2016-08-11 Item Price Unit Fluctuation Date Crude Oil WTI 41.71 USD/Barrel -2.48% 2016-08-11 Crude Oil Brent 800 USD/Barrel 0% 2016-08-11 PX 44.05 USD/Ton -2.07% 2016-08-11 PTA Buy 4600 RMB/Ton 1.1% 2016-08-11 PTA Sell 608 USD/Ton 1% 2016-08-11 MEG Buy 5022 RMB/Ton 0% 2016-08-11 MEG Sell 612 USD/Ton 0.33% 2016-08-11 CPL Buy 113
  • ICE cotton futures fell to their lowest in nearly a month on Wednesday as speculators liquidated long positions in follow through selling after the natural fibre market traded limit down on Tuesday, ahead of the release of reports from the US government this week. On Tuesday, the second month December cotton contract on ICE Futures US settled down 3 cents, or 3.94 percent, registering the biggest intraday percentage loss in nearly a year to trade limit down. ICE said in a notice after the mar
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