Textile Raw Material Price 2016-05-17 Item Price Unit Fluctuation Date Crude Oil WTI 47.72 USD/Barrel 3.27% 2016-05-17 Crude Oil Brent 48.97 USD/Barrel 2.38% 2016-05-17 PX 800 USD/Ton 1.14% 2016-05-17 PTA Buy 4595 RMB/Ton 1.32% 2016-05-17 PTA Sell 605 USD/Ton 0.83% 2016-05-17 MEG Buy 5030 RMB/Ton 0.5% 2016-05-17 MEG Sell 625 USD/Ton 0.48% 2016-05-17 CPL Buy

Textile Raw Material Price 2016-05-16 Item Price Unit Fluctuation Date Crude Oil WTI 46.21 USD/Barrel -1.05% 2016-05-16 Crude Oil Brent 47.83 USD/Barrel -0.52% 2016-05-16 PX 791 USD/Ton -0.88% 2016-05-16 PTA Buy 4535 RMB/Ton -1.2% 2016-05-16 PTA Sell 600 USD/Ton -0.83% 2016-05-16 MEG Buy 5005 RMB/Ton -0.3% 2016-05-16 MEG Sell 622 USD/Ton -0.16% 2016-05-16 C

Cotton futures slipped on Friday to the lowest in nearly four weeks, pressured by a downturn in commodities markets amid a stronger dollar. The July cotton contract on ICE Futures US fell about 1.63 percent for the week. "Strengthening US currency is not helping with volume from the trade," said Louis Rose, independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee. The natural fiber will trade in a narrow range, between 60 and 65 cents per lb, this year, Singapore-bas

Textile Raw Material Price 2016-05-15 Item Price Unit Fluctuation Date Crude Oil WTI 46.7 USD/Barrel 1.02% 2016-05-15 Crude Oil Brent 48.08 USD/Barrel 1.01% 2016-05-15 PX 798 USD/Ton 0.63% 2016-05-15 PTA Buy 4590 RMB/Ton -0.86% 2016-05-15 PTA Sell 605 USD/Ton 0.83% 2016-05-15 MEG Buy 5020 RMB/Ton 0.6% 2016-05-15 MEG Sell 623 USD/Ton 0.81% 2016-05-15 CPL Buy

Cotton futures inched lower for the third straight session on Wednesday, pressured by losses in the grains markets. The fibre market is in a "straight follow through from the past six or seven trades - they just moved lower - as there is no fundamental reason for it to move higher," said Jim Lambert, director of sales at FCStone Merchant Services in Nashville, Tennessee. The market also awaited weekly export sales data from the United States on Thursday. The front-month July cotton contract o

Textile Raw Material Price 2016-05-12 Item Price Unit Fluctuation Date Crude Oil WTI 46.23 USD/Barrel 3.52% 2016-05-12 Crude Oil Brent 47.6 USD/Barrel 4.57% 2016-05-12 PX 793 USD/Ton 0.38% 2016-05-12 PTA Buy 4630 RMB/Ton 0% 2016-05-12 PTA Sell 600 USD/Ton 0% 2016-05-12 MEG Buy 4990 RMB/Ton 0% 2016-05-12 MEG Sell 618 USD/Ton 0% 2016-05-12 CPL Buy 9700

Cotton futures drifted down to close at their lowest levels in about three weeks on Tuesday on a US supply-demand report that prompted a slightly negative reaction and a stronger dollar. In its monthly World Agriculture Supply and Demand Estimate report, the US Department of Agriculture raised its outlook for domestic inventories of cotton to be carried into the 2016/17 crop year but forecast world stocks to decline next year. "The domestic data was negative for the old crop and the global d

Steady flow of buying orders kept cotton prices firm on Wednesday. However, activity could not expand as sellers were reluctant to make new deals. Market sources said that though there was strong demand for quality cotton from spinners, ginners preferred to hold back their stocks in anticipation of getting higher price in the coming days. Spinners have once again started importing cotton; around 30,000 bales have been imported from West Africa last month, brokers said. Earlier this season,

Textile Raw Material Price 2016-05-11 Item Price Unit Fluctuation Date Crude Oil WTI 44.66 USD/Barrel 2.81% 2016-05-11 Crude Oil Brent 45.52 USD/Barrel 4.33% 2016-05-11 PX 790 USD/Ton -0.25% 2016-05-11 PTA Buy 4630 RMB/Ton -0.22% 2016-05-11 PTA Sell 600 USD/Ton 0% 2016-05-11 MEG Buy 4990 RMB/Ton -0.2% 2016-05-11 MEG Sell 618 USD/Ton -0.32% 2016-05-11 CPL Bu

Prices recovered modest ground on the cotton market on Tuesday in the process of trading, dealers said. The official spot rate was up by Rs 50 to Rs 5,600 dealers said. In the Punjab, prices showed no change at Rs 3100 and Rs 3400, they said. In the ready business, over 5000 bales of cotton changed hands between Rs 5200-6000, they said. Some brokers said that local market shrugged of overnight weakness, recovering modestly due to persistent demand by mills. Cotton analyst, Naseem Usman said t