Cotton futures fell on Friday, registering the biggest loss in nearly a month as index buying waned after sharp gains in recent days even as traders took stock of China's plans to auction its massive reserves of the natural fibre. "Thursday's poor export sales data, combined with the overbought condition of the market and the (mostly) culmination of index purchases in July are the likely culprits," said Louis Rose, independent cotton trader and consultant with Risk Analytics in Memphis, Tennesse

Textile Raw Material Price 2016-04-17 Item Price Unit Fluctuation Date Crude Oil WTI 41.76 USD/Barrel -0.97% 2016-04-17 Crude Oil Brent 812 USD/Barrel 2.01% 2016-04-17 PX 44.18 USD/Ton -1.14% 2016-04-17 PTA Buy 4660 RMB/Ton 0.11% 2016-04-17 PTA Sell 624 USD/Ton 1.13% 2016-04-17 MEG Buy 5232 RMB/Ton 0.04% 2016-04-17 MEG Sell 657 USD/Ton 0.31% 2016-04-17 CPL

Cotton futures rose for a fifth straight session on Wednesday in choppy trading to an over two-month high on short-covering. "It (short-covering rally) would have come much higher if not for the index funds roll period, which created some liquidity," said Peter Egli, director of risk management at British merchant Plexus Cotton. The most-active July cotton contract on ICE Futures US settled up 0.38 cent, or 0.62 percent, at 61.29 cents per lb, after hitting 61.70 cents a lb, the highest leve

Textile Raw Material Price 2016-04-14 Item Price Unit Fluctuation Date Crude Oil WTI 42.17 USD/Barrel 4.48% 2016-04-14 Crude Oil Brent 44.69 USD/Barrel 4.34% 2016-04-14 PX 796 USD/Ton 0.38% 2016-04-14 PTA Buy 4655 RMB/Ton 1.31% 2016-04-14 PTA Sell 617 USD/Ton -0.96% 2016-04-14 MEG Buy 5230 RMB/Ton 0.58% 2016-04-14 MEG Sell 655 USD/Ton 1.55% 2016-04-14 CPL B

Cotton futures rose on Tuesday to their highest in more than two months on short covering and a slightly positive supply-demand outlook from the US government. The US Department of Agriculture lowered its forecasts for output and excess inventories globally and in the United States, the top exporter. "We probably ran our course in an over-bought market," said Louis Rose, independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee, adding that the monthly World Agricult

The cotton market on Tuesday remained firm amid moderate business activity. However, spinners could not get hold of lots of their choice because ginners were reluctant to sell their stocks at this juncture. Floor brokers said that revival of buying interest in world cotton markets and rising trend in leading cotton markets induced sentiment. But the most influencing factor was the rapidly falling cotton stocks with ginners. Presently almost all the leading cotton markets are on rising tren

Textile Raw Material Price 2016-04-13 Item Price Unit Fluctuation Date Crude Oil WTI 39.72 USD/Barrel 6.6% 2016-04-13 Crude Oil Brent 41.94 USD/Barrel 6.37% 2016-04-13 PX 790 USD/Ton 0% 2016-04-13 PTA Buy 4560 RMB/Ton 0.66% 2016-04-13 PTA Sell 620 USD/Ton 0.81% 2016-04-13 MEG Buy 5200 RMB/Ton 1.36% 2016-04-13 MEG Sell 645 USD/Ton 0% 2016-04-13 CPL Buy 10

Cotton futures surged on Monday to the highest in almost two months on short covering amid a weaker dollar and rising demand for the natural fibre. Technicals indicate shorts have "worn out their welcome," said Keith Brown, proprietor and cotton trader at Keith Brown and Co in Moultrie, Georgia. Traders said market sentiment has been buoyed by last week's export sales data, which showed a 144 percent week-on-week rise in sales of upland cotton and strong export numbers to China. "While it wa

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