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Cotton futures fell in light volume on Tuesday, with many traders closing shop ahead of the holidays, as open interest continued to decline after a speculator-driven rally earlier in the month was not matched by physical activity. "The business is down under 60 cents - that's where we can sell cotton," said Jobe Moss, a broker with MCM Inc in Lubbock, Texas.
March cotton on ICE Futures US settled down 0.16 cent, or 0.25 percent, at 63.16 cents per lb. It traded within a range of 63.06 and 63
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Textile Raw Material Price 2015-12-23
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
36.14
USD/Barrel
0.92%
2015-12-23
Crude Oil Brent
36.11
USD/Barrel
-0.66%
2015-12-23
PX
765
USD/Ton
0.13%
2015-12-23
PTA Buy
4275
RMB/Ton
0%
2015-12-23
PTA Sell
580
USD/Ton
0%
2015-12-23
MEG Buy
4430
RMB/Ton
0%
2015-12-23
MEG Sell
570
USD/Ton
0%
2015-12-23
CPL Buy
10000
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Cotton futures fell in light volume on Tuesday, with many traders closing shop ahead of the holidays, as open interest continued to decline after a speculator-driven rally earlier in the month was not matched by physical activity.
"The business is down under 60 cents - that's where we can sell cotton," said Jobe Moss, a broker with MCM Inc in Lubbock, Texas. March cotton on ICE Futures US settled down 0.16 cent, or 0.25 percent, at 63.16 cents per lb. It traded within a range of 63.06 and 63
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Textile Raw Material Price 2015-12-22
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
35.81
USD/Barrel
3.11%
2015-12-22
Crude Oil Brent
36.35
USD/Barrel
-1.44%
2015-12-22
PX
764
USD/Ton
0.39%
2015-12-22
PTA Buy
4245
RMB/Ton
0%
2015-12-22
PTA Sell
580
USD/Ton
0%
2015-12-22
MEG Buy
4410
RMB/Ton
0%
2015-12-22
MEG Sell
570
USD/Ton
0%
2015-12-22
CPL Buy
10000
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Cotton futures fell in light volume on Monday, confined to a tight trading range after data released late Friday showed speculators had built up their largest net long position in 2-1/2 years, discouraging further buying. "We're going to see the market basically range trade," said Michael Quinn, president and chief executive officer of Carolinas Cotton Growers Co-operative. "You're going to have to see the market rally, and sustain a rally, for the specs to want to go longer."
March cotton o
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Textile Raw Material Price 2015-12-21
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
34.73
USD/Barrel
-0.63%
2015-12-21
Crude Oil Brent
36.88
USD/Barrel
-0.49%
2015-12-21
PX
761
USD/Ton
0.26%
2015-12-21
PTA Buy
4225
RMB/Ton
0%
2015-12-21
PTA Sell
580
USD/Ton
0%
2015-12-21
MEG Buy
4370
RMB/Ton
0%
2015-12-21
MEG Sell
555
USD/Ton
0%
2015-12-21
CPL Buy
10050
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Cotton futures snapped a six-day streak of declines on Friday to post their largest single-session gains in two weeks and finish the week little-changed, with the day's gains attributed to a quick flurry of buying amid options expiry. Prices spiked at 1:30 pm EDT (1830 GMT) after holding near unchanged for most of the session, which traders said was likely due to market participants squaring positions by buying futures as cotton options expired Friday.
"It was a flash in the pan connected to
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Textile Raw Material Price 2015-12-20
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
34.95
USD/Barrel
-6.43%
2015-12-20
Crude Oil Brent
37.06
USD/Barrel
-3.62%
2015-12-20
PX
759
USD/Ton
-0.65%
2015-12-20
PTA Buy
4225
RMB/Ton
0%
2015-12-20
PTA Sell
580
USD/Ton
0%
2015-12-20
MEG Buy
4370
RMB/Ton
-2.24%
2015-12-20
MEG Sell
555
USD/Ton
-2.63%
2015-12-20
CPL Buy
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Cotton futures dipped in light volume on Wednesday, paring gains from earlier in the session after the US Federal Reserve announced an interest rate hike, boosting the dollar and raising concerns that capital would flow out of commodities. "We had a real modest day on the volume," said Louis Rose, independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee, noting that "cheap money" that has flowed into commodities like cotton as a result of "loose policy" may seek out mor
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Textile Raw Material Price 2015-12-17
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
37.35
USD/Barrel
2.86%
2015-12-17
Crude Oil Brent
38.45
USD/Barrel
1.4%
2015-12-17
PX
764
USD/Ton
0.13%
2015-12-17
PTA Buy
4225
RMB/Ton
0.36%
2015-12-17
PTA Sell
580
USD/Ton
0%
2015-12-17
MEG Buy
4470
RMB/Ton
0.11%
2015-12-17
MEG Sell
570
USD/Ton
0.35%
2015-12-17
CPL Buy