-
ICE cotton futures touched their highest level since early November on Monday on a chart-fuelled jump, before paring gains on producer selling. Commodities markets were broadly higher, lending support. A breach of resistance at a long-term downtrend line around 62.60 cents per lb and the 20- and 50-day moving averages was technically positive, said a US trader.
"We hit trailing (buy-)stops," he said. The March cotton contract on ICE Futures US settled up 0.62 cent, or 1 percent, at 62.61 cen
-
Textile Raw Material Price 2015-11-17
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
40.74
USD/Barrel
-5.1%
2015-11-17
Crude Oil Brent
43.61
USD/Barrel
-4.8%
2015-11-17
PX
789
USD/Ton
-0.75%
2015-11-17
PTA Buy
4700
RMB/Ton
1.08%
2015-11-17
PTA Sell
585
USD/Ton
0%
2015-11-17
MEG Buy
4590
RMB/Ton
-1.5%
2015-11-17
MEG Sell
595
USD/Ton
-2.14%
2015-11-17
CPL Buy
-
Top 10 Rising Categories
Top 10 Falling Categories
1.Lining
3.71%
1.TS Fabric
-3.04%
2.Lace
2.03%
2.Thread & Rope
-3.02%
3.TW Fabric
1.16%
3.Viscose Fabric
-1.87%
4.Household Textiles
1.16%
4.RW Fabric
-1.42%
5.Natural Fiber Grey Cloth
0.90%
5.Other Chemical Fibers
-0.65%
6.Blended Fiber Grey Cloth
0.83%
6.Nylon Fabric
-0.64%
7.Polyester Fabric
0.78%
7.Apparel Lining
-0.60%
8.Bedding
-
Prices ascended on the cotton market on Monday amid selective buying by mills and spinners mainly, dealers said. The official spot rate gained Rs 50 to Rs 5,300, dealers said. In Sindh, seed cotton prices were up by Rs 100 to Rs 2400 and Rs 3000 and in the Punjab rates were higher by Rs 50 to Rs 2500 and Rs 3100, they said. In the ready business, nearly 4,000 of deals were finalised between Rs 5400 and Rs 5600, they said.
Commenting on the thin business, cotton analyst, Naseem Usman attribut
-
Textile Raw Material Price 2015-11-16
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
40.74
USD/Barrel
-5.1%
2015-11-16
Crude Oil Brent
43.61
USD/Barrel
-4.8%
2015-11-16
PX
789
USD/Ton
-0.75%
2015-11-16
PTA Buy
4700
RMB/Ton
1.08%
2015-11-16
PTA Sell
585
USD/Ton
0%
2015-11-16
MEG Buy
4590
RMB/Ton
-1.5%
2015-11-16
MEG Sell
595
USD/Ton
-2.14%
2015-11-16
CPL Buy
-
No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Lustrous Jacquard Printed Curtain Fabric
280
580g/m
15.00yuan/m
②
TW Slub Woolen Velvet
150
550g/m
28.00yuan/m
③
Cotton Pad-dyed Drill
148
20S×16S、128×60
14.60yuan/m
④
T/R Serge
150
480g/m
17.50yuan/m
⑤
Cotton Reactive-printed twill quilt cover fabric
235
40S×40S、128×68
14.50yuan/m
⑥
-
ICE cotton futures fell on Friday, touching a one-month low, under pressure from disappointing US government weekly export data, outside market pressure and a rising US dollar. Sales of upland cotton were down and shipments slumped 57 percent from the previous week, US Department of Agriculture (USDA) data showed on Friday. "There's cotton around that hasn't found a home," said a US broker, noting lacklustre demand.
Falling equities and grains markets also weighed. The buoyant US dollar pres
-
Textile Raw Material Price 2015-11-15
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
42.93
USD/Barrel
-2.9%
2015-11-15
Crude Oil Brent
45.81
USD/Barrel
-3.44%
2015-11-15
PX
795
USD/Ton
-1.49%
2015-11-15
PTA Buy
4650
RMB/Ton
-1.06%
2015-11-15
PTA Sell
585
USD/Ton
0%
2015-11-15
MEG Buy
4660
RMB/Ton
-2.31%
2015-11-15
MEG Sell
608
USD/Ton
-1.14%
2015-11-15
CPL
-
ICE cotton prices retreated on Thursday as rains eased in key growing regions of the United States during the harvest and weak demand weighed. "Buyers aren't chasing this market," said Jobe Moss, a broker with MCM Inc in Lubbock Texas. "The key thing is there's just no business." Weekly US government export data was due Friday, delayed due to the Veteran's Day holiday on Wednesday.
March cotton on ICE Futures US settled down 0.15 cent, or 0.24 percent, at 62.16 cents per lb. It traded within
-
Textile Raw Material Price 2015-11-12
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
42.93
USD/Barrel
-2.9%
2015-11-12
Crude Oil Brent
45.81
USD/Barrel
-3.44%
2015-11-12
PX
795
USD/Ton
-1.49%
2015-11-12
PTA Buy
4650
RMB/Ton
-1.06%
2015-11-12
PTA Sell
585
USD/Ton
0%
2015-11-12
MEG Buy
4660
RMB/Ton
-2.31%
2015-11-12
MEG Sell
608
USD/Ton
-1.14%
2015-11-12
CPL