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ICE cotton futures were little changed on Thursday with the market moving deeper into a normal carry structure as the harvest progressed and traders awaited fundamental news from the US government's supply and demand report expected next week. The December contract's discount to the March contract widened to as much as 0.20 cent, its largest since June 18, as the prospect of cotton from the current harvest coming onto the market has reduced nearby supply concerns.
"You're pushing out demand
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Textile Raw Material Price 2015-11-05
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.32
USD/Barrel
-3.3%
2015-11-05
Crude Oil Brent
48.58
USD/Barrel
-3.88%
2015-11-05
PX
819
USD/Ton
1.61%
2015-11-05
PTA Buy
4700
RMB/Ton
0%
2015-11-05
PTA Sell
585
USD/Ton
0%
2015-11-05
MEG Buy
4870
RMB/Ton
-0.2%
2015-11-05
MEG Sell
622
USD/Ton
0%
2015-11-05
CPL Buy
105
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ICE cotton futures fell for the third straight session on Wednesday, hitting their lowest levels in more than three weeks, as harvest activities progressed in US growing regions and index funds shifted long positions forward from the front month.
"We've got a lot of cotton starting to come into the pipeline, and there's going to be more on the way," said Jobe Moss, a broker with MCM Inc in Lubbock, Texas. The December contract shifted to its first discount to the March contract since mid-Aug
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Textile Raw Material Price 2015-11-04
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
47.9
USD/Barrel
2.81%
2015-11-04
Crude Oil Brent
50.54
USD/Barrel
1.98%
2015-11-04
PX
806
USD/Ton
4.54%
2015-11-04
PTA Buy
4700
RMB/Ton
-0.84%
2015-11-04
PTA Sell
585
USD/Ton
0%
2015-11-04
MEG Buy
4880
RMB/Ton
-0.1%
2015-11-04
MEG Sell
622
USD/Ton
0%
2015-11-04
CPL Buy
1
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Top 10 Rising Categories
Top 10 Falling Categories
1.Fashion Fabric
2.17%
1.Viscose Fabric
-3.77%
2.Lace
2.17%
2.Apparel Lining
-2.82%
3.Natural Fiber Grey Cloth
1.10%
3.Belt
-1.43%
4.Chemical Fiber Grey Cloth
1.04%
4.Household Textiles
-0.70%
5.Thread & Rope
0.87%
5.Bedding
-0.46%
6.TR Fabric
0.69%
6.Polyester Fabric
-0.38%
7.Blended
0.66%
7.Lining
-0.32%
8.TS Fabric
0.48%
8.Cotto
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ICE cotton futures fell for the second straight session on Tuesday, as forecasts for dry weather in leading US growing regions allowed for harvesting to continue after recent rains, and bearish demand sentiment weighed on prices. "Texas is back in the fields, Georgia's back in the fields," said Jim Lambert, director of sales at FCStone Merchant Services in Nashville, Tennessee, noting that one of the major takeaways of a large industry conference last week was weak demand from overseas buyers an
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Textile Raw Material Price 2015-11-03
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.59
USD/Barrel
1.15%
2015-11-03
Crude Oil Brent
49.56
USD/Barrel
1.56%
2015-11-03
PX
771
USD/Ton
-4.1%
2015-11-03
PTA Buy
4740
RMB/Ton
1.94%
2015-11-03
PTA Sell
585
USD/Ton
0%
2015-11-03
MEG Buy
4885
RMB/Ton
0%
2015-11-03
MEG Sell
622
USD/Ton
0%
2015-11-03
CPL Buy
1075
-
No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Lustrous Jacquard Printed Curtain Fabric
280
580g/m
14.80yuan/m
②
TW Slub Woolen Velvet
150
550g/m
28.00yuan/m
③
TN Corduroy
150
520g/m
18.00yuan/m
④
T/R Serge
150
480g/m
17.50yuan/m
⑤
NC Elastic
150
Nylon 75D×50D/Cotton 32S+70D Spandex
15.60yuan/m
⑥
Polyester Knitted Rotary Screen Printing Doubl
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ICE cotton futures rose the most in 2-1/2 weeks on Friday as rains in West Texas, the top US producing region, were seen leaving the crop susceptible to quality damage and prompting concerns about yield loss with more rain forecast for next week.
"They're barely dried out from last week," said Peter Egli, director of risk management at British merchant Plexus Cotton. "There's still a high percentage (of cotton) in the field."
On Monday, trading will begin on ICE's new world cotton contra
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Textile Raw Material Price 2015-11-02
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.59
USD/Barrel
1.15%
2015-11-02
Crude Oil Brent
49.56
USD/Barrel
1.56%
2015-11-02
PX
771
USD/Ton
-4.1%
2015-11-02
PTA Buy
4740
RMB/Ton
1.94%
2015-11-02
PTA Sell
585
USD/Ton
0%
2015-11-02
MEG Buy
4885
RMB/Ton
0%
2015-11-02
MEG Sell
622
USD/Ton
0%
2015-11-02
CPL Buy
1075