New York cotton futures moved sideways last week, as December dropped 52 points to close at 63.04 cents/lb, while March gained 17 points to close at 61.88 cents/lb. "The main feature this week was the drop in volatility, as the market is ...
Tags: New York, Cotton Futures, Textile
USDA in its latest report warns that countries with policies that support prices above the world levels may in turn reduce their export competitiveness for both cotton and textiles, especially yarn and fabric. China’s new cotton ...
Tags: cotton import policy
New York futures moved higher this week, with December advancing 209 points to close at 63.94 cents/lb, while March gained 174 points to close at 62.27 cents/lb. “After posting a low of 60.83 cents two weeks ago, nearby supply ...
Tags: Cotton, cash market
Subsidies to the cotton industry have declined in 2013/14 compared to a year earlier, according to a new report released by the International Cotton Advisory Committee (ICAC). The report titled ‘Production and Trade Policies ...
Tags: Cotton Industry, cotton
The Cotton Corporation of India (CCI) should once again be asked to play the price stabilization role, in addition to the support price role, The Cotton Textiles Export Promotion Council of India (Texprocil) has said. Addressing a press ...
Tags: CCI, Price Stabilization Role, Textile
A Pakistan cotton ginners trade body has demanded that cotton farmers be assured a government support price to stop their exploitation by textile mills. At a press conference, office bearers of the Pakistan Cotton Ginners Association ...
Tags: Support Price, Body, Textile
A Pakistan cotton ginners trade body has demanded that cotton farmers be assured a government support price to stop their exploitation by textile mills. At a press conference, office bearers of the Pakistan Cotton Ginners Association ...
Tags: Body, support price, Textile
Cotton Corporation of India (CCI), a Government of India undertaking under the Ministry of Textiles, is planning to set up its first ginning and pressing factory in Adoni, located at the border of Karnataka and Andhra Pradesh, in Kurnool ...
Tags: CCI, First Ginning Factory, Textile
The five units of National Jute Manufacturers Corporation Ltd. (NJMC), namely, Kinnisson, Khardah, National, Union and Alexandra; and the Bird Jute & Exports Ltd. (BJEL) have been declared sick in the state of West Bengal during the last 10 ...
The reversal of Chinese cotton policy and import of cheaper yarn from India led to a slowdown in yarn production in the country, according to a report released by the State Bank of Pakistan (SBP). ‘The State of Pakistan’s ...
Tags: SBP, Apparel, Accessories
US sheet steel deals are getting progressively tougher to find as producers find renewed confidence in their order books and their lead times, market sources said Thursday. One service center buyer said $670/st is the most common ...
Tags: Sheet Steel
Futures prices continued to tumble this week, as negative fundamental and technical factors exerted additional downward pressure on the market. Abundant rainfall in West Texas over the Memorial Day weekend could potentially add 1.5-2.0 ...
Tags: Cotton, Cotton Futures
Despite volatile trading, ICE Cotton futures settled only slightly higher this week at 93.74 c/lbs basis the K4, and not much change is seen in the overall open interest. The week opened down sharply on Monday, followed by a 350 pts gain on ...
Tags: Cotton Futures, Volatile Trading
The Cotton Association of India (CAI) has downwardly revised its earlier cotton production figures and is now expecting a crop of 37.4 million bales of 170 kg each, during the current marketing year, the Hindu Business Line reported quoting ...
Tags: Cotton Output, Textile
Post cotton season 2013-14, cotton prices in India are likely to decrease as demand slumps, says the latest DHL India Trade Outlook. The report says China is likely to discontinue its policy of procuring cotton at a minimum ...
Tags: Cotton Prices, Textile