The CIF Bremen as well as the Cotlook A index decreased further little by little during the reported week. It has been assumed that the even more considerable weakness of the New York futures was provoked by adjustments of fund positions. ...
Tags: Cotton, New York futures
ICE Cotton futures continued its slide this week and traded below the 9 day moving average for the entire week. The spot N4 dropped a total of 323 points over the course of the week to close at 89.82, lowest settlement since beginning of ...
The CIF Bremen index remained stable recording only slight fluctuations since the last report. Thus, it reflected the firm quotations for promptly available shipments. The negotiations on prices between trade and industry often did not ...
Tags: CIF Bremen Cotton, Cotton Index
A restrained demand was registered during the past week since several spinning industries maintained their wait-and-see attitude due to the continuously volatile market. Some contracts were closed, however, especially for near dates, ...
Tags: Cotton, Restrained Demand
The Government of Peru has made it clear that it is not in favour of giving subsidies for cotton farming, and instead it is willing to promote growing of other crops to remain competitive in the market. The Government cannot persist ...
Tags: Peruvian Govt, Cotton Farming, Subsidies
News on higher than expected support for farmers in Xinjiang, sales from the Chinese National Reserve at attractive prices, slightly decreasing US-exports as well as considerably lower prices for the competing fibre polyester have ...
Tags: CIF Bremen, textile industry
NY cotton futures fell four straight sessions before pulling back up Friday, ending the week lower by dropping 134 points in the spot May contract month. Monday’s weaker session set the tone for this week’s trading as USDA ...
Tags: NY cotton, Cotton Futures
Although this week’s trading action may have felt like a victory for the bears, the chart reveals that the market has actually moved sideways in the last 15 sessions, with May closing in a tight range between 91 and 94 cents since ...
Tags: Cotton Futures, Mixed Trends, balance sheet
Keeping in mind the firm prices in New York, the demand for Upland cotton was quite restricted so that hardly any contracts could be closed. The interest was rather focused on long and extra-long staple cotton. Some inquiries ...
Technical reasons and rising interest to invest in cotton seemed to cause the movements on the futures market. The quotations on the European market were also influenced by better than expected shipping data from the world’s ...
NY futures resumed their uptrend this week, as May rallied 380 points to close at 91.61 cents, while December gained 171 points to close at 79.55 cents. After meandering sideways for the past six weeks, unable to generate much ...
Tags: Cotton Futures, Cotton market, Textile
From a technical point of view the market did resolve the flag formation that we had mentioned last week and broke out to the upside, which propelled March to a six-month high, while May traded at its best level since April 2012. On ...
Tags: Upward Trend, Cotton Futures
Since the reported week recorded only small price fluctuations, the quotations could be called close-to-unchanged firm as before. Following the company holidays of the week before last and the fair “Heimtextil” during last ...
Tags: close-to-unchanged firm, Heimtextil, cotton, fluctuation
Ever since reclaiming the 82 cents level about a month ago, the market has gone nowhere, closing the last 20 sessions in a very tight range of just 242 points, between 82.24 and 84.66 cents. The changes in the CFTC spec/hedge report tell ...
Tags: Cotton Futures, Textile
Wheat:Net sales of 656,100 MT for delivery during the 2013/2014 marketing year were up 76 percent from the previous week and 47 percent from the prior 4-week average.Increases reported for Japan(129,400 MT),Nigeria(110,000 ...