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
With India’s cotton output forecast at 6.3 million tons and China’s at 6.4 million tons, India stands a chance to grab the honour of being named top cotton producer in the world in 2014/15 season. In season 2014/15, China and ...
Tags: Cotton Output, Textile
The Turkish Steel Exporters' Association chairman Namk Ekinci has said that the US antidumping and countervailing duty decision on Turkish OCTG imports is without basis. The US International Trade Commission (ITC) decision confirmed the ...
Tags: Turkish Producers, OCTG Imports, Metallurgy
Spot export offers for Chinese magnesium ingot on a FOB basis tracked steady domestic prices, while the overseas physical buying interest has remained lacking, industry sources said Thursday. Most spot offers on a FOB basis were heard ...
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis slipped for a second consecutive week, dampened by persistently weak physical buying interest during the current summer lull, market ...
Tags: Metal, Copper, Metallurgy
After speculators had sold nearly 8 million bales net since early May, they finally seemed to move to the sidelines, allowing the market to recover some of its losses this week. The latest CFTC report as of July 29 showed speculators ...
Tags: Speculators, Decline, Textile
China's coal production and sales were lower in June, compared with year-ago levels and the previous month, data released Wednesday by the China National Coal Association showed, as sluggish demand and falling prices weighed on miners. ...
Bearish factors weighing on the Chinese market were offsetting any positive sentiment on Indian demand for Indonesian thermal coal, sources said Thursday. A Singapore-based source for a major producer said he did not share in the bullish ...
Tags: Chinese market, thermal coal
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
Sentiment in India following the general elections appears bullish, boding well for the Indonesian thermal coal market, but there is no near-term catalyst being seen to drive Chinese demand up, sources said Friday. "It would still require ...
Tags: Thermal Coal, Mineral
Spot Asian coking coal prices moved sideways Monday as ominous signals from the Chinese steel industry, nagging concerns about lower costs and abundant supplies hurt trading sentiment. Lower domestic prices continued to be used as a key ...
Tags: coking coal, domestic prices
Strong domestic mill pricing appears to be filtering, slowly but surely, through the supply chain, market sources said Tuesday. Service centers have no choice but to increase their pricing for end-users, though realized prices are still ...
Tags: Steel Sheet, Downstream Markets
All India cotton arrivals have dropped to approximately 85,000 bales per day. The total cotton pressed for the fortnight ending 30th April is approximately 3 crore 35 lakh bales as per trade sources. The unsold cotton stock with ginners and ...
Tags: Cotton, cotton crop
China's Lihuayi Weiyuan Chemical has increased its ex-works phenol offer by Yuan 100/mt ($16.24/mt), or 1%, to Yuan 10,400/mt on Monday, a company source said. The offer is equivalent to $1,335.31/mt on an import parity basis. The ...
A leading Brazilian ethanol trader is forecasting an 8% rise in the average domestic price of the biofuel during the 2014-15 marketing year (April-March) as burgeoning domestic consumption is likely to more than offset tumbling export ...
Tags: Ethanol Prices, biofuel