ICE cotton prices dipped earlier this week on heavy rain received in Texas, the top cotton growing region of the country. Prices then rose in thin trade at the end of the week and settled the week in a positive note as the dry condition ...
Tags: cotton prices, Textile
NY futures jumped this week, as July rallied 474 points to close at 84.87 cents, while December gained 256 points to close at 85.39 cents. After nine consecutive losing sessions at the end of May, during which the spot month lost more ...
A slew of bearish technical and fundamental factors put the market under pressure this week. First we had the breach of a 6-1/2-month uptrend line, which put the spec longs on the defensive, although we have yet to see any widespread spec ...
Ongoing planting delays continued to keep potential sellers at bay this week, which allowed the market to trend higher. West Texas is still too dry, while parts of the Mid-South and Southeast have experienced wet and unseasonably cool ...
Tags: Cotton Futures, Textile
The AWEX Regional Indicators finished 1.9% lower, on average, at sales in Sydney, Melbourne and Fremantle last week when the US exchange rate fell by 0.5%. The wool market displayed more of the volatility seen since the resumption of ...
Tags: Aussie Wool, Textile
NY futures gave up additional ground this week, as July fell 225 points to close at 83.23 cents, while December dropped 180 points to close at 83.28 cents. Spec liquidation and a lack of trade buying continued to depress values this week, ...
NY futures continued to slip this week, as July gave up 126 points to close at 85.48 cents, while December dropped 58 points to close at 85.08 cents. The futures market remained under pressure as hedge funds continued to exit commodity ...
The Chinese textile industry is facing several pressures and it needs to crack these pressures through various efforts, Sun Huaibin, director of the China Textile Economy Research Centre, has said. Speaking at the 2013 China Cotton ...
Tags: Textile Industry, Textile
The AWEX Regional Indicators finished 5.6% lower, on average, at sales in Sydney, Melbourne and Fremantle last week. The US exchange rate rose by 0.5%.It was a disappointing opening sale after the Easter break. Demand from all parts of ...
Tags: Aussie Wool, Wool Prices
The AWEX Regional Indicators finished 2.0% lower, on average, at sales in Sydney, Melbourne and Fremantle last week. The US exchange rate rose by 0.9% to break above the 104¢ for the first time since mid-January. This was the last ...
Tags: Textile
NCDEX, the leading agricultural commodity exchange in the country launches its cotton futures contract with effect from April 1, 2013. It has incorporated few key modifications into the contract specifications of its earlier contract, so as ...
The New York cotton futures experienced a slightly stronger downward trend than the Cot look A or Bremen CIF Index during the reported week reflecting the firm market prices for available cotton as already described in the previous week. ...
Tags: cotton futures, cotton, Bremen CIF Index
When the market reopened after the long Presidents Day weekend, it looked like May was ready to break out of its flagging pattern when it traded to a high of 85.24 cents on Wednesday. However, there was still enough opposition by the trade ...
Tags: cotton, NY cotton, cotton market
Indian raw cotton prices, particularly the Shankar-6 variety has crossed Rs 36,000 per bale (1 bale = 355 kg) for the first time in the last five months. Shankar-6 cotton price trends have been oscillating in a fixed price band of ...
The AWEX Regional Indicators finished 0.5% lower, on average, at sales in Sydney, Melbourne, and Fremantle this week when the US exchange rate rose by 0.3%. It was a mixed sale this week with a good start on Tuesday, an easing on ...
Tags: Aussie Wool, Prices, US exchange rate