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December Lost 131 Points to Close at 63.19 Cents/Lb Pulls Down NY Cotton Futures This Week

Nov 17, 2014

December lost 131 points to close at 63.19 cents/lb, while March dropped 74 points to close at 62.28 cents/lb, which pulled down New York cotton futures this week. “It was another uneventful week in the cotton market, as values ...

Tags: cotton futures, Textile

CCI Should Once Again Be Asked to Play The Price Stabilization Role

Sep 17, 2014

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

India's Cotton Yarns Exports Show Robust Growth Generally Witnessed Every April

May 21, 2014

A study conducted by The Cotton Textiles Export Promotion Council, (Texprocil) has revealed that India's cotton yarns exports are meeting their targets barring the seasonal fluctuations generally witnessed every April and inspite of high ...

Tags: Cotton Yarn, Cotton Yarn Exports

ICE Cotton Gained 4 Cents for The Week on The Back of Spec Buyingand Rising Open Interest

Jan 20, 2014

ICE Cotton gained over 4 cents for the week on the back of spec buying, improved technicals and rising open interest, and the continued rawdown of US cotton stocks through strong export sales (223k overall). Although domestic basis levels ...

Tags: Cotton Trends, Textile

It Traded to a High of 85.24 Cents on Wednesday When The Market Reopened

Feb 25, 2013

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

Market Sales Could Not Disguise The Demand From One or Two Buyers for The Right Units

Dec 7, 2012

A quieter overall week in terms of market sales could not disguise the demand from one or two buyers for the right units. For tankers gas free for man entry in particular and larger bulkers there were buyers at the right prices but those ...

Tags: gas free, Indian prices, Ship Breaking Industry