“Global cotton output in 2014/15 is estimated at 119.4 million bales, which is similar from the previous season, as higher area is offset by a lower global yield,” the USDA informs in its latest October report. The agency ...
Tags: Cotton Output, cotton mill
The latest USDA October report forecasts the US cotton crop for 2014 at nearly 16.3 million bales, down slightly from its last month’s forecast, but is 3.3 million bales or 26 percent above the 2013 production. According to the ...
Tags: cotton, cotton demand
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
As December declined 38 points to close at 63.56 cents/lb, while March shed 56 points to close at 61.71 cents/lb, New York cotton futures moved slightly lower this week. Another round of severe weather in the Delta and Southeast ...
Tags: Cotton Futures, cash cotton
The China spot price of 553-grade 98.5% silicon metal was assessed slightly higher this week at $2,130-2,170/mt FOB China, compared with $2,120-2,170/mt FOB a week ago, as Chinese sellers -- despite slow demand -- kept export offers high in ...
Tags: silicon metal, Silicon
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
China's crude oil imports in September rose 7.4% year on year to 27.58 million mt or an average 6.74 million b/d, the second highest on record, preliminary data released Monday by the General Administration of Customs showed. Crude ...
Tags: Crude Oil, Oil Products
Platts’ analysis shows apparent oil demand in August was 41.19 million metric tons (mt), or an average 9.74 million barrels per day (b/d) — an increase of 3.7% year over year. This growth came despite a slew of bearish economic ...
Tags: Oil Demand
The spot alumina price in China's Henan was rangebound Wednesday at Yuan 2,860/mt ($465/mt) for 70:30 cash and credit payment terms, unchanged from September 30, as the market returned from an extended break from October 1-7 to celebrate ...
Tags: Spot alumina, Mineral
Following the first Pepro (Equalization Premium Paid to the Producer and/or Cooperative) auction which took place on September 25, stakeholders in the Brazilian cotton market are acting carefully in signing new trades. Brazilian cotton ...
Tags: Brazilian Cotton, Cautious, Textile
The rains have been abundant in most of the cotton growing areas. However, in certain parts of Rajasthan and Haryana, there may have been some damages to the cotton crop, informs the latest fortnightly report from the Indian Cotton ...
Tags: Cotton, rains, Cotton prices
Given the predicted 1.8 million tons of surplus cotton production and changes in China’s cotton policy, prices are unlikely to rise to the levels seen in the last two seasons, says a report of the International Cotton Advisory ...
Nickel prices on the London Metal Exchange are likely to trade within a range of $17,000-23,000/mt in 2015, Alto Capital research analyst Carey Smith said Friday. "Prices will average around the $20,000/mt level due mainly to the ...
Tags: Nickel prices, Mineral
The CIF Bremen Index dropped considerably this week, influenced by movements of New York Cotton Futures. The latest Bremen Cotton Exchange report says basically good production conditions prevail in major cotton planting areas. In ...
Tags: CIF Bremen Index, Drop, Textile
China’s cotton stocks-to-use ratio surged to a record level of 180 percent in 2013-14, due to the Government’s price support and import policies, according to the Foreign Agricultural Service (FAS) of the United States ...