The latest U.S. Department of Agriculture (USDA) projections for 2014 indicate that the global cotton crop is forecast at 116.4 million bales, about 2 percent below the 2013 estimate of 118.3 million bales. While below a year ago, world ...
Tags: USDA, Global Cotton Crop, Apparel, Accessories
Over the last ten-and-a-half weeks relentless spec and trade selling has pushed the December contract nearly 1700 points lower and it still remains to be seen where this decline ultimately leads to. From a technical perspective we are now ...
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
The monsoon has set in over all the agriculture belts in India and has covered the water scarcity faced by the farmers in very little time. The cotton markets are seeing a clear drop in prices in spite of the very low good quality unsold ...
Tags: Indian Markets, Drop, Textile
As per the July 2014 Cotton USA global economic update, 2014-15 world cotton production is estimated at 116.4 million bales, 500,000 bales higher than estimated in June. 2014-15 world ending stocks are estimated at 105.7 million bales, ...
The NY cotton futures market was down 394 points for the week from Monday's 72.06 open to Friday's settle at 68.12. Without a doubt the USDA WASDE report was bearish and the market took a quick dive once the report was released. They ...
Tags: USDA, The NY Cotton, Textile
NY futures extended their decline this week, with December falling another 351 points to close at 68.55 cents. The market continued its relentless slide, driven by the same dynamics we talked about last week. The market’s weakness ...
Tags: NY Cotton Futures, Decline, Textile
The U.S. cotton crop forecast for 2014 was raised sharply in July to 16.5 million bales and is projected nearly 3.6 million bales above 2013. Along with an increase in planted area reported in the June Acreage report, the cotton crop ...
Tags: Cotton Production, cotton crop
U.S. cotton demand for 2014/15 was revised upward in July to 14.0 million bales, nearly matching the latest 2013/14 estimate of 14.1 million bales. The export forecast was increased to 10.2 million bales as a larger available supply was ...
Tags: Cotton Demand, Cotton
Global 2014/15 cotton mill use is forecast at 112.3 million bales, 2 percent above the previous season. Mill use in China is expected to rebound in 2014/15 to 37.0 million bales—up from an estimated 35.5 million bales this season and ...
Tags: Cotton, World cotton trade
The latest U.S. Department of Agriculture (USDA) projections for 2014/15 indicate that world cotton stocks are expected to rise for the fifth consecutive season. Global ending stocks are now projected at a record 102.7 million bales for ...
Tags: Cotton, Cotton Stocks
Global 2014/15 cotton production is projected to decline 2 percent from a year ago to 115.9 million bales; lower expected crops in several major cotton-producing countries more than offset increases in the United States, Brazil, and Turkey. ...
Tags: Cotton Output, cotton production
U.S. cotton demand for 2014/15 remains projected at 13.4 million bales or 5 percent below the 2013/14 estimate. Exports account for 9.7 million bales while mill use contributes the remaining 3.7 million bales. Despite higher U.S. ...
Tags: Cotton Demand, textile industry
Oops, we did it again. Another solid USDA export report and the market tanked. The beginning of the week the market was on a tear to the upside but the market reaction to this “bullish” report turned the fundamentals on their ...
Tags: Cotton Futures, Cotton Market
The 2014/15 U.S. cotton projections show higher production and ending stocks compared to last month. Projected abandonment in the Southwest has been reduced due to recent favorable rainfall, resulting in a production increase of 500,000 ...