The volatile movements in New York cotton futures discouraged spinning yarn producers from entering in to long term contracts. “Aside from a few deals in extra-long staple varieties, mills continued to adopt the wait-and-watch ...
Tags: spinning yarn, Cotton Futures, Textile
New York futures advanced this week, with December gaining 146 points to close at 64.50 cents/lb, while March moved up 114 points to close at 63.02 cents/lb. Persistent spec buying lifted the December contract to a high of 66.04 cents ...
Tags: grains markets, New York futures, Textile
While, New York cotton futures for the November trading month tended to be firm, the CIF Bremen Index remained almost unchanged in the current week. According to reports, various reasons were said to contribute to the strong December NY ...
“The CIF Bremen Index mildly followed the marginally downward movements in New York cotton futures in the current week,” a report from the Bremen Cotton Exchange, informs. It adds that mainly technical reasons were likely ...
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
New York cotton futures moved sideways last week, as December dropped 52 points to close at 63.04 cents/lb, while March gained 17 points to close at 61.88 cents/lb. "The main feature this week was the drop in volatility, as the market is ...
Tags: New York, Cotton Futures, Textile
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
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
Following the slightly weakening quotations of the New York cotton futures, the CIF Bremen Index too followed suit, although the corresponding Euro prices remained stable due to a stronger dollar. In the local German market, the number ...
Tags: Cotton, Cotton Futures
After a short rise, the CIF Bremen Cotton Index stayed unchanged over the reported week, quite opposite to the NY cotton futures market. The price movement in NY cotton futures was supported by stable demand for US cotton, covering of ...
Tags: Unchanged, Cotton Index, Textile
Last year at this time, the US cotton trade had sold around 6 million bales from a 12.91 million bales crop. This year, the US is estimated to produce 13 million bales, but till date; just a little over 3 million bales have been sold, ...
Tags: US Cotton Trade, Bales, Textile
New York cotton futures traded sideways this week, as December moved up 65 points to close at 64.67 cents. Since trading at a low of 62.02 cents on August 1, trading has turned a lot more two-sided, as new trade buying has emerged and ...
Bremen cotton quotes remained on a relatively stable level, without any identifiable direction awaiting the next USDA-crop-estimates. The current USDA-report did not show any important changes outside the U.S. According to the report, ...
Bremen cotton quotes remained on a relatively stable level, without any identifiable direction awaiting the next USDA-crop-estimates. The current USDA-report did not show any important changes outside the U.S. According to the report, ...
Tags: Bremen, Cotton, Apparel, Accessories
Just when it looked like the market was finally getting ready for a bounce after trading sideways for the last eight sessions, a new wave of selling forced values another 200 points lower today. We still feel that trade’s lack of ...