Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
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 ...
New York cotton futures dropped precipitously this week, as December lost 346 points to close at 59.73 cents/lb, while March fell 353 points to close at 58.75 cents/lb. “The narrow five-week sideways trend ended abruptly on Monday ...
Tags: cotton futures, market report, Textile
“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
The CIF Bremen Cotton Index remained overall firm and business stayed stable in the current week. “Cotton contracts were mainly focused on long and extra-long staple range and prompt delivery up to the end of the current ...
Tags: CIF Bremen Cotton Index, Cotton contracts, Agriculture
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
Clarity on available cotton stocks is not anticipated until December and concerns remained regarding the volumes of high-grade cotton that will be produced. "The CIF Bremen index remained relatively stable during last week and inquiries ...
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
At the beginning of the reported week, the turnover in the German cotton market, developed as brisk as it had been the week before. Contracts were primarily closed for standard origins as well as for European varieties whose availability, ...
Tags: Cotton Market, staple 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
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
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