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Around 12 percent drop in rains and acreage that hit soon to be harvested crop have led to concerns over cotton supplies, making the fibre as much as 20 per cent costlier than at this time last year.
Raw cotton prices were in the range of Rs 5,400 per 100 kg, even as fresh crop has started arriving in the wholesale markets of Punjab and Haryana. Because of the firm prices, people are buying only as per their requirement, traders, ginner and millers said.
The prices are higher than antici
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Textile Raw Material Price 2016-10-08
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
49.81
USD/Barrel
4.14%
2016-10-08
Crude Oil Brent
792
USD/Barrel
0%
2016-10-08
PX
51.93
USD/Ton
5.46%
2016-10-08
PTA Buy
4540
RMB/Ton
-1.09%
2016-10-08
PTA Sell
602
USD/Ton
-0.17%
2016-10-08
MEG Buy
5160
RMB/Ton
0.1%
2016-10-08
MEG Sell
627
USD/Ton
0.32%
2016-10-08
CPL Buy
-
ICE Cotton fell for a third straight session on Friday as waning fears of crop damage due to Hurricane Matthew pressured speculators to continue selling their positions. "We see Hurricane Matthew as an important factor in the drop today," said Gabriel Crivorot, an analyst at Societe Generale in New York.
Matthew, which was located about 60 miles (95 kilometers) south-east of Jacksonville Beach in Florida, is expected to remain a hurricane until it begins to move away from the US East Coast on
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Textile Raw Material Price 2016-09-29
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
47.05
USD/Barrel
5.33%
2016-09-29
Crude Oil Brent
48.69
USD/Barrel
5.92%
2016-09-29
PX
787
USD/Ton
-0.38%
2016-09-29
PTA Buy
4545
RMB/Ton
-0.66%
2016-09-29
PTA Sell
603
USD/Ton
0%
2016-09-29
MEG Buy
5090
RMB/Ton
-0.29%
2016-09-29
MEG Sell
616
USD/Ton
0%
2016-09-29
CPL Buy
-
Textile Raw Material Price 2016-09-28
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.67
USD/Barrel
0.43%
2016-09-28
Crude Oil Brent
45.97
USD/Barrel
0.17%
2016-09-28
PX
790
USD/Ton
-0.5%
2016-09-28
PTA Buy
4575
RMB/Ton
-0.11%
2016-09-28
PTA Sell
603
USD/Ton
-0.33%
2016-09-28
MEG Buy
5105
RMB/Ton
-2.39%
2016-09-28
MEG Sell
616
USD/Ton
0.16%
2016-09-28
CPL
-
Textile Raw Material Price 2016-09-27
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.48
USD/Barrel
-3.97%
2016-09-27
Crude Oil Brent
45.89
USD/Barrel
-3.69%
2016-09-27
PX
794
USD/Ton
-0.25%
2016-09-27
PTA Buy
4580
RMB/Ton
-0.76%
2016-09-27
PTA Sell
605
USD/Ton
0%
2016-09-27
MEG Buy
5230
RMB/Ton
0%
2016-09-27
MEG Sell
615
USD/Ton
-2.07%
2016-09-27
CPL Buy
-
Textile Raw Material Price 2016-09-26
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.48
USD/Barrel
-3.97%
2016-09-26
Crude Oil Brent
45.89
USD/Barrel
-3.69%
2016-09-26
PX
794
USD/Ton
-0.25%
2016-09-26
PTA Buy
4580
RMB/Ton
-0.76%
2016-09-26
PTA Sell
605
USD/Ton
0%
2016-09-26
MEG Buy
5230
RMB/Ton
0%
2016-09-26
MEG Sell
615
USD/Ton
-2.07%
2016-09-26
CPL Buy
-
Textile Raw Material Price 2016-09-25
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.32
USD/Barrel
2.16%
2016-09-25
Crude Oil Brent
47.65
USD/Barrel
1.75%
2016-09-25
PX
796
USD/Ton
0.25%
2016-09-25
PTA Buy
4615
RMB/Ton
0.65%
2016-09-25
PTA Sell
605
USD/Ton
0%
2016-09-25
MEG Buy
5230
RMB/Ton
-0.76%
2016-09-25
MEG Sell
628
USD/Ton
-0.32%
2016-09-25
CPL Buy
-
Cotton futures edged higher on Thursday to a six-week high, supported by a weaker dollar and strong exports sales data, but gains were capped as traders cashed in on this week's rally. The second month December contract on ICE Futures was on track for the highest weekly percentage gain in more than two months, up about 6.5 percent so far this week.
On Tuesday, the contract broke above 70 cents for the first time in more than a month. "This was the fourth straight session of higher prices, so
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Textile Raw Material Price 2016-09-21
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
43.44
USD/Barrel
0.32%
2016-09-21
Crude Oil Brent
788
USD/Barrel
-0.63%
2016-09-21
PX
45.88
USD/Ton
-0.15%
2016-09-21
PTA Buy
4600
RMB/Ton
0%
2016-09-21
PTA Sell
608
USD/Ton
0%
2016-09-21
MEG Buy
5270
RMB/Ton
0.38%
2016-09-21
MEG Sell
630
USD/Ton
0.32%
2016-09-21
CPL Buy