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Cotton futures surged over 3 percent on Tuesday, buoyed by technical buying as the market broke through the 70-cent level for the first time in over a month amid concerns that rain may delay crop harvest in top producer China. "Cotton has had a hard time breaking through 70 cents per pound level but once it did, I think it attracted new buying," said Jordan Lea, chairman and co-owner of Eastern Trading in Greenville, South Carolina.
Talks of a delay in crop harvest in China and the completion
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Textile Raw Material Price 2016-09-20
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
43.3
USD/Barrel
0.63%
2016-09-20
Crude Oil Brent
45.95
USD/Barrel
0.39%
2016-09-20
PX
793
USD/Ton
0.63%
2016-09-20
PTA Buy
4600
RMB/Ton
0.55%
2016-09-20
PTA Sell
608
USD/Ton
0.5%
2016-09-20
MEG Buy
5250
RMB/Ton
0.19%
2016-09-20
MEG Sell
628
USD/Ton
0%
2016-09-20
CPL Buy
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Cotton futures rose nearly two percent on Monday, marking their biggest one-day percentage gain in two weeks, as concerns that rain may hurt the new crop prompted buying in India and China. Prices for pipeline stocks in India and China have risen due to rain, which has delayed the arrival of new crops, said Peter Egli, director of risk management at British merchant Plexus Cotton.
"People get nervous and pay up for nearby supplies." The December cotton contract on ICE Futures US settled up 1.
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Textile Raw Material Price 2016-09-18
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
43.03
USD/Barrel
-7.04%
2016-09-18
Crude Oil Brent
788
USD/Barrel
0%
2016-09-18
PX
45.77
USD/Ton
-5.28%
2016-09-18
PTA Buy
4575
RMB/Ton
0%
2016-09-18
PTA Sell
605
USD/Ton
0%
2016-09-18
MEG Buy
5240
RMB/Ton
-0.76%
2016-09-18
MEG Sell
628
USD/Ton
0%
2016-09-18
CPL Buy
1135
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Cotton futures fell on Friday, registering their biggest weekly decline in four weeks, as fears of crop damage due to storms that lashed portions of top producers the United States and China faded amid a stronger dollar. Typhoon Meranti had largely dissipated by Friday afternoon, a day after making landfall near the Chinese port city of Xiamen, in Fujian province, while tropical storm Julia was now offshore the southeast coast of the United States after dumping rains along the Florida and Georgi
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Textile Raw Material Price 2016-09-18
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.29
USD/Barrel
0%
2016-09-18
Crude Oil Brent
788
USD/Barrel
-2.6%
2016-09-18
PX
48.32
USD/Ton
0%
2016-09-18
PTA Buy
4575
RMB/Ton
-0.44%
2016-09-18
PTA Sell
605
USD/Ton
-0.49%
2016-09-18
MEG Buy
5280
RMB/Ton
0%
2016-09-18
MEG Sell
628
USD/Ton
-0.63%
2016-09-18
CPL Buy
1
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Cotton futures fell on Friday, registering their biggest weekly decline in four weeks, as fears of crop damage due to storms that lashed portions of top producers the United States and China faded amid a stronger dollar. Typhoon Meranti had largely dissipated by Friday afternoon, a day after making landfall near the Chinese port city of Xiamen, in Fujian province, while tropical storm Julia was now offshore the southeast coast of the United States after dumping rains along the Florida and Georgi
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Textile Raw Material Price 2016-09-13
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.29
USD/Barrel
0%
2016-09-13
Crude Oil Brent
48.32
USD/Barrel
0%
2016-09-13
PX
809
USD/Ton
0%
2016-09-13
PTA Buy
4595
RMB/Ton
0%
2016-09-13
PTA Sell
608
USD/Ton
0%
2016-09-13
MEG Buy
5280
RMB/Ton
0%
2016-09-13
MEG Sell
632
USD/Ton
0%
2016-09-13
CPL Buy
11400
RMB/Ton
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Textile Raw Material Price 2016-09-11
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.7
USD/Barrel
-3.56%
2016-09-11
Crude Oil Brent
47.04
USD/Barrel
-2.75%
2016-09-11
PX
807
USD/Ton
0%
2016-09-11
PTA Buy
4555
RMB/Ton
-1.19%
2016-09-11
PTA Sell
603
USD/Ton
0.17%
2016-09-11
MEG Buy
5420
RMB/Ton
0.93%
2016-09-11
MEG Sell
653
USD/Ton
1.56%
2016-09-11
CPL Buy
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Cotton futures fell on Friday as a stronger dollar offset positive exports sales data and traders looked ahead to the release of a US government world agriculture supply and demand (WASDE) report on Monday. Weekly export sales data from the US Department of Agriculture (USDA) showed net upland sales totalled 344,500 running bales of cotton for the week ended September 1, compared with 309,200 running bales in the prior week.
"We had excellent exports, but we are ignoring those because we're w