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Cotton prices continued fall for the second consecutive week under the influence of global trend and some domestic factors.
Floor brokers said that revised estimates of higher cotton production by most of the cotton-growing countries heavily weighed against the sentiment. Consequently, prices remained under pressure on Monday and closed with fresh losses.
Sluggish demand for cotton yarn was also keeping spinners away, though ginners were keen to unload their stocks before Eidul Azha to mee
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Textile Raw Material Price 2016-09-06
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.7
USD/Barrel
-3.56%
2016-09-06
Crude Oil Brent
47.04
USD/Barrel
-2.75%
2016-09-06
PX
807
USD/Ton
0%
2016-09-06
PTA Buy
4555
RMB/Ton
-1.19%
2016-09-06
PTA Sell
603
USD/Ton
0.17%
2016-09-06
MEG Buy
5420
RMB/Ton
0.93%
2016-09-06
MEG Sell
653
USD/Ton
1.56%
2016-09-06
CPL Buy
-
Textile Raw Material Price 2016-09-05
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.7
USD/Barrel
-3.56%
2016-09-05
Crude Oil Brent
47.04
USD/Barrel
-2.75%
2016-09-05
PX
807
USD/Ton
0%
2016-09-05
PTA Buy
4555
RMB/Ton
-1.19%
2016-09-05
PTA Sell
603
USD/Ton
0.17%
2016-09-05
MEG Buy
5420
RMB/Ton
0.93%
2016-09-05
MEG Sell
653
USD/Ton
1.56%
2016-09-05
CPL Buy
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Cotton futures fell on Friday, ahead of the US holiday weekend, as damage to crops of the natural fibre from a tropical storm churning through the eastern coast of the United States was lesser than initially anticipated. Cotton futures had surged on Thursday to register their biggest intraday percentage gain in about seven weeks on concerns that Hurricane Hermine could hurt crops, with prices supported by strong weekly export sales data and a weaker dollar.
Hermine, the first hurricane to mak
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Textile Raw Material Price 2016-09-04
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.7
USD/Barrel
-3.56%
2016-09-04
Crude Oil Brent
47.04
USD/Barrel
-2.75%
2016-09-04
PX
807
USD/Ton
0%
2016-09-04
PTA Buy
4555
RMB/Ton
-1.19%
2016-09-04
PTA Sell
603
USD/Ton
0.17%
2016-09-04
MEG Buy
5420
RMB/Ton
0.93%
2016-09-04
MEG Sell
653
USD/Ton
1.56%
2016-09-04
CPL Buy
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Textile Raw Material Price 2016-09-01
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.7
USD/Barrel
-3.56%
2016-09-01
Crude Oil Brent
47.04
USD/Barrel
-2.75%
2016-09-01
PX
807
USD/Ton
0%
2016-09-01
PTA Buy
4555
RMB/Ton
-1.19%
2016-09-01
PTA Sell
603
USD/Ton
0.17%
2016-09-01
MEG Buy
5420
RMB/Ton
0.93%
2016-09-01
MEG Sell
653
USD/Ton
1.56%
2016-09-01
CPL Buy
-
Cotton futures surged on Thursday to register their biggest intraday percentage gain in about seven weeks on concerns that a hurricane in the Gulf of Mexico could hurt crops, with prices supported by strong weekly export sales data and a weaker dollar. Tropical storm Hermine has strengthened into a hurricane as it heads to Florida's northern Gulf Coast. After battering coastal Florida, Hermine is expected to barrel across the northern part of the state into Georgia, then slam southern US coastal
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Textile Raw Material Price 2016-08-31
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.35
USD/Barrel
-1.34%
2016-08-31
Crude Oil Brent
48.37
USD/Barrel
-1.81%
2016-08-31
PX
807
USD/Ton
0.12%
2016-08-31
PTA Buy
4610
RMB/Ton
0%
2016-08-31
PTA Sell
602
USD/Ton
-0.33%
2016-08-31
MEG Buy
5370
RMB/Ton
0.75%
2016-08-31
MEG Sell
643
USD/Ton
0%
2016-08-31
CPL Buy
-
Cotton futures fell for a third straight session on Wednesday to their lowest level since early July on speculator selling towards the end of the month, ahead of weekly export sales data from the United States Department of Agriculture (USDA) on Thursday.
"I would suspect that people are shortening or evening up ahead of some pretty heavy rains across the eastern seaboard of the US" said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis. Thursday's weekly
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Textile Raw Material Price 2016-08-30
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.98
USD/Barrel
-1.39%
2016-08-30
Crude Oil Brent
49.26
USD/Barrel
-1.32%
2016-08-30
PX
806
USD/Ton
0%
2016-08-30
PTA Buy
4610
RMB/Ton
0%
2016-08-30
PTA Sell
604
USD/Ton
0%
2016-08-30
MEG Buy
5330
RMB/Ton
0%
2016-08-30
MEG Sell
643
USD/Ton
-1.68%
2016-08-30
CPL Buy
1155