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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
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Textile Raw Material Price 2016-08-29
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
47.64
USD/Barrel
0.65%
2016-08-29
Crude Oil Brent
806
USD/Barrel
-0.49%
2016-08-29
PX
49.92
USD/Ton
0.5%
2016-08-29
PTA Buy
4610
RMB/Ton
0.33%
2016-08-29
PTA Sell
604
USD/Ton
0%
2016-08-29
MEG Buy
5330
RMB/Ton
1.52%
2016-08-29
MEG Sell
654
USD/Ton
2.51%
2016-08-29
CPL Buy
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Textile Raw Material Price 2016-08-28
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
47.33
USD/Barrel
-1.6%
2016-08-28
Crude Oil Brent
810
USD/Barrel
0.12%
2016-08-28
PX
49.67
USD/Ton
-0.58%
2016-08-28
PTA Buy
4595
RMB/Ton
0.33%
2016-08-28
PTA Sell
604
USD/Ton
-0.17%
2016-08-28
MEG Buy
5250
RMB/Ton
1.35%
2016-08-28
MEG Sell
638
USD/Ton
0.79%
2016-08-28
CPL
-
Textile Raw Material Price 2016-08-25
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
48.1
USD/Barrel
1.46%
2016-08-25
Crude Oil Brent
809
USD/Barrel
-0.37%
2016-08-25
PX
49.96
USD/Ton
1.63%
2016-08-25
PTA Buy
4580
RMB/Ton
-0.11%
2016-08-25
PTA Sell
605
USD/Ton
-0.17%
2016-08-25
MEG Buy
5180
RMB/Ton
0.97%
2016-08-25
MEG Sell
633
USD/Ton
1.44%
2016-08-25
CPL
-
Cotton futures prices fell to the lowest in over a week on Wednesday, weighed down by rains in key producing areas in the United States and a stronger US dollar. "Showers and rain across West Texas (Tuesday) evening and higher US currency value are likely tempering buying interest," said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis.
Rain in August, albeit late, is beneficial to the crop, according to Jordan Lea, chairman and co-owner of Eastern Tradin
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Textile Raw Material Price 2016-08-24
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
48.1
USD/Barrel
1.46%
2016-08-24
Crude Oil Brent
809
USD/Barrel
-0.37%
2016-08-24
PX
49.96
USD/Ton
1.63%
2016-08-24
PTA Buy
4580
RMB/Ton
-0.11%
2016-08-24
PTA Sell
605
USD/Ton
-0.17%
2016-08-24
MEG Buy
5180
RMB/Ton
0.97%
2016-08-24
MEG Sell
633
USD/Ton
1.44%
2016-08-24
CPL
-
Cotton futures rose marginally on Tuesday to trade in a tight range, even as weekly crop progress data from the US government offered limited support to prices. "The markets are trying to hang on to this uptrend line going back to February and it's anybody's guess whether it'll be successful or not," said Peter Egli, director of risk management at British merchant Plexus Cotton.
"I don't think the fundamentals are moving the market right now, I think it's more money flow." The US Department o