-
Cotton futures rose to the highest in two weeks on Monday, supported by strong demand as concerns over dry weather in Texas persisted amid expectations of deteriorating conditions for the natural fibre crop in a US government report. "Weather is the main driver of December prices, but strong demand is also helping," said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee.
Traders awaited crop progress data due after market close on Monday.
Con
-
Textile Raw Material Price 2016-08-02
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
41.38
USD/Barrel
-1.29%
2016-08-02
Crude Oil Brent
42.46
USD/Barrel
-2.32%
2016-08-02
PX
791
USD/Ton
-2.22%
2016-08-02
PTA Buy
4520
RMB/Ton
-0.88%
2016-08-02
PTA Sell
602
USD/Ton
-1.63%
2016-08-02
MEG Buy
5090
RMB/Ton
0%
2016-08-02
MEG Sell
615
USD/Ton
0%
2016-08-02
CPL Buy
-
ICE cotton futures jumped more than 1 percent on Friday on dry weather concerns in West Texas, the top US producing region, and as the US dollar tumbled on disappointing economic data. "West Texas, which is the largest concentrated area has become very hot and dry over the last month and they need some relief very quickly," said Louis Rose, an independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee.
"There is a surprisingly strong Chinese market, which keeps selling
-
Textile Raw Material Price 2016-07-31
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
41.92
USD/Barrel
-2.33%
2016-07-31
Crude Oil Brent
43.47
USD/Barrel
-3.12%
2016-07-31
PX
809
USD/Ton
-0.86%
2016-07-31
PTA Buy
4560
RMB/Ton
0%
2016-07-31
PTA Sell
612
USD/Ton
0%
2016-07-31
MEG Buy
5090
RMB/Ton
0%
2016-07-31
MEG Sell
615
USD/Ton
0%
2016-07-31
CPL Buy
1100
-
Textile Raw Material Price 2016-07-28
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
41.92
USD/Barrel
-2.33%
2016-07-28
Crude Oil Brent
43.47
USD/Barrel
-3.12%
2016-07-28
PX
809
USD/Ton
-0.86%
2016-07-28
PTA Buy
4560
RMB/Ton
0%
2016-07-28
PTA Sell
612
USD/Ton
0%
2016-07-28
MEG Buy
5090
RMB/Ton
0%
2016-07-28
MEG Sell
615
USD/Ton
0%
2016-07-28
CPL Buy
1100
-
Textile Raw Material Price 2016-07-27
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
42.92
USD/Barrel
-0.49%
2016-07-27
Crude Oil Brent
44.87
USD/Barrel
0.34%
2016-07-27
PX
816
USD/Ton
0%
2016-07-27
PTA Buy
4560
RMB/Ton
-1.72%
2016-07-27
PTA Sell
612
USD/Ton
0%
2016-07-27
MEG Buy
5090
RMB/Ton
0%
2016-07-27
MEG Sell
615
USD/Ton
0.33%
2016-07-27
CPL Buy
10
-
Textile Raw Material Price 2016-07-26
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
43.13
USD/Barrel
-2.4%
2016-07-26
Crude Oil Brent
44.72
USD/Barrel
-2.12%
2016-07-26
PX
816
USD/Ton
-0.24%
2016-07-26
PTA Buy
4640
RMB/Ton
0.43%
2016-07-26
PTA Sell
612
USD/Ton
-0.49%
2016-07-26
MEG Buy
5090
RMB/Ton
0.2%
2016-07-26
MEG Sell
613
USD/Ton
-0.65%
2016-07-26
CPL
-
Textile Raw Material Price 2016-07-25
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.19
USD/Barrel
-1.25%
2016-07-25
Crude Oil Brent
818
USD/Barrel
-0.73%
2016-07-25
PX
45.69
USD/Ton
-1.1%
2016-07-25
PTA Buy
4620
RMB/Ton
0.11%
2016-07-25
PTA Sell
615
USD/Ton
0%
2016-07-25
MEG Buy
5080
RMB/Ton
0.2%
2016-07-25
MEG Sell
617
USD/Ton
0%
2016-07-25
CPL Buy
-
Textile Raw Material Price 2016-07-24
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.75
USD/Barrel
-0.42%
2016-07-24
Crude Oil Brent
824
USD/Barrel
0.61%
2016-07-24
PX
46.2
USD/Ton
-2.06%
2016-07-24
PTA Buy
4615
RMB/Ton
0.98%
2016-07-24
PTA Sell
615
USD/Ton
0%
2016-07-24
MEG Buy
5070
RMB/Ton
0.3%
2016-07-24
MEG Sell
617
USD/Ton
0%
2016-07-24
CPL Buy
1
-
ICE cotton futures rose on Thursday, snapping three straight losing sessions, on concerns over weather and a positive weekly sales report amid a weaker dollar. "There is still concern with hot weather in Texas for the next two weeks and conditions are deteriorating a bit," said Michael McDougall, director of commodities for Societe Generale in New York.Data from the US Department of Agriculture (USDA) showed sales of upland cotton totalled 72,100 running bales in the week ended July 14, up 31 pe