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Textile Raw Material Price 2016-06-13
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
49.07
USD/Barrel
0%
2016-06-13
Crude Oil Brent
50.54
USD/Barrel
0%
2016-06-13
PX
828
USD/Ton
0%
2016-06-13
PTA Buy
4550
RMB/Ton
-0.55%
2016-06-13
PTA Sell
605
USD/Ton
-0.82%
2016-06-13
MEG Buy
4910
RMB/Ton
-0.3%
2016-06-13
MEG Sell
608
USD/Ton
-0.82%
2016-06-13
CPL Buy
9
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Textile Raw Material Price 2016-06-12
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
49.07
USD/Barrel
-2.56%
2016-06-12
Crude Oil Brent
828
USD/Barrel
1.6%
2016-06-12
PX
50.54
USD/Ton
-1.75%
2016-06-12
PTA Buy
4575
RMB/Ton
-0.33%
2016-06-12
PTA Sell
610
USD/Ton
0%
2016-06-12
MEG Buy
4925
RMB/Ton
0%
2016-06-12
MEG Sell
613
USD/Ton
0.49%
2016-06-12
CPL Buy
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Cotton futures settled lower on Friday after a choppy trading session as the US government raised its forecast for domestic inventories. The US Department of Agriculture (USDA) cut its outlook for global inventories, largely on a decrease in inventories in China, the world's largest consumer. "China selling so much of their cotton is not good for the near-term, but longer term we're drawing the stocks down," said Louis Rose, independent cotton trader and consultant with Risk Analytics in Memphis
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Cotton futures surged in high-volume trade on Monday to their highest in nearly six months, supported by a commodities uptrend driven by a weaker dollar. The natural fibre rallied 2.6 percent, the biggest percentage gain in seven weeks. Prices neared the old resistance level of 66 cents and might try to stay up, said Ron Lee, general manager at McCleskey Cotton in Bronwood, Georgia. The most-active December cotton contract on ICE Futures US settled up 1.63 cent, or 2.55 percent, at 65.54 cents p
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Textile Raw Material Price 2016-06-07
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
49.69
USD/Barrel
2.2%
2016-06-07
Crude Oil Brent
50.55
USD/Barrel
1.83%
2016-06-07
PX
810
USD/Ton
0.5%
2016-06-07
PTA Buy
4575
RMB/Ton
-0.54%
2016-06-07
PTA Sell
610
USD/Ton
0%
2016-06-07
MEG Buy
4900
RMB/Ton
0.2%
2016-06-07
MEG Sell
610
USD/Ton
0.33%
2016-06-07
CPL Buy
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A firmness prevailed on the cotton market On Monday as rates were stable amid lacklustre trading activity, dealers said. The official spot rate was unchanged at Rs 5,600, dealers said. In Sindh, seed-cotton prices were at Rs 2800-3100, per 40 kg, they said. In ready session, only a deal of 400 bales finalised at Rs 5600, they said. Market sources said that leading buyers showed no interest in fresh buying as the ginners were not cutting down prices of lint cotton.
Cotton analyst, Naseem Usman
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Textile Raw Material Price 2016-06-06
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
48.62
USD/Barrel
-1.12%
2016-06-06
Crude Oil Brent
49.64
USD/Barrel
-0.8%
2016-06-06
PX
806
USD/Ton
1.64%
2016-06-06
PTA Buy
4600
RMB/Ton
2.79%
2016-06-06
PTA Sell
610
USD/Ton
2.01%
2016-06-06
MEG Buy
4890
RMB/Ton
0.31%
2016-06-06
MEG Sell
608
USD/Ton
0.5%
2016-06-06
CPL Bu
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ICE cotton futures rose about 2 percent on Friday, snapping four days of declines with help from the weather and weekly US export sales data amid a weaker dollar. The market factored in the "good" export sales data along with the rains in the West Texas, said Jordan Lea, chairman and co-owner of Eastern Trading in Greenville, South Carolina, adding that there also was a lot of short covering. Sales of upland cotton totalled 124,900 running bales in the most recent week, down 3 percent from a wee
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Textile Raw Material Price 2016-06-05
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
49.17
USD/Barrel
0.33%
2016-06-05
Crude Oil Brent
50.04
USD/Barrel
0.64%
2016-06-05
PX
793
USD/Ton
0%
2016-06-05
PTA Buy
4475
RMB/Ton
0%
2016-06-05
PTA Sell
598
USD/Ton
0%
2016-06-05
MEG Buy
4875
RMB/Ton
-1.12%
2016-06-05
MEG Sell
605
USD/Ton
0.5%
2016-06-05
CPL Buy
9900
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Cotton futures fell more than 1 percent, the most in nearly two-weeks, on Wednesday on profit-taking after the holiday weekend. "Some of the new longs that had come into the market decided to exit them in the last two days," said Jim Lambert, Director of Sales at FCStone Merchant Services, LLC, adding that technicals indicate that the recent market rally has "run out of steam." Cotton contracts for July settled down 0.77 cent, or 1.20 percent, at 63.17 cents per lb. It traded within a range of 6