Textile Raw Material Price 2016-05-15 Item Price Unit Fluctuation Date Crude Oil WTI 46.7 USD/Barrel 1.02% 2016-05-15 Crude Oil Brent 48.08 USD/Barrel 1.01% 2016-05-15 PX 798 USD/Ton 0.63% 2016-05-15 PTA Buy 4590 RMB/Ton -0.86% 2016-05-15 PTA Sell 605 USD/Ton 0.83% 2016-05-15 MEG Buy 5020 RMB/Ton 0.6% 2016-05-15 MEG Sell 623 USD/Ton 0.81% 2016-05-15 CPL Buy

Cotton futures inched lower for the third straight session on Wednesday, pressured by losses in the grains markets. The fibre market is in a "straight follow through from the past six or seven trades - they just moved lower - as there is no fundamental reason for it to move higher," said Jim Lambert, director of sales at FCStone Merchant Services in Nashville, Tennessee. The market also awaited weekly export sales data from the United States on Thursday. The front-month July cotton contract o

Textile Raw Material Price 2016-05-12 Item Price Unit Fluctuation Date Crude Oil WTI 46.23 USD/Barrel 3.52% 2016-05-12 Crude Oil Brent 47.6 USD/Barrel 4.57% 2016-05-12 PX 793 USD/Ton 0.38% 2016-05-12 PTA Buy 4630 RMB/Ton 0% 2016-05-12 PTA Sell 600 USD/Ton 0% 2016-05-12 MEG Buy 4990 RMB/Ton 0% 2016-05-12 MEG Sell 618 USD/Ton 0% 2016-05-12 CPL Buy 9700

Cotton futures drifted down to close at their lowest levels in about three weeks on Tuesday on a US supply-demand report that prompted a slightly negative reaction and a stronger dollar. In its monthly World Agriculture Supply and Demand Estimate report, the US Department of Agriculture raised its outlook for domestic inventories of cotton to be carried into the 2016/17 crop year but forecast world stocks to decline next year. "The domestic data was negative for the old crop and the global d

Steady flow of buying orders kept cotton prices firm on Wednesday. However, activity could not expand as sellers were reluctant to make new deals. Market sources said that though there was strong demand for quality cotton from spinners, ginners preferred to hold back their stocks in anticipation of getting higher price in the coming days. Spinners have once again started importing cotton; around 30,000 bales have been imported from West Africa last month, brokers said. Earlier this season,

Textile Raw Material Price 2016-05-11 Item Price Unit Fluctuation Date Crude Oil WTI 44.66 USD/Barrel 2.81% 2016-05-11 Crude Oil Brent 45.52 USD/Barrel 4.33% 2016-05-11 PX 790 USD/Ton -0.25% 2016-05-11 PTA Buy 4630 RMB/Ton -0.22% 2016-05-11 PTA Sell 600 USD/Ton 0% 2016-05-11 MEG Buy 4990 RMB/Ton -0.2% 2016-05-11 MEG Sell 618 USD/Ton -0.32% 2016-05-11 CPL Bu

Prices recovered modest ground on the cotton market on Tuesday in the process of trading, dealers said. The official spot rate was up by Rs 50 to Rs 5,600 dealers said. In the Punjab, prices showed no change at Rs 3100 and Rs 3400, they said. In the ready business, over 5000 bales of cotton changed hands between Rs 5200-6000, they said. Some brokers said that local market shrugged of overnight weakness, recovering modestly due to persistent demand by mills. Cotton analyst, Naseem Usman said t

Cotton futures fell on Monday to their lowest in three weeks on a broad selloff in commodities triggered by a stronger dollar ahead of Tuesday's monthly US government supply and demand report. "Lower energy, grains and metals cast a deflationary shadow on cotton prices today with a firmer dollar capping off the session's negative bias for the week," Jobe Moss, a broker with MCM Inc in Lubbock, Texas, said in a note. The United States Agriculture Department will likely cut its estimate for US

Textile Raw Material Price 2016-05-10 Item Price Unit Fluctuation Date Crude Oil WTI 43.44 USD/Barrel -2.73% 2016-05-10 Crude Oil Brent 43.63 USD/Barrel -3.84% 2016-05-10 PX 792 USD/Ton -0.38% 2016-05-10 PTA Buy 4640 RMB/Ton 5.22% 2016-05-10 PTA Sell 600 USD/Ton 0% 2016-05-10 MEG Buy 5000 RMB/Ton 0% 2016-05-10 MEG Sell 620 USD/Ton -0.96% 2016-05-10 CPL Buy

Cotton futures snapped a three-day losing streak, helped by gains in commodities, to settle marginally higher or little changed on Friday in cautious trading ahead of the release of key government data next week. The July cotton contract on ICE Futures US registered the biggest weekly loss in over two months. The monthly US government supply and demand report due on Tuesday is "generally expected to be more bearish than bullish," said Louis Rose, independent cotton trader and consultant with Ris