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The rates were sharply down in line with the global track in the process of trading on the cotton market on Monday, dealers said. The official spot rate was down by Rs 100 to Rs 5,550 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 5300-5750, they said.
Market sources said that general trend in the market was bearish as the ginners have started declining prices, in line with the
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Textile Raw Material Price 2016-05-09
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.66
USD/Barrel
0.77%
2016-05-09
Crude Oil Brent
45.37
USD/Barrel
0.8%
2016-05-09
PX
795
USD/Ton
-1.12%
2016-05-09
PTA Buy
4410
RMB/Ton
-0.79%
2016-05-09
PTA Sell
600
USD/Ton
-1.64%
2016-05-09
MEG Buy
5000
RMB/Ton
-2.34%
2016-05-09
MEG Sell
626
USD/Ton
-2.34%
2016-05-09
CP
-
Cotton futures fell to the lowest in over two weeks on Thursday, erasing modest early gains following weekly US government export sales data, on an downtrend in commodities and a stronger dollar.
Sales of upland cotton totaled 61,300 running bales for the week ended April 28, up 26 percent from the previous week.
The export sales numbers were neither bullish or nor bearish, said John Bondurant, a trader in Memphis, Tennessee, adding that cotton prices were down on the broad selloff in co
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Textile Raw Material Price 2016-05-08
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.32
USD/Barrel
1.23%
2016-05-08
Crude Oil Brent
45.01
USD/Barrel
0.87%
2016-05-08
PX
804
USD/Ton
-1.11%
2016-05-08
PTA Buy
4445
RMB/Ton
-6.81%
2016-05-08
PTA Sell
610
USD/Ton
-1.61%
2016-05-08
MEG Buy
5120
RMB/Ton
-1.16%
2016-05-08
MEG Sell
641
USD/Ton
-1.08%
2016-05-08
C
-
Textile Raw Material Price 2016-05-04
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
43.65
USD/Barrel
-2.52%
2016-05-04
Crude Oil Brent
44.97
USD/Barrel
-1.88%
2016-05-04
PX
813
USD/Ton
-1.33%
2016-05-04
PTA Buy
4770
RMB/Ton
-2.05%
2016-05-04
PTA Sell
620
USD/Ton
-0.32%
2016-05-04
MEG Buy
5210
RMB/Ton
0.19%
2016-05-04
MEG Sell
655
USD/Ton
1.08%
2016-05-04
C
-
Cotton futures rose nearly one percent to register the biggest gain in more than a week on Monday, helped by a weak dollar and short covering. "There is an element of people who think they should be long in the commodities market in general," said Keith Brown, proprietor and cotton trader at Keith Brown and Co in Moultrie, Georgia, adding that the sentiment in the cotton market is "friendly."
Speculators raised net long positions in cotton by 19,429 lots to a 3-1/2-month high of 28,784 lots
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Textile Raw Material Price 2016-05-03
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.78
USD/Barrel
-2.72%
2016-05-03
Crude Oil Brent
824
USD/Barrel
0.24%
2016-05-03
PX
45.83
USD/Ton
-4.8%
2016-05-03
PTA Buy
4870
RMB/Ton
0.31%
2016-05-03
PTA Sell
622
USD/Ton
-0.48%
2016-05-03
MEG Buy
5200
RMB/Ton
0.58%
2016-05-03
MEG Sell
648
USD/Ton
0.93%
2016-05-03
CPL
-
Italian fashion house Bottega Veneta is the latest luxury brand set to bring together its women’s wear and men’s shows into a single event. The luxury fashion house has unveiled plans to showcase both collections for spring 2017 under one roof this September, in honour of its 50th anniversary. The integrated catwalk show, set to take place during Milan Fashion Week, also celebrates Bottega Veneta’s creative director, Tomas Maier, 15th year with the label.
“I really like to organize this spec
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Cotton futures recovered from initial losses driven by end-of-month profit-taking to settle marginally up to near unchanged, supported by a weaker dollar on Friday. Louis Rose, independent cotton trader and consultant with Risk Analytics in Memphis, Tennessee, said that "overall the technical picture is positive - the overbought condition notwithstanding."
Traders also remained cautious ahead of China's sale of its massive state reserves of the natural fiber, scheduled to begin on May 3, he
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Textile Raw Material Price 2016-05-02
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.03
USD/Barrel
0%
2016-05-02
Crude Oil Brent
48.14
USD/Barrel
0%
2016-05-02
PX
822
USD/Ton
0%
2016-05-02
PTA Buy
4855
RMB/Ton
5.43%
2016-05-02
PTA Sell
625
USD/Ton
0%
2016-05-02
MEG Buy
5170
RMB/Ton
0%
2016-05-02
MEG Sell
642
USD/Ton
0%
2016-05-02
CPL Buy
10400
RMB/