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Cotton futures fell for a fourth straight session on Monday to the lowest since June 2009, as worries over demand in the world's top consumer China sparked selling early in the session and stop-loss orders exaggerated the day's declines. "Fundamentals are heavy enough that key technical support was taken out and sell stops were activated," said Michael McDougall, director of commodities for Societe Generale in New York.
China said on Monday it expects to lay off 1.8 million workers in the co
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Textile Raw Material Price 2016-03-01
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
33.75
USD/Barrel
2.96%
2016-03-01
Crude Oil Brent
35.97
USD/Barrel
2.48%
2016-03-01
PX
743
USD/Ton
-0.8%
2016-03-01
PTA Buy
4350
RMB/Ton
2.35%
2016-03-01
PTA Sell
560
USD/Ton
0%
2016-03-01
MEG Buy
5320
RMB/Ton
1.82%
2016-03-01
MEG Sell
675
USD/Ton
3.05%
2016-03-01
CPL Buy
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Cotton futures stemmed a four-day losing streak on Thursday, rising off the lowest level in 6-1/2 years as investors covered bearish bets. "(Cotton is) oversold on many different levels," helping to prompt a short-covering rally, said Lou Barbera of ICAP Cotton. Traders took stock of acreage forecasts from the USDA, which projected all-cotton plantings at 9.4 million acres in the country in 2016, compared to 8.6 million acres in 2015. The forecast was broadly in line with expectations for an inc
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Textile Raw Material Price 2016-02-29
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
32.78
USD/Barrel
-0.88%
2016-02-29
Crude Oil Brent
35.1
USD/Barrel
-0.54%
2016-02-29
PX
749
USD/Ton
0.54%
2016-02-29
PTA Buy
4250
RMB/Ton
0%
2016-02-29
PTA Sell
560
USD/Ton
0%
2016-02-29
MEG Buy
5225
RMB/Ton
1.06%
2016-02-29
MEG Sell
655
USD/Ton
0.77%
2016-02-29
CPL Buy
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Textile Raw Material Price 2016-02-28
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
33.07
USD/Barrel
2.86%
2016-02-28
Crude Oil Brent
745
USD/Barrel
0%
2016-02-28
PX
35.29
USD/Ton
2.56%
2016-02-28
PTA Buy
4250
RMB/Ton
-1.16%
2016-02-28
PTA Sell
560
USD/Ton
0%
2016-02-28
MEG Buy
5170
RMB/Ton
0.39%
2016-02-28
MEG Sell
650
USD/Ton
-0.76%
2016-02-28
CPL Buy
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Textile Raw Material Price 2016-02-25
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
32.15
USD/Barrel
0.88%
2016-02-25
Crude Oil Brent
34.41
USD/Barrel
3.43%
2016-02-25
PX
745
USD/Ton
-0.67%
2016-02-25
PTA Buy
4300
RMB/Ton
-0.46%
2016-02-25
PTA Sell
560
USD/Ton
0%
2016-02-25
MEG Buy
5150
RMB/Ton
-1.9%
2016-02-25
MEG Sell
655
USD/Ton
-1.5%
2016-02-25
CPL Buy
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Textile Raw Material Price 2016-02-24
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
31.87
USD/Barrel
1.24%
2016-02-24
Crude Oil Brent
33.27
USD/Barrel
-4.09%
2016-02-24
PX
750
USD/Ton
0.4%
2016-02-24
PTA Buy
4320
RMB/Ton
0%
2016-02-24
PTA Sell
560
USD/Ton
0%
2016-02-24
MEG Buy
5250
RMB/Ton
0.77%
2016-02-24
MEG Sell
665
USD/Ton
0.76%
2016-02-24
CPL Buy
9
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Textile Raw Material Price 2016-02-24
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
31.48
USD/Barrel
6.21%
2016-02-24
Crude Oil Brent
747
USD/Barrel
1.08%
2016-02-24
PX
34.69
USD/Ton
5.09%
2016-02-24
PTA Buy
4320
RMB/Ton
0%
2016-02-24
PTA Sell
560
USD/Ton
0%
2016-02-24
MEG Buy
5210
RMB/Ton
2.56%
2016-02-24
MEG Sell
650
USD/Ton
0%
2016-02-24
CPL Buy
9450
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Textile Raw Material Price 2016-02-23
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
29.64
USD/Barrel
-3.67%
2016-02-23
Crude Oil Brent
33.01
USD/Barrel
-3.7%
2016-02-23
PX
739
USD/Ton
0.82%
2016-02-23
PTA Buy
4320
RMB/Ton
1.65%
2016-02-23
PTA Sell
560
USD/Ton
1.27%
2016-02-23
MEG Buy
5080
RMB/Ton
0.99%
2016-02-23
MEG Sell
650
USD/Ton
1.25%
2016-02-23
CPL B
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Cotton futures eased on Friday, retreating from the previous day's more than one-week high under pressure from selling across commodities and worries over excess inventories that offset a strong export report. Traders are worried about excess inventories, particularly in China, said John Bondurant, a trader in Memphis, Tennessee. That offset what he said were "super" export sales.
US export sales of upland cotton totalled 308,800 running bales, a marketing year high, in the week ended Februa