Intercontinental Exchange's world cotton futures contract will begin trading on November 2, 2015, pending regulatory approval, the exchange said on Tuesday, announcing the long-awaited launch of a contract that has met a series of hurdles. Merchants have been pressing for years for a world contract. ICE's cotton No 2 futures contract, which only allows for delivery of US cotton, has long served as the world benchmark, even though the United States has been surpassed as the world's largest grower

Textile Raw Material Price 2015-08-16 Item Price Unit Fluctuation Date Crude Oil WTI 42.23 USD/Barrel -2.47% 2015-08-16 Crude Oil Brent 823 USD/Barrel 0.37% 2015-08-16 PX 49.22 USD/Ton -0.89% 2015-08-16 PTA Buy 4530 RMB/Ton 0% 2015-08-16 PTA Sell 615 USD/Ton 0% 2015-08-16 MEG Buy 6050 RMB/Ton 0.83% 2015-08-16 MEG Sell 768 USD/Ton 0.39% 2015-08-16 CPL Buy

ICE cotton hit its highest level in more than one month on Thursday in a follow-through rally off the prior session's explosive gains, which were prompted by a US government report forecasting a significantly smaller crop than many expected. "There's a lot of cleaning up to do," said Chris Kramedjian, a risk management consultant with INTL FCStone in Memphis, Tennessee, noting that several holders with short positions still needed to exit them on Thursday, after the December contract hit its dai

Textile Raw Material Price 2015-08-13 Item Price Unit Fluctuation Date Crude Oil WTI 43.3 USD/Barrel 0.51% 2015-08-13 Crude Oil Brent 49.66 USD/Barrel 0.98% 2015-08-13 PX 820 USD/Ton -2.03% 2015-08-13 PTA Buy 4530 RMB/Ton 1.12% 2015-08-13 PTA Sell 615 USD/Ton 0% 2015-08-13 MEG Buy 6000 RMB/Ton 1.69% 2015-08-13 MEG Sell 765 USD/Ton 0% 2015-08-13 CPL Buy 1

ICE cotton surged in record-high volume on Wednesday, hitting a two-week high and reaching its daily price limit after the US government slashed its forecast for US and global production and ending stocks significantly more than expected. December cotton on ICE Futures US settled up by 2.87 cents, a 4.6 percent gain, at 64.69 cents per pound, the largest single-session gain ever for the December 2015 contract and the largest single-day gain for the second-month contract since June 2012. The

Textile Raw Material Price 2015-08-12 Item Price Unit Fluctuation Date Crude Oil WTI 43.08 USD/Barrel -4.18% 2015-08-12 Crude Oil Brent 837 USD/Barrel 1.82% 2015-08-12 PX 49.18 USD/Ton -2.44% 2015-08-12 PTA Buy 4480 RMB/Ton -1.54% 2015-08-12 PTA Sell 615 USD/Ton 0% 2015-08-12 MEG Buy 5900 RMB/Ton -0.17% 2015-08-12 MEG Sell 765 USD/Ton -2.55% 2015-08-12 CPL

ICE cotton futures fell on Tuesday as China's currency devaluation kindled concerns about demand, though physical buying and positioning ahead of Wednesday's US government supply and demand report limited losses. "The price is right here," said Michael Quinn, president and chief executive officer of Carolinas Cotton Growers Co-operative, noting that current price levels near six-month lows had triggered mill demand. December cotton on ICE Futures US settled down by 0.14 cent on Tuesday, a 0.

Textile Raw Material Price 2015-08-11 Item Price Unit Fluctuation Date Crude Oil WTI 44.96 USD/Barrel 2.48% 2015-08-11 Crude Oil Brent 822 USD/Barrel 0% 2015-08-11 PX 50.41 USD/Ton 3.7% 2015-08-11 PTA Buy 4550 RMB/Ton 2.25% 2015-08-11 PTA Sell 615 USD/Ton 0% 2015-08-11 MEG Buy 5910 RMB/Ton 2.43% 2015-08-11 MEG Sell 785 USD/Ton 1.95% 2015-08-11 CPL Buy 11

Mills played an active role in fresh buying on the cotton market on Monday in the process of moderate trading, dealers said. The official spot rate was unchanged at Rs 4,450, dealers said. Seed cotton prices in Sindh were at Rs 2100 and Rs 2350 and in Punjab rates were at Rs 1800 and Rs 2450, they said. In the ready business, around 10,000 bales of cotton changed hands between Rs 4500 and Rs 4825, they said. Market sources said that the Trading Corporation of Pakistan (TCP) is not gettin

Textile Raw Material Price 2015-08-10 Item Price Unit Fluctuation Date Crude Oil WTI 43.87 USD/Barrel -1.77% 2015-08-10 Crude Oil Brent 48.61 USD/Barrel -1.84% 2015-08-10 PX 822 USD/Ton 0% 2015-08-10 PTA Buy 4450 RMB/Ton 0% 2015-08-10 PTA Sell 615 USD/Ton -0.81% 2015-08-10 MEG Buy 5770 RMB/Ton -0.52% 2015-08-10 MEG Sell 770 USD/Ton -0.65% 2015-08-10 CPL Buy