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Benchmark cotton on ICE Futures US fell on Monday in line with other commodities, as manufacturing data in China showed factory activity there fell more than initially expected last month. "We're just having a hard time climbing," said Louis Rose, independent cotton trader and consultant at Risk Analytics in Memphis, Tennessee, noting that while prices likely do not have much further to fall, the weak data from China, the world's largest cotton consumer, could discourage new buying.
The 19-c
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Textile Raw Material Price 2015-08-03
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
47.12
USD/Barrel
-2.89%
2015-08-03
Crude Oil Brent
860
USD/Barrel
0%
2015-08-03
PX
52.21
USD/Ton
-2.06%
2015-08-03
PTA Buy
4500
RMB/Ton
-1.1%
2015-08-03
PTA Sell
640
USD/Ton
0%
2015-08-03
MEG Buy
6150
RMB/Ton
-0.81%
2015-08-03
MEG Sell
820
USD/Ton
0%
2015-08-03
CPL Buy
1
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Top 10 Rising Categories
Top 10 Falling Categories
1.RW Fabric
3.67%
1.Blended
-0.73%
2.Thread & Rope
2.52%
2.Apparel Lining
-0.70%
3.Nylon Fabric
1.26%
3.Natural Fiber Grey Cloth
-0.19%
4.Bedding
0.99%
4.Polyester
-0.18%
5.Lining
0.90%
5.Viscose Fabric
-0.15%
6.Polyester Fabric
0.90%
6.Cotton Fabric
-0.12%
7.TC Fabric
0.83%
7.Other Chemical Fiber
-0.08%
8.Blended Fiber Grey Cloth
0.6
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No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Lustrous Jacquard Printed Curtain Fabric
280
580g/m
14.80yuan/m
②
TS Two-way Stretch
150
320g/m
11.50yuan/m
③
T/R Doeskin
150
430g/m
15.50yuan/m
④
NS Elastic
150
Nylon 75D×50D/Cotton 32S+70D Spandex
15.60yuan/m
⑤
T/R Serge
150
420g/m
16.50yuan/m
⑥
Polyester Knitted Rotary Screen Printing Double-s
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Benchmark cotton futures on ICE Futures US hit a more than three-month low on Friday before recovering on a sharp move lower in the US dollar, but ended July down 6.8 percent for their worst month since September 2014. "Emerging markets are not buying very much," said Peter Egli, director of risk management at British merchant Plexus Cotton Ltd. "Unless you have a dollar collapse, I don't see where the strength for commodities comes from."
A weaker dollar boosts greenback-traded commodities
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Textile Raw Material Price 2015-08-02
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
48.52
USD/Barrel
-0.55%
2015-08-02
Crude Oil Brent
53.31
USD/Barrel
-0.13%
2015-08-02
PX
860
USD/Ton
0.94%
2015-08-02
PTA Buy
4550
RMB/Ton
0%
2015-08-02
PTA Sell
640
USD/Ton
0%
2015-08-02
MEG Buy
6200
RMB/Ton
-2.36%
2015-08-02
MEG Sell
820
USD/Ton
-1.2%
2015-08-02
CPL Buy
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Textile Raw Material Price 2015-07-30
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
48.79
USD/Barrel
1.69%
2015-07-30
Crude Oil Brent
53.38
USD/Barrel
0.15%
2015-07-30
PX
852
USD/Ton
0%
2015-07-30
PTA Buy
4550
RMB/Ton
0%
2015-07-30
PTA Sell
640
USD/Ton
0%
2015-07-30
MEG Buy
6350
RMB/Ton
0.79%
2015-07-30
MEG Sell
830
USD/Ton
0.61%
2015-07-30
CPL Buy
1150
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Textile Raw Material Price 2015-07-29
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
47.98
USD/Barrel
1.24%
2015-07-29
Crude Oil Brent
53.3
USD/Barrel
-0.32%
2015-07-29
PX
852
USD/Ton
-1.16%
2015-07-29
PTA Buy
4550
RMB/Ton
0.55%
2015-07-29
PTA Sell
640
USD/Ton
1.59%
2015-07-29
MEG Buy
6300
RMB/Ton
0.8%
2015-07-29
MEG Sell
825
USD/Ton
1.23%
2015-07-29
CPL Bu
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The US government's decision to upgrade the Uzbek government's ranking in its 2015 Trafficking in Persons Report despite noting that “government-compelled forced labor of adults remains endemic,” has come under fire from Cotton Campaign.
Cotton Campaign is a coalition of human rights organisations, trade unions, socially responsible investors and business associations united to end forced labor of children and adults in the cotton industry in Uzbekistan.
In a letter to US Secretary of Stat
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Benchmark cotton futures on ICE rose the most in two weeks on Tuesday after a drop to more than three-month lows triggered physical demand, resulting in short-covering by speculators. "With a lack of selling pressure on the physical side, the path of least resistance is up," said Louis Rose, an independent cotton trader and consultant at Risk Analytics in Memphis, Tennessee.
Rose noted that there was a big amount of short-covering when prices approached last week's settlement level at 64.64