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Cotton futures dropped for the fourth straight session on Friday, to their lowest in more than two weeks, as persisting weak demand sent prices below a key technical level, sparking selling.
The most active July cotton contract fell 1.29 cents, or 2 percent, to settle at 63.29 cents a lb, after dropping as low as 63.26 cents a lb, the lowest since April 2. That was largest single-session loss since January 20.
Second-month cotton finished the week down 3.2 percent, its sharpest weekly de
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Textile Raw Material Price 2015-04-19
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
56.71
USD/Barrel
0.57%
2015-04-19
Crude Oil Brent
942
USD/Barrel
1.51%
2015-04-19
PX
63.98
USD/Ton
6.07%
2015-04-19
PTA Buy
5050
RMB/Ton
-0.39%
2015-04-19
PTA Sell
695
USD/Ton
0%
2015-04-19
MEG Buy
6990
RMB/Ton
-0.14%
2015-04-19
MEG Sell
910
USD/Ton
-0.55%
2015-04-19
CPL Bu
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Cotton futures fell to their lowest levels in two weeks on Thursday after weekly US government export sales data showed a net cancellation in new sales, prompting investor selling and outweighing the supportive effect of a weaker US dollar.
The most active July cotton contract fell 0.42 cent, or 0.6 percent, to settle at 64.58 cents a lb, after falling as low as 63.83 cents a lb, its lowest since April 2.
Front-month May cotton fell 0.58 cent, or 0.9 percent, to settle at 64.01 cents a l
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Textile Raw Material Price 2015-04-16
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
56.39
USD/Barrel
5.82%
2015-04-16
Crude Oil Brent
928
USD/Barrel
1.2%
2015-04-16
PX
60.32
USD/Ton
3.23%
2015-04-16
PTA Buy
5070
RMB/Ton
1.4%
2015-04-16
PTA Sell
695
USD/Ton
0.72%
2015-04-16
MEG Buy
7000
RMB/Ton
0%
2015-04-16
MEG Sell
915
USD/Ton
0%
2015-04-16
CPL Buy
139
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Textile Raw Material Price 2015-04-15
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
53.29
USD/Barrel
3.2%
2015-04-15
Crude Oil Brent
917
USD/Barrel
4.44%
2015-04-15
PX
58.43
USD/Ton
0.97%
2015-04-15
PTA Buy
5000
RMB/Ton
6.84%
2015-04-15
PTA Sell
690
USD/Ton
6.15%
2015-04-15
MEG Buy
7000
RMB/Ton
4.48%
2015-04-15
MEG Sell
915
USD/Ton
3.98%
2015-04-15
CPL Buy
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Cotton futures fell on Tuesday as higher prices compared to recent months limited physical demand, outweighing the supportive impact of a sharp turn lower in the US dollar. The most active July cotton contract fell 0.44 cent, or 0.7 percent, to settle at 65.02 cents a lb. Front-month May cotton also fell 0.44 cent, or 0.7 percent, to settle at 64.69 cents a lb.
The losses came after second-month prices rose to more than 6-month highs in the prior week, discouraging mill buying.
Prices ar
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Textile Raw Material Price 2015-04-14
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
51.64
USD/Barrel
1.67%
2015-04-14
Crude Oil Brent
57.87
USD/Barrel
2.3%
2015-04-14
PX
878
USD/Ton
-0.57%
2015-04-14
PTA Buy
4680
RMB/Ton
-1.47%
2015-04-14
PTA Sell
650
USD/Ton
0%
2015-04-14
MEG Buy
6700
RMB/Ton
0%
2015-04-14
MEG Sell
880
USD/Ton
0%
2015-04-14
CPL Buy
139
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Top 10 Rising Categories
Top 10 Falling Categories
1.NC Fabric
1.29%
1.Lining
-1.80%
2.TC Fabric
1.08%
2.Lace
-1.32%
3.Other Chemical Fibers
0.86%
3.Fashion Fabric
-1.08%
4.Household Textiles
0.80%
4.Apparel Lining
-0.83%
5.Curtains
0.58%
5.Belt
-0.67%
6.Nylon Fabric
0.50%
6.TS Fabric
-0.49%
7.Blended Fiber Grey Cloth
0.48%
7.RW Fabric
-0.40%
8.TW Fabric
0.33%
8.Cotton Linen
-0.32%
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Cotton futures rose on Monday as index funds continued to roll long positions forward ahead of the May contract's first notice day, and traders eyed reports of rains across US growing regions with the potential to delay plantings. The most-active July cotton contract rose 0.06 cent, or 0.1 percent, to settle at 65.46 cents a lb. Front-month May cotton gained 0.07 cent, or 0.1 percent, to settle at 65.13 cents a lb. Both contracts had sold off in the prior two sessions, after the US government ra
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Textile Raw Material Price 2015-04-13
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
51.64
USD/Barrel
1.67%
2015-04-13
Crude Oil Brent
57.87
USD/Barrel
2.3%
2015-04-13
PX
878
USD/Ton
-0.57%
2015-04-13
PTA Buy
4680
RMB/Ton
-1.47%
2015-04-13
PTA Sell
650
USD/Ton
0%
2015-04-13
MEG Buy
6700
RMB/Ton
0%
2015-04-13
MEG Sell
880
USD/Ton
0%
2015-04-13
CPL Buy
139