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Active buying by mills and exporters was witnessed on the Pakistan cotton market as prices moved warily on Tuesday. The official spot rate remained unchanged at Rs 5,200, dealers said. In the ready session, around, 20,000 bales of cotton changed hands between Rs 5200 and Rs 5300. In Sindh, rates were lower by Rs 100 to Rs 2000 and Rs 2025, while in Punjab prices were at Rs 2300 and Rs 2600.
According to cotton analyst, Naeem Usman, exporters and mills continued forward buying to meet their u
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Textile Raw Material Price 2014-10-22
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
82.81
USD/Barrel
0.12%
2014-10-22
Crude Oil Brent
86.22
USD/Barrel
0.96%
2014-10-22
PX
1078
USD/Ton
1.41%
2014-10-22
PTA Buy
5660
RMB/Ton
0.18%
2014-10-22
PTA Sell
760
USD/Ton
0%
2014-10-22
MEG Buy
6150
RMB/Ton
0%
2014-10-22
MEG Sell
830
USD/Ton
0.61%
2014-10-22
CPL Buy
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Textile Raw Material Price 2014-10-16
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
81.78
USD/Barrel
-0.07%
2014-10-16
Crude Oil Brent
83.78
USD/Barrel
-1.48%
2014-10-16
PX
1067
USD/Ton
-1.48%
2014-10-16
PTA Buy
5750
RMB/Ton
-0.35%
2014-10-16
PTA Sell
755
USD/Ton
-0.66%
2014-10-16
MEG Buy
5880
RMB/Ton
-0.34%
2014-10-16
MEG Sell
800
USD/Ton
0%
2014-10-16
CP
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Textile Raw Material Price 2014-10-15
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
81.84
USD/Barrel
-4.55%
2014-10-15
Crude Oil Brent
1083
USD/Barrel
0.37%
2014-10-15
PX
85.04
USD/Ton
-4.33%
2014-10-15
PTA Buy
5770
RMB/Ton
-1.2%
2014-10-15
PTA Sell
760
USD/Ton
-2.56%
2014-10-15
MEG Buy
5760
RMB/Ton
-2.37%
2014-10-15
MEG Sell
778
USD/Ton
-2.75%
2014-10-15
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Textile Raw Material Price 2014-10-14
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
85.74
USD/Barrel
-0.09%
2014-10-14
Crude Oil Brent
1079
USD/Barrel
-3.32%
2014-10-14
PX
88.89
USD/Ton
-1.46%
2014-10-14
PTA Buy
5840
RMB/Ton
0.17%
2014-10-14
PTA Sell
780
USD/Ton
0%
2014-10-14
MEG Buy
5900
RMB/Ton
1.72%
2014-10-14
MEG Sell
800
USD/Ton
3.23%
2014-10-14
CPL B
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Top 10 Categories in Rising
Top 10 Categories in Rising
1.Apparel Lining
1.61%
1.Lining
-2.61%
2.Household Textiles
0.98%
2.Thread & Rope
-1.86%
3.Natural Fiber Grey Cloth
0.87%
3.Belt
-1.16%
4.NC Fabric
0.71%
4.Nylon Fabric
-0.79%
5.Cotton Fabric
0.34%
5.TC Fabric
-0.77%
6.RW Fabric
0.30%
6.TN Fabric
-0.77%
7.Viscose Fabric
0.24%
7.Lace
-0.64%
8.Blended Fiber Grey Cloth
0.18%
8.
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Textile Raw Material Price 2014-10-13
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
85.82
USD/Barrel
0%
2014-10-13
Crude Oil Brent
1116
USD/Barrel
0%
2014-10-13
PX
90.21
USD/Ton
0%
2014-10-13
PTA Buy
5830
RMB/Ton
-1.19%
2014-10-13
PTA Sell
780
USD/Ton
-2.5%
2014-10-13
MEG Buy
5800
RMB/Ton
-1.69%
2014-10-13
MEG Sell
775
USD/Ton
-3.73%
2014-10-13
CPL Buy
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No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Lustrous Jacquard Printed Curtain Fabric
280
580g/m
14.80yuan/m
②
Water-jet Satin
150
50D lustrous FDY×75DDTY
3.20yuan/m
③
Cotton Pad-dyed Drill
148
20S×16S、128×60
14.50yuan/m
④
Polyester Printed Curtain Fabric
280
520g/m
12.80yuan/m
⑤
Polyester Knitted Rotary-screen Printed Double-sided Plush
150
150D semi
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New York futures moved higher this week, with December advancing 209 points to close at 63.94 cents/lb, while March gained 174 points to close at 62.27 cents/lb.
“After posting a low of 60.83 cents two weeks ago, nearby supply worries have since lifted the December contract back into the mid-60s,” the latest Plexus cotton market report reveals.
Spec short covering was the main driver behind the strength in December this week, after an improving chart picture triggered a number of buy stops
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Almost zero forward deals with exporters seen this season as China reduced its imports from India, record-high acreage as well as cotton production, along with dull demand from mills has resulted in fall in cotton prices and it will be the lowest in last one year.
Cotton prices have fallen to the lowest levels in the current cotton year (October 2013-September 2014), at Rs 33,000-34,000 a candy (356 kg). Demand for cotton in terms of exports will also be low.
According to sources, going f