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Prices ascended on the cotton market on Monday amid selective buying by mills and spinners mainly, dealers said. The official spot rate gained Rs 50 to Rs 5,300, dealers said. In Sindh, seed cotton prices were up by Rs 100 to Rs 2400 and Rs 3000 and in the Punjab rates were higher by Rs 50 to Rs 2500 and Rs 3100, they said. In the ready business, nearly 4,000 of deals were finalised between Rs 5400 and Rs 5600, they said.
Commenting on the thin business, cotton analyst, Naseem Usman attribut
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Textile Raw Material Price 2015-11-16
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
40.74
USD/Barrel
-5.1%
2015-11-16
Crude Oil Brent
43.61
USD/Barrel
-4.8%
2015-11-16
PX
789
USD/Ton
-0.75%
2015-11-16
PTA Buy
4700
RMB/Ton
1.08%
2015-11-16
PTA Sell
585
USD/Ton
0%
2015-11-16
MEG Buy
4590
RMB/Ton
-1.5%
2015-11-16
MEG Sell
595
USD/Ton
-2.14%
2015-11-16
CPL Buy
-
No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Lustrous Jacquard Printed Curtain Fabric
280
580g/m
15.00yuan/m
②
TW Slub Woolen Velvet
150
550g/m
28.00yuan/m
③
Cotton Pad-dyed Drill
148
20S×16S、128×60
14.60yuan/m
④
T/R Serge
150
480g/m
17.50yuan/m
⑤
Cotton Reactive-printed twill quilt cover fabric
235
40S×40S、128×68
14.50yuan/m
⑥
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ICE cotton futures fell on Friday, touching a one-month low, under pressure from disappointing US government weekly export data, outside market pressure and a rising US dollar. Sales of upland cotton were down and shipments slumped 57 percent from the previous week, US Department of Agriculture (USDA) data showed on Friday. "There's cotton around that hasn't found a home," said a US broker, noting lacklustre demand.
Falling equities and grains markets also weighed. The buoyant US dollar pres
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Textile Raw Material Price 2015-11-15
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
42.93
USD/Barrel
-2.9%
2015-11-15
Crude Oil Brent
45.81
USD/Barrel
-3.44%
2015-11-15
PX
795
USD/Ton
-1.49%
2015-11-15
PTA Buy
4650
RMB/Ton
-1.06%
2015-11-15
PTA Sell
585
USD/Ton
0%
2015-11-15
MEG Buy
4660
RMB/Ton
-2.31%
2015-11-15
MEG Sell
608
USD/Ton
-1.14%
2015-11-15
CPL
-
ICE cotton prices retreated on Thursday as rains eased in key growing regions of the United States during the harvest and weak demand weighed. "Buyers aren't chasing this market," said Jobe Moss, a broker with MCM Inc in Lubbock Texas. "The key thing is there's just no business." Weekly US government export data was due Friday, delayed due to the Veteran's Day holiday on Wednesday.
March cotton on ICE Futures US settled down 0.15 cent, or 0.24 percent, at 62.16 cents per lb. It traded within
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Textile Raw Material Price 2015-11-12
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
42.93
USD/Barrel
-2.9%
2015-11-12
Crude Oil Brent
45.81
USD/Barrel
-3.44%
2015-11-12
PX
795
USD/Ton
-1.49%
2015-11-12
PTA Buy
4650
RMB/Ton
-1.06%
2015-11-12
PTA Sell
585
USD/Ton
0%
2015-11-12
MEG Buy
4660
RMB/Ton
-2.31%
2015-11-12
MEG Sell
608
USD/Ton
-1.14%
2015-11-12
CPL
-
ICE cotton rose on Wednesday as rains and foggy weather have prevented harvesting in portions of the US cotton belt for several days, though the trading range was tight and the price traded entirely within the prior session's high and low. "People are still a little bit concerned about the size of the crop with all this weather, but we're just floating back to the top of the range," said Ron Lee, general manager at McCleskey Cotton in Bronwood, Georgia. March cotton on ICE Futures US settled up
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Textile Raw Material Price 2015-11-11
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.21
USD/Barrel
0.78%
2015-11-11
Crude Oil Brent
47.44
USD/Barrel
0.53%
2015-11-11
PX
807
USD/Ton
0%
2015-11-11
PTA Buy
4700
RMB/Ton
0%
2015-11-11
PTA Sell
585
USD/Ton
0%
2015-11-11
MEG Buy
4770
RMB/Ton
-1.45%
2015-11-11
MEG Sell
615
USD/Ton
-1.13%
2015-11-11
CPL Buy
10
-
ICE cotton fell on Tuesday after the US Department of Agriculture reduced its forecast for global demand but also slashed expectations for US output, world production and season-end inventories in its monthly supply and demand report. March cotton on ICE Futures US fell 0.13 cent, or less than 0.1 percent, to settle at 61.99 cents a lb.
December cotton rose 0.03 cent, or less than 1 percent, to settle at 61.93 cents a lb. The USDA lowered its forecast for world inventories at the end of the