-
Textile Raw Material Price 2014-03-09
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
101.56
USD/Barrel
0.11%
2014-03-09
Crude Oil Brent
108.1
USD/Barrel
0.32%
2014-03-09
PX
1242
USD/Ton
0%
2014-03-09
PTA Buy
6350
RMB/Ton
0.79%
2014-03-09
PTA Sell
900
USD/Ton
0.67%
2014-03-09
MEG Buy
6830
RMB/Ton
-0.29%
2014-03-09
MEG Sell
940
USD/Ton
-0.53%
2014-03-09
CPL B
-
ICE Cotton joined the commodities rally this week by gaining over 400 pts to settle at 91.27 c/lbs basis K4. After several weeks spent trading in a narrow range, following a better-than-expected USDA export report on Thursday, which seemed to increase market participants’ hopes for a cut to US 13/14 ending stocks in
Monday’s WASDE report, the market surged higher on rising OI.
With many commodities cheap both in outright terms and relative to equities, a wave of spec buying entered the mark
-
Textile Raw Material Price 2014-03-05
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
103.33
USD/Barrel
-1.52%
2014-03-05
Crude Oil Brent
109.3
USD/Barrel
-1.71%
2014-03-05
PX
1230
USD/Ton
-0.49%
2014-03-05
PTA Buy
6250
RMB/Ton
0.32%
2014-03-05
PTA Sell
888
USD/Ton
0.68%
2014-03-05
MEG Buy
6720
RMB/Ton
1.36%
2014-03-05
MEG Sell
920
USD/Ton
2%
2014-03-05
CPL
-
* Prices reverse from one-week high of 89.57 cents/lb
* Investors less skittish on Ukraine, slow commodity buys
* Cotton falls in range-bound trade, support near 14-day MA
Cotton futures eased from a one-week high on Wednesday and gave back some of the week's earlier gains as the momentum of a speculator-driven rally slowed.
The benchmark May cotton contract on ICE Futures U.S. closed down 0.61 cent, or 0.7 percent, at 88.61 cents a lb after earlier climbing to 89.57 cents.
Fiber'
-
Textile Raw Material Price 2014-03-04
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
104.92
USD/Barrel
2.27%
2014-03-04
Crude Oil Brent
111.2
USD/Barrel
1.95%
2014-03-04
PX
1236
USD/Ton
0.24%
2014-03-04
PTA Buy
6230
RMB/Ton
0%
2014-03-04
PTA Sell
882
USD/Ton
0%
2014-03-04
MEG Buy
6630
RMB/Ton
0.3%
2014-03-04
MEG Sell
902
USD/Ton
1.01%
2014-03-04
CPL Buy
-
The Australian Bureau of Agricultural and Resource Economics (ABARES) has projected mix outlook for wool. ABARES foresees the EMI to move up once again in the short-to-medium term, averaging around 1,160 cents per kilogram for 2014-15 and remain at around 1,155 cents per kilogram in 2015-16.
By 2018-19, the EMI is projected to plunge to around 1,133 cents per kilo as graziers restock and production recovers.
The Eastern Market Indicator (EMI) gained strength during the first half of 2013-1
-
The Cotton Corporation of India (CCI) reported the current season arrival to 151.41 lakh bale as of now as compared to 182.23 lakh bale in the same time last season.
In the north zone of Punjab, Haryana and Rajasthan, the daily average arrivals are around 15,000 bales. Cotton lint prices remained steady with no major variations.
Gujarat cotton market on account of slow-moving demand from exporters witnessed decline in prices. Moreover, last week the arrivals also dropped from 65000 bales
-
Top 10 Categories in Rising
Top 10 Categories in Rising
1.Lining
2.78%
1.NC Fabric
-2.11%
2.Curtain
0.98%
2.Nylon Fabric
-1.33%
3.TW Fabric
0.83%
3.Blended Fiber Grey Cloth
-0.76%
4.Cotton/Linen
0.62%
4.Polyester
-0.52%
5.TS Fabric
0.55%
5.Blended
-0.50%
6.Natural Fiber Grey Cloth
0.43%
6.Lace
-0.42%
7.Other Chemical Fiber
0.37%
7.TN Fabric
-0.37%
8.Polyester Fabric
0.36%
8.Household
-
Textile Raw Material Price 2014-03-03
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
102.59
USD/Barrel
0.19%
2014-03-03
Crude Oil Brent
109.07
USD/Barrel
0.1%
2014-03-03
PX
1233
USD/Ton
0.24%
2014-03-03
PTA Buy
6230
RMB/Ton
0.16%
2014-03-03
PTA Sell
882
USD/Ton
0%
2014-03-03
MEG Buy
6610
RMB/Ton
1.23%
2014-03-03
MEG Sell
893
USD/Ton
0.34%
2014-03-03
CPL Buy
-
* Traders eye the March USDA supply-demand report
* Commodities advance as skittish investors turn to safe havens
* Australia's 14/15 cotton output to fall 11.4 pct -ABARES
Cotton futures rallied on Monday, lifted by expectations that the U.S. government next week will reduce its outlook for ending inventories in the United States, the world's top exporter.
The most active May cotton contract on ICE Futures U.S. closed up 1.19 cents, or 1.4 percent, at 88.33 cents a lb.
Commoditie