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US ethylene contracts for January were heard fully settled up 2 cents from December, with the net transaction price at 50.25 cents/lb, market sources said Wednesday.
The posted price also rose 2 cents from December to 54.75 cents/lb.
January's settlement brings the contract prices to their highest levels since April 2012.
Source: Platts.
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US propane and propylene stocks fell 1.2 million barrels to 26.71 million barrels for the reporting week ended February 14, Energy Information Administration data showed Thursday.
Gulf Coast stocks saw a draw of 533,000 barrels to fall to 15 million barrels. East Coast stocks saw a 353,000-barrel draw to 1.6 million barrels, while Midcontinent stocks fell 137,000 barrels to 8.83 million barrels.
Propane prices fell hard following the report. Propane at Mont Belvieu, Texas, the Gulf Coast s
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New York-traded cotton futures hit four-month highs on Monday, piercing the 90-cent/lb psychological mark, after an absence of physical delivery against the front-month contract indicated supply of the fiber was even tighter than thought.
The market also saw support from the dollar's slide as news that Ukraine might receive international aid for its debt crisis reduced safe-haven bets placed on the dollar. The dollar edged lower against the so-called commodity currencies of Australia, Canada
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Textile Raw Material Price 2014-02-21
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
103.31
USD/Barrel
0.86%
2014-02-21
Crude Oil Brent
110.47
USD/Barrel
0.01%
2014-02-21
PX
1308
USD/Ton
0%
2014-02-21
PTA Buy
6490
RMB/Ton
-0.15%
2014-02-21
PTA Sell
928
USD/Ton
-1.69%
2014-02-21
MEG Buy
6860
RMB/Ton
-0.87%
2014-02-21
MEG Sell
943
USD/Ton
-0.53%
2014-02-21
CP
-
Textile Raw Material Price 2014-02-20
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
103.31
USD/Barrel
0.86%
2014-02-20
Crude Oil Brent
110.47
USD/Barrel
0.01%
2014-02-20
PX
1308
USD/Ton
0%
2014-02-20
PTA Buy
6490
RMB/Ton
-0.15%
2014-02-20
PTA Sell
928
USD/Ton
-1.69%
2014-02-20
MEG Buy
6860
RMB/Ton
-0.87%
2014-02-20
MEG Sell
943
USD/Ton
-0.53%
2014-02-20
CP
-
Textile Raw Material Price 2014-02-19
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
102.43
USD/Barrel
1.79%
2014-02-19
Crude Oil Brent
110.46
USD/Barrel
1.17%
2014-02-19
PX
1308
USD/Ton
-0.38%
2014-02-19
PTA Buy
6500
RMB/Ton
-0.61%
2014-02-19
PTA Sell
944
USD/Ton
-0.11%
2014-02-19
MEG Buy
6920
RMB/Ton
0.58%
2014-02-19
MEG Sell
948
USD/Ton
0.64%
2014-02-19
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Textile Raw Material Price 2014-02-18
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
100.3
USD/Barrel
0%
2014-02-18
Crude Oil Brent
109.08
USD/Barrel
0%
2014-02-18
PX
1306
USD/Ton
0%
2014-02-18
PTA Buy
6580
RMB/Ton
0%
2014-02-18
PTA Sell
947
USD/Ton
0%
2014-02-18
MEG Buy
6940
RMB/Ton
0%
2014-02-18
MEG Sell
950
USD/Ton
0%
2014-02-18
CPL Buy
17100
RMB/T
-
Textile Raw Material Price 2014-02-17
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
100.35
USD/Barrel
-0.02
2014-02-17
PX
1314
USD/Ton
-12
2014-02-17
Crude Oil Brent
108.73
USD/Barrel
-0.06
2014-02-17
PTA Buy
6610
RMB/Ton
-470
2014-02-17
PTA Sell
947
USD/Ton
-5
2014-02-17
MEG Buy
7050
RMB/Ton
-110
2014-02-17
MEG Sell
965
USD/Ton
-23
2014-02-17
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* Fiber prices fall back from 6-month highs
* Volumes heavy as traders roll positions from March
* USDA export data shows canceled bales from China
Cotton futures eased on Thursday in heavy trading, retreating from the previous session's 6-month highs, under pressure from the rolling of closely-watched commodities index funds.
The most-active May cotton ontract on ICE Futures U.S. edged down 0.27 cent, or 0.3 percent, to settle at 88.58 cents a lb.
The spot March contract fell mor
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Cotton prices unchanged on Friday following moderate demand. Kapas or raw cotton traded flat as demand from ginners was limited.
Gujarat Sankar-6 cotton traded at ₹42,800-42,900/candy of 356 kg. Kapas ruled at ₹1,050-1,090 for a maund of 20 kg, while gin delivery kapas traded on ₹1,090-1,095 for a maund in Rajkot.
About 60,000 bales cotton arrived in Gujarat and 1.85 lakh bales arrived across the country.
On the National Commodity and Derivatives Exchange, kapas April