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Cotton futures rose on Friday on worries that adverse weather could have affected ongoing crop harvest in the United States, with prices also supported by a weaker dollar, even as traders awaited direction from the upcoming US presidential election.
"They've had some rains in Texas plains. They may have had a little hail, so we might have lost some cotton there," said Keith Brown, principal at cotton brokers Keith Brown and Co in Moultrie, Georgia, adding "but generally speaking, we're waitin
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Textile Raw Material Price 2016-11-07
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
44.07
USD/Barrel
-2.8%
2016-11-07
Crude Oil Brent
789
USD/Barrel
-0.75%
2016-11-07
PX
45.58
USD/Ton
-2.73%
2016-11-07
PTA Buy
4645
RMB/Ton
-1.38%
2016-11-07
PTA Sell
603
USD/Ton
-0.33%
2016-11-07
MEG Buy
5850
RMB/Ton
0%
2016-11-07
MEG Sell
694
USD/Ton
0%
2016-11-07
CPL Buy
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Top 10 Rising Categories
Top 10 Falling Categories
1.Natural Fiber Grey Cloth
1.93%
1.Thread & Rope
-4.54%
2.Chemical Fiber Grey Cloth
1.84%
2.Lining
-3.20%
3.Blended Fiber Grey Cloth
1.57%
3.Nylon Fabric
-2.51%
4.Cotton Fabric
1.52%
4.NC Fabric
-1.99%
5.Apparel Lining
1.18%
5.TW Fabric
-1.53%
6.Lace
1.08%
6.Viscose
-1.24%
7.Other Chemical Fibers
0.73%
7.Fashion Fabric
-0.73%
8.Linen/Vis
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No.
Item
WidthCM
Specification/Weight
Price
①
Polyester Lustrous Jacquard Printed Curtain Fabric
280
580g/m
15.60yuan/m
②
Cotton Pad-dyed Drill
148
20S×16S、128×60
15.80yuan/m
③
T/R Serge
150
450g/m
17.00yuan/m
④
TN Corduroy
150
450g/m
18.00yuan/m
⑤
Polyester Knitted Double Brushes and Single Napped Polar Fleece
150
Polyester DTY144F
25.50yuan/kg
⑥
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Textile Raw Material Price 2016-11-06
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
45.34
USD/Barrel
-2.85%
2016-11-06
Crude Oil Brent
46.86
USD/Barrel
-2.66%
2016-11-06
PX
795
USD/Ton
-1%
2016-11-06
PTA Buy
4710
RMB/Ton
-0.84%
2016-11-06
PTA Sell
605
USD/Ton
0%
2016-11-06
MEG Buy
5710
RMB/Ton
-0.7%
2016-11-06
MEG Sell
685
USD/Ton
-0.72%
2016-11-06
CPL Buy
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Cotton futures fell on Thursday, registering a more than three-week low during the session, on speculator liquidation as index funds continued to roll positions.
The natural fiber market also took stock of weekly export sales data from the US Department of Agriculture, which showed net upland sales totalled 160,400 running bales (RB) of cotton for the week ended October 27, up 24 percent from the previous week. Exports were down 25 percent, however, from the prior 4-week average.
"Over the
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Textile Raw Material Price 2016-11-03
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
45.34
USD/Barrel
-2.85%
2016-11-03
Crude Oil Brent
46.86
USD/Barrel
-2.66%
2016-11-03
PX
795
USD/Ton
-1%
2016-11-03
PTA Buy
4710
RMB/Ton
-0.84%
2016-11-03
PTA Sell
605
USD/Ton
0%
2016-11-03
MEG Buy
5710
RMB/Ton
-0.7%
2016-11-03
MEG Sell
685
USD/Ton
-0.72%
2016-11-03
CPL Buy
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Cotton futures settled up on Wednesday, boosted by forecasts for harvest-hindering rains in Texas, the top-producing state in the United States, and further supported by a weaker US dollar.
"A lower dollar, sporadic mill buying and a little bit of wet weather coming into Texas gave the market a little boost," said Rogers Varner, president of Varner Brokerage in Cleveland, Mississippi.
The market awaited the release of the US Department of Agriculture's weekly export sales report on Thursda
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Textile Raw Material Price 2016-11-02
Item
Price
Unit
Fluctuation
Date
Crude Oil WTI
46.67
USD/Barrel
-0.41%
2016-11-02
Crude Oil Brent
803
USD/Barrel
-0.12%
2016-11-02
PX
48.14
USD/Ton
-0.33%
2016-11-02
PTA Buy
4750
RMB/Ton
-0.52%
2016-11-02
PTA Sell
605
USD/Ton
-0.82%
2016-11-02
MEG Buy
5750
RMB/Ton
0.35%
2016-11-02
MEG Sell
690
USD/Ton
0%
2016-11-02
CPL
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Cotton futures fell on Tuesday to touch their lowest in a week on liquidation by speculators as good harvesting conditions prevailed in the United States. On Monday, the first month December contract on ICE Futures registered the biggest intraday percentage loss in seven weeks as index funds shifted long positions forward and as the US dollar firmed.
"Speculators have to get on the move at some point, they've got a very large long position ... and not a lot of buyers in there," said Jordan Le