Cotton futures snapped a three-day rally on Thursday, recovering from an initial sell-off driven by profit booking to settle marginally lower, a day after touching the highest in 2016. Traders also took stock of weekly US government data, which showed sales of upland cotton totalled 104,800 running bales for the week ending April 15, up 24 percent from the previous week, but down 10 percent from the prior 4-week average. "Once the day session got under way, several recent longs took profit o

Rates heading towards season's high on the cotton market on Monday on tight supply of quality lint, dealers said. Just in a single day rally, the official spot rate gained Rs 100 to Rs 5,650 dealers said. In the Punjab, seed-cotton prices were at Rs 3000 and Rs 3200, they said. In the ready business, around 11000 bales of cotton changed hands between Rs 5100 and Rs 5950, they said. Some brokers said that demand is surging with the passage of time as country is facing shortage of nearly 5 million

Textile Raw Material Price 2016-04-25 Item Price Unit Fluctuation Date Crude Oil WTI 43.73 USD/Barrel 1.27% 2016-04-25 Crude Oil Brent 45.11 USD/Barrel 1.3% 2016-04-25 PX 817 USD/Ton 0% 2016-04-25 PTA Buy 4770 RMB/Ton -1.65% 2016-04-25 PTA Sell 630 USD/Ton 0% 2016-04-25 MEG Buy 5350 RMB/Ton 0.38% 2016-04-25 MEG Sell 673 USD/Ton -0.3% 2016-04-25 CPL Buy 1

Textile Raw Material Price 2016-04-21 Item Price Unit Fluctuation Date Crude Oil WTI 42.63 USD/Barrel 3.77% 2016-04-21 Crude Oil Brent 45.8 USD/Barrel 4.02% 2016-04-21 PX 795 USD/Ton 0.63% 2016-04-21 PTA Buy 4675 RMB/Ton 0.65% 2016-04-21 PTA Sell 630 USD/Ton 2.44% 2016-04-21 MEG Buy 5175 RMB/Ton 0.1% 2016-04-21 MEG Sell 658 USD/Ton 0.77% 2016-04-21 CPL Buy

Textile Raw Material Price 2016-04-20 Item Price Unit Fluctuation Date Crude Oil WTI 41.08 USD/Barrel 3.27% 2016-04-20 Crude Oil Brent 44.03 USD/Barrel 2.61% 2016-04-20 PX 790 USD/Ton -0.63% 2016-04-20 PTA Buy 4645 RMB/Ton 0.65% 2016-04-20 PTA Sell 615 USD/Ton -0.49% 2016-04-20 MEG Buy 5170 RMB/Ton -1% 2016-04-20 MEG Sell 653 USD/Ton -0.76% 2016-04-20 CPL B

Cotton futures on Monday rose to their highest level in over two months and registered their biggest one-day gain in more than eight months on short covering amid reports of severe weather in South Texas. There was muted reaction to China's announcement last week that it will hold sales to reduce state reserves, which may have inspired investors to follow Asian traders in covering their short positions, said Peter Egli, director of risk management at British merchant Plexus Cotton. The July

Textile Raw Material Price 2016-04-19 Item Price Unit Fluctuation Date Crude Oil WTI 39.78 USD/Barrel -4.14% 2016-04-19 Crude Oil Brent 42.91 USD/Barrel -2.19% 2016-04-19 PX 795 USD/Ton -1.12% 2016-04-19 PTA Buy 4615 RMB/Ton -1.07% 2016-04-19 PTA Sell 618 USD/Ton -1.59% 2016-04-19 MEG Buy 5222 RMB/Ton -1.14% 2016-04-19 MEG Sell 658 USD/Ton -0.75% 2016-04-19

Top 10 Rising Categories Top 10 Falling Categories 1.Thread & Rope 3.83% 1.TW Fabric -4.66% 2.Chemical Fiber Grey Cloth 2.54% 2.Belt -4.64% 3.TS Fabric 1.85% 3.Nylon Fabric -2.73% 4.Cotton Fabric 1.31% 4.TR Fabric -1.40% 5.Blended 0.92% 5.Lace -1.35% 6.Polyester 0.86% 6.Polyester Fabric -0.63% 7.Viscose Fabric 0.82% 7.Other Chemical Fibers -0.55% 8.TW Fabric 0.69% 8.Viscose -0.5

The cautious trading attitude was maintained by buyers on the market, even though cotton arrival was larger and ginners had in ginneries some 0.8 million bales but sellers were not flexible to ease the high cost of doing business. According to arrivals factories received 11.349 million bales. Again on the last session of the week prices moved up .The spot rate also raised by Rs50 to Rs 3650 and the lint prices shot up to Rs 3800. The increased cotton production is God's mercy as discouraged

Textile Raw Material Price 2016-04-18 Item Price Unit Fluctuation Date Crude Oil WTI 41.5 USD/Barrel -0.62% 2016-04-18 Crude Oil Brent 43.87 USD/Barrel -0.7% 2016-04-18 PX 804 USD/Ton -0.99% 2016-04-18 PTA Buy 4665 RMB/Ton 0.11% 2016-04-18 PTA Sell 628 USD/Ton 0.64% 2016-04-18 MEG Buy 5282 RMB/Ton 0.96% 2016-04-18 MEG Sell 663 USD/Ton 0.91% 2016-04-18 CPL B