Sluggish demand pushes cotton prices down in India

News Tags: Cotton Advisory Board, cotton harvest in india, cotton price in india, cotton prices, cotton production in India, us cotton futures

Mumbai
Summary: 
Cotton markets in India continued to reel under demand pressure. Weak demand from mills remained sluggish pushing cotton prices down by about 3% or INR1,000 per candy of 355 kg over the week. According to reports, prices also

Cotton markets in India continued to reel under demand pressure. Weak demand from mills remained sluggish pushing cotton prices down by about 3% or INR1,000 per candy of 355 kg over the week. According to reports, prices also declined due to poor export demand. Cotton exports in December were good but reversed in January, giving back the fibre to domestic mills. Traders believe that prices will decline further by another INR500 a candy in coming weeks.

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Cotton prices trend on climatic conditions, rains still trailing in India

News Tags: cotton price in india, cotton price in Pakistan, cotton prices, us cotton futures

Mumbai
Cotton prices trend
Summary: 
Cotton prices changed marginally opening the week, yesterday. The US cotton futures closed down 0.05 per cent on the day with the benchmark December contract on ICE Futures at US cents 66.15 per pound, paring losses after sinking near the key support level of US cents 65.

Cotton prices changed marginally opening the week, yesterday. The US cotton futures closed down 0.05 per cent on the day with the benchmark December contract on ICE Futures at US cents 66.15 per pound, paring losses after sinking near the key support level of US cents 65.

http://www.yarnsandfibers.com/
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Rain in Texas subdues cotton prices, crop arrivals begin in Pakistan

News Tags: cotton crop, cotton price in Pakistan, cotton prices, us cotton futures

Mumbai
Rain in Texas subdues cotton prices
Summary: 
Widespread precipitation last weekend in US largest cotton growing region, Texas has raised prospect of a bountiful crop in the coming season. This has an adverse impact on cotton prices with the US cotton futures' benchmark contract falling on 16 June.

Widespread precipitation last weekend in US largest cotton growing region, Texas has raised prospect of a bountiful crop in the coming season. This has an adverse impact on cotton prices with the US cotton futures' benchmark contract falling on 16 June.

However, mill buying supported prices for the old cotton crop traded via the July contract on ICE Futures US which is due to expire on 9 July. The most-active December contract was bearish through the day, dealers reported.

http://www.brecorder.com/cotton-a-textiles/185/1193462/
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Cotton futures advance for second day on short-covering

News Tags: china cotton reserve, cotton price, global cotton prices, us cotton futures

Mumbai
Summary: 
Cotton futures gained on 13 November on short-covering in heavy trading as the index fund roll neared its conclusion and mill buying under the market continued to underpin prices. The most-active March cotton contract on ICE Futures US closed up 0.5%, to settle at US cents 78.59 per pound, up for a second straight session. Meanwhile, spot December contract edged up 0.1% to US cents 77.97 per pound. On the day, prices moved in a tight range while trading volumes were heavy, but were down from the previous day when spread-related dealings lifted spot prices as much as 1.9 percent and traders scrambled to cover short positions amid the fund roll.

Cotton futures gained on 13 November on short-covering in heavy trading as the index fund roll neared its conclusion and mill buying under the market continued to underpin prices. The most-active March cotton contract on ICE Futures US closed up 0.5%, to settle at US cents 78.59 per pound, up for a second straight session. Meanwhile, spot December contract edged up 0.1% to US cents 77.97 per pound.

http://www.reuters.com/article/2013/11/13/markets-cotton-idUSL2N0IY20D20131113
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