YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Cotton market weakens, viscose jumps

Cotton futures’ uptrend slowed down in the week ended 5th July 2019 amid expectations of massive production in the coming season, largely in India. Meanwhile, Brazil substituted US cotton suppliers on the Chinese markets due to the US-China trade war.

Viscose staple fibre prices jumped in China, fell in India, and remained flat in Pakistan during the week. In China, VSF offers rose further this week amid limited availability and decreasing supply in the markets. A few downstream buyers restocked VSF again this week despite having bought in huge quantities previously.

Related Keywords: Cotton futures, cotton historical prices, cotton market trend, cotton prices, cotton prices in china, cotton prices in india, cotton prices in Pakistan, cotton prices in US, cotton yarn, rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

Viscose, cotton markets remain bearish

Viscose staple fiber (VSF) offers in the Asian markets were lowered again in the last week of May 2019 due to lackluster downstream buying interest amid cautious mentality as a whole. Viscose filament yarn prices were range-bound despite the fall in raw material cost. The market sentiment doesn't seem to improve much and it is likely that it will remain bearish in the coming weeks as well.

Related Keywords: Cotton futures, cotton historical prices, cotton market trend, cotton prices, cotton prices in china, cotton prices in india, cotton prices in Pakistan, cotton prices in US, cotton yarn, rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

Cotton prices decline amid dull buying

Related Keywords: cotton exporter, Cotton futures, cotton harvest, international cotton prices, raw cotton, yarn makers, yarn mills

Cotton futures on the Intercontinental Exchange (ICE) will have a direct impact on Indian prices. ICE cotton futures traded at 74.13 cents on Wednesday. Any spurt in ICE will make a favourable case for Indian cotton exports. Atul Ganatra, President, Cotton Association of India (CAI), the apex trade body comments, “Uncertainty still looms over the trade truce between the US and China. This is causing a range-bound movement for cotton. Indian cotton prices have now bottomed out as there is no room for further correction.

Buying interest improved with arrival of new cotton crop

Related Keywords: cotton, Cotton futures, Cotton market, cotton prices, new cotton crop, Textile

Pakistan cotton market witnessed improved buying interest in new crop on Tuesday. Mills and spinners showed interest in purchasing new crop due to quality factor which helped to improve the volume of business.

According to analyst, Naseem Usman, some of mills were on the sidelines due to rising problems related to textile business such as load shedding. Other dealers said that cotton market saw thin business because of bank holiday.

Cotton Futures record sharpest weekly decline in 6 months

Cotton futures on the ICE fell for the fifth straight session in the week of 22 May, ending their worst week in more than six months as stronger US$ continued to prompt speculator liquidation, though traders noted prices remained locked in a tight trading range. July contract settled down US cents 3.54 or 5.3 per cent n the week to US cents 63.30 per pound.

Related Keywords: Cotton futures, cotton price in china, cotton price in india, cotton price in Pakistan, cotton prices

Cotton futures fuelled by frenzy mill buying and short-covering

Related Keywords: Cotton futures, cotton prices

A combination of short-covering and frenzy mill buying fuelled cotton futures to a highest daily gain since March as the benchmark December cotton contract on ICE Futures US closed up US cents 1.35 cents, or 2.1 per cent, to US cents 64.72 per pound on 13 August.

Cotton futures skid to four-month low on news of increased supply

Related Keywords: Cotton futures, cotton growing in USA, cotton prices, cotton sowing in texas, US Department of Agriculture

As precipitation improved over the last five days across Texas, the country's biggest cotton producing state, the prospect of improved supplies heightened showed the US government data. The data released after market close on 27 May reinforced expectations that fibre availability will improve in the coming season beginning 1 August. However, the release of the report led to cotton futures falling to a four-month low on 28 May.

Cotton price rises to two-week high on ICE on fear of output drop in China

Related Keywords: cotton forecast, Cotton futures, cotton prices in china, cotton production in china

Cotton prices have been see-sawing for some time now, gyrating on production news from top producing countries. On the ICE, cotton prices jumped to a two-week high on 21 November after China predicted its harvest will decline 12.3 per cent this year as an early frost adversely impacted its yields. The most-active March cotton contract on ICE Futures US gained US cent 0.58 cent, or 0.7 percent, to settle at US cents 78.14 per pound, near the contract's 10-14-day moving averages.

Cotton futures hands back previous day’s gains, hits January low on poor demand

Related Keywords: cotton demand from china, Cotton futures, cotton prices

The US cotton future fell to a new nine-and-a-half-month low on 14 November, thus giving back the previous day's gains as demand remained poor amidst rising inventory. The concerns about oversupplies still hang in balance. The most-active March cotton contract on the ICE Futures US declined to an intraday low of US cents 77.37 per pound, its weakest since mid-January. Prices settled down 1.4% to US cents 77.46 per pound.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button