Monday, September 29, 2014

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East India Cotton association Prices - Sep 29

  • Monday, September 29, 2014
  • Thùy Miên
  • East India Cotton association Prices - Sep 29




    BANGALORE, Sep 29 (Reuters) - The following are the daily Cotton
    prices supplied by Indian based East India Cotton Association.
    The prices are in Indian Rupees per Candy (355.62 Kgs).

    PRODUCTS CURRENT
    RAW COTTON(STAPLE)----------------------
    ICS-101(B22mm) ...

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    BC-Cotton Bale: Sept 29

  • Thùy Miên
  • BC-Cotton Bale: Sept 29




    NEW YORK — Cotton futures No. 2 $1.05 to $3.10 a bale lower Monday.
    The average price for strict low middling 1 & 1-16 inch spot cotton declined 27 cents to 61.44 cents per pound Monday for the seven markets, according to the Market News Branch, Memphis USDA.

    – AFP


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    Heavy rains prove detrimental to cotton growers

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  • Heavy rains prove detrimental to cotton growers




    The vagaries of weather have ushered in blessings as well curse for the farmers of Siruguppa taluk in Bellary district. Overwhelmed by the bumper cotton yield the previous year, the farmers of Siruguppa taluk tried to replay the success story this time too. 
    Unfortunately for them, inspite of ...

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    Karachi Cotton Association prices - Sept 29

  • Thùy Miên
  • Karachi Cotton Association prices - Sept 29




    KARACHI, Sept 29 (Reuters) - The Karachi Cotton Association on Monday fixed
    the official spot rate
    or base price for Grade 3 cotton at 5,466 rupees per maund (40 kg).
    Grade 3 cotton has a staple length of 1-1/16" (inches) and micronaire value
    between 3.8 to 4.9 NCL (no control limits)...

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    India"s textiles, apparel exports to rise by 10 percent this year

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  • By Meenakshi Sharma

    MUMBAI (Reuters) – India’s cotton and apparel exports are set to climb by around 10 percent this year as higher wages, political instability and concerns about workplace conditions in other producing markets steer international buyers toward Indian exporters,...

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    Beijing cotton plans dash US farmers" hopes of price recovery

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  • China’s plan to slash cotton imports next year has dealt one of the biggest blows yet to US farmers’ hopes of a sustained recovery in prices, raising further fears the policy overhaul may roil global trade and curb demand. China said on Monday it will cut imports next year to 894,000...

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    Howell: Cotton plunges to five-year low as China curbs imports

  • Thùy Miên
  • Howell: Cotton plunges to five-year low as China curbs imports




    By Duane Howell
    For A-J Media


    Plans by China, the world’s largest cotton consumer, to restrict its 2015 imports have driven cotton futures to nearly a five-year low.
    Benchmark December lost 401 points for the week ended Thursday to close at 61.40 cents, a new contract low finish and the lowest ...

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    Brisk cotton buying at falling prices

  • Thùy Miên
  • Brisk cotton buying at falling prices




    KARACHI: Buyers rushed to replenish their stocks on falling cotton prices as higher phutti (seed cotton) arrivals continue to exert pressure on lint prices.
    The world cotton markets are under pressure after China last week announced to cut its import quota and ensured to supply cotton to mills...

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    Saturday, September 27, 2014

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    2014 Texas cotton crop expected to be steady

  • Saturday, September 27, 2014
  • Thùy Miên
  • 2014 Texas cotton crop expected to be steady




    COLLEGE STATION – Supply is the controlling factor of cotton prices heading into harvest season, according to a Texas A&M AgriLife Extension Service economist.
    Dr. John Robinson, AgriLife Extension cotton marketing economist in College Station, said, “Supply is the big question.”
    “As a backdr...

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    2015 Outlook For This Cotton ETN

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  • 2015 Outlook For This Cotton ETN





    Summary

    Global production continues to fall while inventories continue to rise.
    China’s policies have directly led to the current price and will continue to dictate U.S. cotton prices next year.
    Alternatives to cotton continue to be priced more competitively.


    During our last update on...

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    Pakistan"s Cotton market: prices stabilise on depressed trade activity

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  • Trading activity came down on the local cotton market on Friday as prices resisted fresh decline following the reports of recovery in the international market, dealers said. The official spot rate held the overnight levels at Rs 5050, they added. In the ready session, around 12,000 bales of...

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    Weekly Cotton Market Review September 26, 2014
    Spot cotton quotations averaged nearly four and one-half cents lower than the previous week, according to the USDA, Agricultural Marketing Service’s Cotton and Tobacco Program. Quotations for the base quality of cotton (color 41, leaf 4, staple 34, m...

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    [Plexus Cotton] Cotton market report: September 26th 2014

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  • [Plexus Cotton] Cotton market report: September 26th 2014




    New York futures continued their precipitous slide, with December falling another 316 points this week to close at 61.89 cents/lb.
    Negative technical and fundamental developments pushed December to a new record low of 60.83 cents on Thursday, before a dead-cat bounce resulted in a small rebound...

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    Cotton Market Weekly: September 27, 2014

  • Thùy Miên
  • Cotton Market Weekly: September 27, 2014




    December cotton futures prices at the Intercontinental Exchange (ICE) fell to their lowest level since 2009 at the close of Thursday’s trading session in New York. The contract traded as low as 60.83 cents per pound before buyers returned, enabling it to settle at 61.40 cents, down 17 points. It ...

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    Tuesday, September 23, 2014

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    Pakistan"s Cotton market: strong phutti supply keeps rates under pressure

  • Tuesday, September 23, 2014
  • Thùy Miên



  • Prices continued to decline, synchronised with the global trend, dealers said on the cotton market on Monday. The official spot rate dropped further by Rs 50 at Rs 5,450, they added. In the session, over 17,000 bales of cotton changed hands between Rs 5400 and Rs 5600, they said. In Sindh, rates...

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