Browse tag

cotton price

Home / Posts Tagged "cotton price"

Latest Posts

Cotton slump continues for 12th session on China concerns

Cotton fell almost 19 percent to 75.85 cents a pound on ICE Futures U.S. in New York since reaching a 16-month closing high of 93.32 cents on Aug. 16. Traders say they expect the state-owned company that controls China’s cotton

Cotton tumbles to 9-month low

Cotton prices fell to a nine-month low after data showed demand for the fiber has waned just as production is ramping up, as favorable weather conditions in key cotton-growing states in the U.S. was likely to boost the pace of the

How will China cotton policy change impact the world market?

China is the largest importer of raw cotton in the global market. In 2011, the Chinese government began stockpiling cotton in an effort to support domestic farmers through the establishment of purchase prices. In 2012, the government stockpiled 85% of

How will China influence the cotton market?

The December cotton contract closed below its 50- and 100-day moving averages at 85.24 cents and 85.72 cents on Monday, an indication of technical pressure in a market that has been largely range-bound in recent sessions. Trading volumes totaled fewer

Declining cotton production will lead to higher prices in 2013-14

“Global cotton production will decrease by 11 percent to 23.2 million tons (106.56 million bales) in 2013-14 due to lower cotton prices and increased attractiveness of competing crops”, says the International Cotton Advisory Committee (ICAC) in its latest market outlook published

Lumber at 18-month high; Cotton at 5-month

Lumber prices shot higher this week, reaching the highest price in over 18 months, spurred on by a stronger housing market. On Wednesday, the US Commerce Department released figures showing that new home construction in September reached an annualized rate