Home / Knowledge / News / Textiles / ICE cotton futures move within tight range this week
ICE cotton futures move within tight range this week
Aug '13
ICE cotton futures moved within tight range in thin trading this week as traders remained mostly undecided. The spot December contract settled at 84.98, around the same level where it opened at the beginning of the week.

The general feeling of friendly near term, bearish longer term caused the inversion between December and March contracts to go out to over 200 points during the week. Cert stocks disappeared at a fast pace after continuous de-cert, and by the end of the week, they totaled at 71k bales only, almost non existent comparing to the 600k plus bales of stocks at the beginning of July.

The trend for the economy during the third quarter so far has been friendly commodities and equities as the S&P index broke into all time highs this week over 1700. The S&P is up almost 20% for the year which is the strongest rally we have seen in several years.

The northern hem crop still has a long way to go but after the last two seasons of disappointing results, there is a tendency to be pessimistic.

This could add to the bearish momentum in the 4th quarter if we do get better than expected results. China is still the wild card and will have to see if they support a correction into the low 80’s. For now the range is most likely to hold between 83/86 as we wait for more feedback on the crop.


Must ReadView All

Courtesy: Polartec

Textiles | On 28th Oct 2016

Polartec innovates most breathable waterproof fabric

Polartec, the premium provider of innovative textile solutions, has...

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Interviews View All

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search