Home / Knowledge / News / Textiles / Cotton traders keep close watch on July/Dec spread
Cotton traders keep close watch on July/Dec spread
Jun '14
It is all about the spread. The trade has their eye glued to the screens, watching the July/December spread come back out.
Since last Friday, the spread has come out 245 points to close the week at 923 points, July over Dec. The index roll seemed to be the best opportunity for the trade to find relief but the opposite occurred. 
The trade seemed to take advantage of the liquidity to also roll as well as any other shorts who just got out completely given the heating battle for the cert stock. There are some interesting theories floating about as to who will be taking it and for what reasons but most everyone is getting out of the way to reduce any July exposure. As a result the open interest on the front month continues to fall and rise on the spot.
Options expired and for now it looks like no one tried something out of the ordinary.
This week’s WASDE report was mildly bearish given that the USDA didn’t raise U.S. production the amount the market believes we could see. Once again, last weekend’s rains in west Texas theoretically continue to add bales and money into the hands of the farmers. 
There are still a few long hot months to come and with “The Boy” affecting the World’s weather patterns, who knows what will happen.


Must ReadView All

Rick Helfenbein (left), president and CEO of AAFA, with Juan Estrada, chief of party, Hub; Courtesy: Hub

Apparel/Garments | On 23rd Feb 2017

AAFA inks agreement for best manufacturing in East Africa

The American Apparel & Footwear Association (AAFA) has entered into a ...

Mango vice-chairman and member of the board of directors Daniel Lopez (L) with Ananth Narayanan, CEO, Myntra & Jabong. Courtesy: Myntra

Apparel/Garments | On 23rd Feb 2017

Mango awards distribution & management rights to Myntra

Mango, the Spanish fast fashion brand, has awarded its master...

Courtesy: IUCN

Apparel/Garments | On 23rd Feb 2017

Synthetic clothes should shed fewer fibres: IUCN report

Synthetic clothes should be designed in a manner that it will shed...

Interviews View All

Binoy Ravjani
Hero's Fashion

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

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Ritu Kumar
Label Ritu Kumar

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

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

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search