Home / Knowledge / News / Textiles / Cotton markets rebound, but excitement missing
Cotton markets rebound, but excitement missing
25
Feb '09
We finally got a good bounce in the stock market, but the commodities still look to be cautiously friendly. We have seen several dead cat bounces in the equity markets so this one is hard to get too excited about.

After so many down days, we were due for a bounce, but the fundamentals and technicals do not support this low holding. Cotton volume remains light as there is some hand to mouth buying being done on the dips.

Export sales should be good this week, but world prices remain soft as more new crop starts to find its way into the market. There does not seem to be anything very bullish out there so would not be surprised to see more testing of the lows as we try to build a bottom in the equity markets.

Demand and consumption feel very weak as we try to decide how much new crop acreage will be cut for cotton. For now, the K'09 feels weak and will struggle to move higher unless the stock market builds strongly on top of today's gains.

Click here to view more:

ECOM USA Inc

Must ReadView All

L-R Manish Singhai, COO, Peter England; Vinai Kumar Saxena, chairman, KVIC; Ashish Dikshit, business head, ABFRL and Anshu Sinha, CEO, KVIC while signing agreement. Courtesy: ABFRL

Textiles | On 24th May 2017

Aditya Birla & KVIC enter into a strategic partnership

Aditya Birla Fashion and Retail Ltd (ABFRL) and Khadi and Village...

Courtesy: Jabong

Apparel/Garments | On 24th May 2017

Jabong Mood Store redefines online shopping in India

Jabong, India's leading online fashion retailer, has launched the...

Textiles | On 24th May 2017

Starlinger unveils FX 8.0 circular loom for fabric making

Starlinger, a leading supplier of machinery for woven plastic...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Bani Batra

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search