Home / Knowledge / News / Textiles / Good volume in cotton market
Good volume in cotton market
Apr '09
Another strong day for cotton as we closed over 400 points higher from last Friday. Technicals are still positive and the equity markets are holding up well and managed to close above 8,000.

We are reaching 7 week highs in cotton and the COT report on page 2 (attached PDF) shows that specs and index funds are reducing shorts and adding to long positions. Volume was respectable again today with 15,000 futures and 7,000 options as open interest continues to rise.

We are still in a very bullish seasonal pattern and this should continue to push commodity and equity prices higher. The stock market is in a friendly seasonal pattern and for now buying pull backs remains the best way to play this market. We have a short week next week with a USDA report and options expiration on Thursday.

There is no doubt that fundamentally the picture will start to get more bearish with the front month trading near 50 cents, but for now the specs are still supporting dips into good scale up commercial selling.

Click here to view more:


Must ReadView All

Textiles | On 27th Oct 2016

Garmon Chemicals partakes in Kingpins denim show

Garmon Chemicals, leader in innovative chemical auxiliaries and...

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Marten Alkhagen
Swerea IVF AB

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

Mark Paterson
Technical Absorbents Ltd

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

Larry L Kinn
Suominen Corporation

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

Igor Chapurin

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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