Home / Knowledge / News / Textiles / Spot cotton sellers adjust prices, still no takers
Spot cotton sellers adjust prices, still no takers
Aug '10
Zhengzhou cotton contract CF1101 opened flat on August 5, the market declined on liquidation of long positions after a rally, daily average showed a negative trend, intraday trade volume shrank and open interest fell.

ICE cotton futures adjusted on Wednesday. CNCE trading transactions registered 11,960 tons through electronic match on the day, the market opened lower amid shocks, MA contracts showed small waves and trade and order volumes fell marginally.

Spot selling was larger than spot buying. One cotton trader in Zhejiang adjusted his selling price of Xinjiang cotton down to 18,300 Yuan / ton, but still it not easy to sell out. Most textile factories hold abundant stocks.

Meanwhile it is known that cotton textile enterprises are expected to accept the price of 18,000 Yuan / ton for the about to be released state cotton reserves. On August 4, Chinese cotton price index (CC Index 328) was 18218 Yuan/ ton.

The US cotton index and December contract closed in a negative range on Wednesday, December contract failed to test the high point of the previous day, but found support from the daily average.

Fibre2fashion News Desk - China

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

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Giorgio Mantovani
Corman S.p.A

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Wendell Rodricks
Wendell Rodricks

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Bani Batra

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

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


news category

Related Categories:
May 2017

May 2017

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


Browse Our Archives


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