Home / Knowledge / News / Textiles / Electronic cotton trading market posts gains
Electronic cotton trading market posts gains
Sep '10
On September 03, transactions through electronic matching trade market on China National Cotton Exchange (CNCE) reached 45,020 tons, down by 1,900 tons compared with the previous day.

ICE cotton prices soared again on September 2. The most active December contract reached the highest point since March 2008, up 208 points to close at 89.49 cents / pound, its two-day gain fetched 329 points in a row.

Under the influence of ICE cotton market and local rainfall in primary cotton production areas in China, MA contracts extended sharp gains of the previous day, the market once again approached intra-day limit.

Except contract MA1009, all other MA contracts increased by 215-300 Yuan. Nearby month contract MA 1009 closed at 18,800 Yuan / ton, up 215 Yuan; the major contract MA1101 closed at 18,175 Yuan, up 298 Yuan.

Contract MA1012 closed at 18,010 Yuan (328B) to fall to its lowest level, while contract MA1009 closed at 18,800 Yuan and in the process, hit the highest price.

The price index of Chinese cotton grade 328 was 18,017 Yuan / ton on the day, 675 Yuan lower compared to the average price of nearby month contract MA1009. On September 3, cotton price index in China gained 5 Yuan to 18,017 Yuan / ton.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 6th Dec 2016

Alibaba merges Juhuasuan with Tmall.com

In a business reorganisation, aimed at making it easier for merchants ...

Comez 609 B8 machiner. Courtesy: Jakob Muller

Textiles | On 6th Dec 2016

Jakob Müller shows new machines at India ITME

Jakob Müller AG, developer of machineries for the manufacture of...

Courtesy: The Fashion Awards 2016

Fashion | On 6th Dec 2016

Fashion Awards: Alexander McQueen is brand of the year

Alexander McQueen received the brand of the year award at the Fashion ...

Interviews View All

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Asim Dalal
Indo Count Retail Ventures

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

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Eric Scholler

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

Eamonn Tighe
Nature Works LLC

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Bani Batra

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

Tony Ward
Tony Ward

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

Igor Chapurin

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

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search