Home / Knowledge / News / Textiles / US cotton futures post another record high
US cotton futures post another record high
Oct '10
A rally in the cotton market of China on high demand and restricted international supply of cotton fibre has caused the U.S. cotton futures to bounce over four percent to create a record high growth. Cotton prices in China touched the upper four percent limit when compared with the previous session.

US cotton futures contracts for December touched a record high of US $1.198 per lb in Asian trade. According to the China Cotton Association, cotton imports in China in the month of September, 2010, amounted to 201,000 tons, which indicated an increase of 97 percent, from a year ago.

The China Cotton Association has cut its projection of China's cotton yield to 6.64 million tons. This is the second cut in its estimate in a period of more than two weeks. On 29th September, it had estimated a yield of 6.7 million tons, which is less than the first estimate of 6.96 million tons.

The latest estimate would indicate a drop of 5 percent from the forecast of previous year's yield of 7.0 million tons, however the Chinese administration announced last year's yield at 6.4 million tons. It is less than the U.S. Department of Agriculture's forecast of 32 million bales or, 6.976 million tons.

Fibre2fashion News Desk-India

Must ReadView All

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Textiles | On 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Interviews View All

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Marten Alkhagen
Swerea IVF AB

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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:
July 2017

July 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